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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, The Limes 118, Sutton is £312,754 and the estimated rental value is £1,657 per month.
The apartment is within The Limes, Mulgrave Road, Sutton, SM2.
Mulgrave Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 2, The Limes 118, Sutton has 2 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, The Limes 118, Sutton is in very good condition we estimate a sale value of £328,392 and a rental value of £1,740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,861 and a rental value of £1,541 per month.
Over the last 12 months the sale value of Flat 2 The Limes 118 Sutton has decreased by an estimated £6,521 (2.1%) and its rental value has increased by an estimated £55 per month (3.3%), giving an expected gross yield of 6.4%.
Flat 2, The Limes 118, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, The Limes 118, Sutton was last sold on 17th May 2024 for £362,999 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Limes 118, Sutton within a radius of 430 metres over the last 2 years.
The most recent example is Flat 9, Lancaster Court, Mulgrave Road, Sutton, SM2 6EY, a leasehold flat which sold for £350,000 on the 14th February 2025.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mulgrave Road, Sutton, SM2 has a total of 399 addresses. According to our analysis of all the public data, Flat 2, The Limes 118, Sutton is the 141st largest and the 175th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in SM2.
The nearest school is Overton Grange School which is 740 metres away. The nearest train station is Cheam which is 800 metres away.
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