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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
According to the public record, Flat 8, Alexander House 50, Sutton is a modern leasehold apartment with 344 ft2 of internal area.
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 8, Alexander House 50, Sutton is £188,530 and the estimated rental value is £1,113 per month.
The apartment is within Alexander House, Cavendish Road, Sutton, SM2.
Cavendish Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 8, Alexander House 50, Sutton has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated January 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 8, Alexander House 50, Sutton is in very good condition we estimate a sale value of £197,956 and a rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,332 and a rental value of £1,035 per month.
Over the last 12 months the sale value of Flat 8 Alexander House 50 Sutton has decreased by an estimated £2,210 (1.2%) and its rental value has increased by an estimated £42 per month (3.8%), giving an expected gross yield of 7.1%.
Flat 8, Alexander House 50, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 8, Alexander House 50, Sutton was last sold on 31st October 2022 for £200,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2022, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Alexander House 50, Sutton within a radius of 320 metres over the last 2 years.
The most recent example is Flat 10, Alexander House 50, Cavendish Road, Sutton, SM2 5ER, a leasehold flat which sold for £187,000 on the 12th October 2023.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Road, Sutton, SM2 has a total of 361 addresses. According to our analysis of all the public data, Flat 8, Alexander House 50, Sutton is the 312th largest and the 312th most expensive property on the street.
When compared to the postcode district it is £366k less expensive than the average property in SM2.
The nearest school is Devonshire Primary School which is 200 metres away. The nearest train station is Sutton (London) which is 400 metres away.
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