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According to the public record, Flat 3, 14, Park Lane, Wallington is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 533 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 3, 14, Park Lane, Wallington is £249,799 and the estimated rental value is £1,274 per month.
The apartment is within 14, Park Lane, Wallington, SM6.
Park Lane, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 3, 14, Park Lane, Wallington has 31 entries in the Land Registry , most recently in July 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 3, 14, Park Lane, Wallington is in very good condition we estimate a sale value of £262,289 and a rental value of £1,338 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,313 and a rental value of £1,185 per month.
Over the last 12 months the sale value of Flat 3 14 Park Lane Wallington has decreased by an estimated £6,696 (2.7%) and its rental value has increased by an estimated £44 per month (3.4%), giving an expected gross yield of 6.1%.
According to HM Land Registry, Flat 3, 14, Park Lane, Wallington was last sold on 26th July 2012 for £147,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2012, the market for similar properties has risen 38.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 14, Park Lane, Wallington within a radius of 470 metres over the last 2 years.
The most recent example is Flat 18, Chestnut Court 48, Beddington Gardens, Wallington, SM6 0HW, a leasehold flat which sold for £235,000 on the 25th July 2024.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Wallington, SM6 has a total of 75 addresses. According to our analysis of all the public data, Flat 3, 14, Park Lane, Wallington is the 64th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in SM6.
The nearest school is Wood Field Primary School which is 500 metres away. The nearest train station is Wallington which is 300 metres away.
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