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Company No. 11113204
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According to the public record, Flat 9, Cord House 2, Wallington is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, Cord House 2, Wallington is £338,078 and the estimated rental value is £1,598 per month.
The apartment is within Cord House, Rayon Close, Wallington, SM6.
Rayon Close, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 9, Cord House 2, Wallington has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 9, Cord House 2, Wallington is in very good condition we estimate a sale value of £354,982 and a rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,413 and a rental value of £1,486 per month.
Over the last 12 months the sale value of Flat 9 Cord House 2 Wallington has decreased by an estimated £11,652 (3.4%) and its rental value has increased by an estimated £47 per month (3.0%), giving an expected gross yield of 5.7%.
Flat 9, Cord House 2, Wallington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2021.
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 9, Cord House 2, Wallington was last sold on 20th January 2022 for £391,495 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has dropped 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Cord House 2, Wallington within a radius of 430 metres over the last 2 years.
The most recent example is Flat 15, Cord House 2, Rayon Close, Wallington, SM6 7GA, a leasehold flat which sold for £394,995 on the 25th January 2022.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rayon Close, Wallington, SM6 has a total of 77 addresses. According to our analysis of all the public data, Flat 9, Cord House 2, Wallington is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £97k 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 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
