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According to the public record, Flat 2, Derby House 12, Wallington is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Derby House 12, Wallington is £290,492 and the estimated rental value is £1,507 per month.
The apartment is within Derby House, Melbourne Road, Wallington, SM6.
Melbourne Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 2, Derby House 12, Wallington has 71 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, Derby House 12, Wallington is in very good condition we estimate a sale value of £305,017 and a rental value of £1,583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,158 and a rental value of £1,402 per month.
Over the last 12 months the sale value of Flat 2 Derby House 12 Wallington has decreased by an estimated £7,787 (2.7%) and its rental value has increased by an estimated £52 per month (3.4%), giving an expected gross yield of 6.2%.
Flat 2, Derby House 12, Wallington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 2, Derby House 12, Wallington was last sold on 25th June 2021 for £310,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since June 2021, the market for similar properties has dropped 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Derby House 12, Wallington within a radius of 350 metres over the last 2 years.
The most recent example is Flat 10, Chatham House 10, Melbourne Road, Wallington, SM6 8SB, a leasehold flat which sold for £280,000 on the 13th April 2026.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Wallington, SM6 has a total of 145 addresses. According to our analysis of all the public data, Flat 2, Derby House 12, Wallington is the 56th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in SM6.
The nearest school is Holy Trinity CofE Junior School which is 700 metres away. The nearest train station is Wallington which is 200 metres away.
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