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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 4, Vumba House 2, Sutton is £304,189 and the estimated rental value is £1,726 per month.
The apartment is within Vumba House, Cedar Gardens, Sutton, SM2.
Cedar Gardens, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 4, Vumba House 2, Sutton has 41 entries in the Land Registry , most recently in May 2023 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 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 4, Vumba House 2, Sutton is in very good condition we estimate a sale value of £319,398 and a rental value of £1,812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,896 and a rental value of £1,605 per month.
Over the last 12 months the sale value of Flat 4 Vumba House 2 Sutton has decreased by an estimated £6,085 (2.0%) and its rental value has increased by an estimated £60 per month (3.5%), giving an expected gross yield of 6.8%.
Flat 4, Vumba House 2, 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 Warm air, mains gas.
According to HM Land Registry, Flat 4, Vumba House 2, Sutton was last sold on 19th May 2023 for £310,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2023, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Vumba House 2, Sutton within a radius of 300 metres over the last 2 years.
The most recent example is 11, Heathfield Court 4, Cedar Gardens, Sutton, SM2 5EQ, a leasehold flat which sold for £320,000 on the 22nd May 2024.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Gardens, Sutton, SM2 has a total of 76 addresses. According to our analysis of all the public data, Flat 4, Vumba House 2, Sutton is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in SM2.
The nearest school is Devonshire Primary School which is 406 metres away. The nearest train station is Sutton (London) which is 300 metres away.
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