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According to the public record, Flat 6, 85, Mulgrave Road, Sutton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 800 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 6, 85, Mulgrave Road, Sutton is £308,201 and the estimated rental value is £1,708 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 6, 85, Mulgrave Road, Sutton has 51 entries in the Land Registry , most recently in September 2016 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 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 6, 85, Mulgrave Road, Sutton is in very good condition we estimate a sale value of £323,611 and a rental value of £1,794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,627 and a rental value of £1,589 per month.
Over the last 12 months the sale value of Flat 6 85 Mulgrave Road Sutton has decreased by an estimated £6,165 (2.0%) and its rental value has increased by an estimated £59 per month (3.5%), giving an expected gross yield of 6.7%.
According to HM Land Registry, Flat 6, 85, Mulgrave Road, Sutton was last sold on 7th September 2016 for £330,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since September 2016, the market for similar properties has dropped 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 85, Mulgrave Road, Sutton within a radius of 400 metres over the last 2 years.
The most recent example is Flat 1, Balmoral Court 16, Overton Road, Sutton, SM2 6QF, a leasehold flat which sold for £360,000 on the 11th October 2024.
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 6, 85, Mulgrave Road, Sutton is the 90th largest and the 187th most expensive property on the street.
When compared to the postcode district it is £242k 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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