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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 34, Scarlet House 17, Wallington is a modern leasehold apartment with 516 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 34, Scarlet House 17, Wallington is £315,885 and the estimated rental value is £1,490 per month.
The apartment is within Scarlet House, Thimble Crescent, Wallington, SM6.
Thimble Crescent, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 34, Scarlet House 17, Wallington has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 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 34, Scarlet House 17, Wallington is in very good condition we estimate a sale value of £331,679 and a rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,773 and a rental value of £1,386 per month.
Over the last 12 months the sale value of Flat 34 Scarlet House 17 Wallington has decreased by an estimated £8,467 (2.7%) and its rental value has increased by an estimated £51 per month (3.4%), giving an expected gross yield of 5.7%.
Flat 34, Scarlet House 17, Wallington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 34, Scarlet House 17, Wallington was last sold on 25th November 2022 for £334,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 21.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 34, Scarlet House 17, Wallington within a radius of 440 metres over the last 2 years.
The most recent example is Flat 18, Scarlet House 17, Thimble Crescent, Wallington, SM6 7FR, a leasehold flat which sold for £330,245 on the 8th December 2022.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thimble Crescent, Wallington, SM6 has a total of 178 addresses. According to our analysis of all the public data, Flat 34, Scarlet House 17, Wallington is the 165th largest and the 151st most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in SM6.
The nearest school is Hackbridge Primary School which is 300 metres away. The nearest train station is Hackbridge which is 200 metres away.
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