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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 6, Bute House 107, Sutton is a period leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 6, Bute House 107, Sutton is £218,098 and the estimated rental value is £1,273 per month.
The apartment is within Bute House, Brighton Road, Sutton, SM2.
Brighton Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 6, Bute House 107, Sutton has 41 entries in the Land Registry , most recently in June 2021 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 6, Bute House 107, Sutton is in very good condition we estimate a sale value of £229,003 and a rental value of £1,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,831 and a rental value of £1,184 per month.
Over the last 12 months the sale value of Flat 6 Bute House 107 Sutton has decreased by an estimated £1,644 (0.8%) and its rental value has increased by an estimated £50 per month (4.0%), giving an expected gross yield of 7%.
Flat 6, Bute House 107, Sutton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 01 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 6, Bute House 107, Sutton was last sold on 29th June 2021 for £173,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2021, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Bute House 107, Sutton within a radius of 410 metres over the last 2 years.
The most recent example is Flat 3, Bute House 107, Brighton Road, Sutton, SM2 5SL, a leasehold flat which sold for £230,000 on the 5th September 2023.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brighton Road, Sutton, SM2 has a total of 556 addresses. According to our analysis of all the public data, Flat 6, Bute House 107, Sutton is the 490th largest and the 462nd most expensive property on the street.
When compared to the postcode district it is £337k less expensive than the average property in SM2.
The nearest school is Devonshire Primary School which is 300 metres away. The nearest train station is Sutton (London) which is 900 metres away.
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