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According to the public record, Flat 9, Scarlet House 17, Wallington is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, Scarlet House 17, Wallington is £413,479 and the estimated rental value is £1,969 per month.
The apartment is within Scarlet House, Thimble Crescent, Wallington, SM6.
Thimble Crescent, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 9, Scarlet House 17, Wallington has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Scarlet House 17, Wallington is in very good condition we estimate a sale value of £434,153 and a rental value of £2,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,536 and a rental value of £1,831 per month.
Over the last 12 months the sale value of Flat 9 Scarlet House 17 Wallington has decreased by an estimated £12,390 (3.0%) and its rental value has increased by an estimated £63 per month (3.2%), giving an expected gross yield of 5.7%.
Flat 9, Scarlet House 17, Wallington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Oct 2022.
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, Scarlet House 17, Wallington was last sold on 25th November 2022 for £452,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Scarlet House 17, Wallington within a radius of 440 metres over the last 2 years.
The most recent example is Flat 6, Scarlet House 17, Thimble Crescent, Wallington, SM6 7FR, a leasehold flat which sold for £452,995 on the 24th February 2023.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thimble Crescent, Wallington, SM6 has a total of 178 addresses. According to our analysis of all the public data, Flat 9, Scarlet House 17, Wallington is the 38th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £21k 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 200 metres away.
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