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According to the public record, Flat 3, 115, Cheam Road, Sutton is a period leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 115, Cheam Road, Sutton is £245,193 and the estimated rental value is £1,111 per month.
The apartment is within 115, Cheam Road, Sutton, SM1.
Cheam Road, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
Flat 3, 115, Cheam Road, Sutton has 31 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 3, 115, Cheam Road, Sutton is in very good condition we estimate a sale value of £257,452 and a rental value of £1,167 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,029 and a rental value of £1,033 per month.
Over the last 12 months the sale value of Flat 3 115 Cheam Road Sutton has increased by an estimated £1,680 (0.7%) and its rental value has increased by an estimated £46 per month (4.1%), giving an expected gross yield of 5.4%.
Flat 3, 115, Cheam Road, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2019.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, 115, Cheam Road, Sutton was last sold on 31st July 2024 for £248,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2024, the market for similar properties has dropped 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 115, Cheam Road, Sutton within a radius of 450 metres over the last 2 years.
The most recent example is Flat 10, Davington Court 82, Worcester Road, Sutton, SM2 6QQ, a leasehold flat which sold for £239,000 on the 27th September 2024.
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 3, 115, Cheam Road, Sutton is the 202nd largest and the 151st most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in SM1.
The closest station to Flat 3, 115, Cheam Road, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 115, Cheam Road, 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 3, 115, Cheam Road, 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 3, 115, Cheam Road, 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 3, 115, Cheam Road, 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 3, 115, Cheam Road, 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.