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Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Graysbrook 121, Sutton is £165,970 and the estimated rental value is £724 per month.
The apartment is within Graysbrook, Cheam Road, Sutton, SM1.
Cheam Road, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
Flat 2, Graysbrook 121, Sutton has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Graysbrook 121, Sutton is in very good condition we estimate a sale value of £174,269 and a rental value of £760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,352 and a rental value of £673 per month.
Over the last 12 months the sale value of Flat 2 Graysbrook 121 Sutton has increased by an estimated £949 (0.6%) and its rental value has increased by an estimated £30 per month (4.1%), giving an expected gross yield of 5.2%.
Flat 2, Graysbrook 121, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 460 metres radius of Flat 2, Graysbrook 121, Sutton over the last 2 years.
The most recent example is Flat 4, 119, Cheam Road, Sutton, SM1 2BG, a leasehold flat which sold for £235,000 on the 28th May 2021.
Read more about house prices in SM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheam Road, Sutton, SM1 has a total of 216 addresses. According to our analysis of all the public data, Flat 2, Graysbrook 121, Sutton is the 216th largest and the 216th most expensive property on the street.
When compared to the postcode district it is £257k less expensive than the average property in SM1.
The closest station to Flat 2, Graysbrook 121, Sutton is West Sutton station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Graysbrook 121, Sutton, 37.0% of property is privately owned outright and 26.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Graysbrook 121, Sutton, 17.7% of residents are recorded as possessing school level qualifications and 47.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Graysbrook 121, Sutton, the average age was 39.3 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Graysbrook 121, Sutton, 2.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Graysbrook 121, Sutton, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.