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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, 85, Mulgrave Road, Sutton is £182,376 and the estimated rental value is £1,051 per month.
The apartment is within 85, Mulgrave Road, Sutton, SM2.
Mulgrave Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 3, 85, Mulgrave Road, Sutton has 21 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated March 2023.
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 3, 85, Mulgrave Road, Sutton is in very good condition we estimate a sale value of £191,495 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,610 and a rental value of £978 per month.
Over the last 12 months the sale value of Flat 3 85 Mulgrave Road Sutton has decreased by an estimated £3,531 (1.9%) and its rental value has increased by an estimated £39 per month (3.7%), giving an expected gross yield of 6.9%.
Flat 3, 85, Mulgrave Road, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 3, 85, Mulgrave Road, Sutton was last sold on 23rd August 2024 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2024, the market for similar properties has dropped 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 85, Mulgrave Road, Sutton within a radius of 400 metres over the last 2 years.
The most recent example is Flat 42, Castle House 1, Overton Road, Sutton, SM2 6QE, a leasehold flat which sold for £182,500 on the 10th May 2022.
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 3, 85, Mulgrave Road, Sutton is the 399th largest and the 399th most expensive property on the street.
When compared to the postcode district it is £368k less expensive than the average property in SM2.
The nearest school is Overton Grange School which is 626 metres away. The nearest train station is Sutton (London) which is 600 metres away.
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