Sutton

Area Guide For Sutton

Sutton is the principal town of the London Borough of Sutton in South West London. The surrounding area of Sutton offers landscapes of tranquil and serenity. Boasting some grand 1500 acres of parkland of relaxation, take a walk along the banks of the River Wandle for instance. Sutton provides accessible connections towards London, South Coast and Gatwick Airport.

 
 

Sutton Map

Estimated Price: £395,060
Average Asking Price: £416,875
Price change in last one year: £47,814
Average Price Paid: £287,957
Average Rent Rates: £1,266

 
 

Property Prices Breakdown in Sutton

Average Price for property in Sutton is around £395,060 which varies based on type of property you are interested in and ranges from £840,899 for detached house to around £451,373 for semi-detached. Similarly terraced house is around £368,067 and a flat is worth £247,457. Values have been changing and have risen £5,049 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,617 in last 6 months, £47,814 in last 1 year, £71,906 in last 2 years, £80,814 in last 3 years, £82,090 in last 4 years and £77,884 in last 5 years.

Currently average asking price of a property in Sutton is around £416,875 based on approximately 1,317 properties for sale. Same is the case with rental options based on 215 properties up for rent, average asking rent is around £1,266 per month.

Estimated property value in Sutton is £395,060. Average asking price is £416,875 while average price paid is £320,692 which is up by £47,814 and Avg. asking rent £1,266.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Sutton area. In last 1 year alone average price buyer paid is around £320,692 based on approximately 1,317 sales in Sutton area alone. If you compare it to last 3 years sales of 3,880 properties where buyers paid around £297,917. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £287,957 for 6,185 and average amount paid for purchase of approx. 8,416 properties sold in last 7 years comes to about £282,019 per sale.

 
 

Properties For Sale in Sutton

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £155,033, £317,208 for a 2 bedroom house, £415,448 for a 3 bedroom house, £589,490 for a 4 bedroom house and £974,992 for a 5 bedroom house. For a flat similarly the prices varies from £191,395 for a single bedroom to £274,262 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £292,772 and £293,333 for a 4 bedroom flat. To sum up the asking prices for properties in Sutton it comes to around average £186,850 for 1 bedroom property, £281,695 for 2 bedroom, £400,324 for 3 bedroom, £562,567 for 4 bedroom and £974,992 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £644 for 1 bedroom to £1,355 for 2 bedrooms, £1,527 for 3 bedrooms, £1,885 for 4 bedrooms and £2,232 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £911. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,166 and £1,274 for 3 bedroom. You should be generally be expecting around average £884 rent per month for single bedroom property, £1,194 for 2 bedroom, £1,440 for 3 bedroom, £1,885 for 4 bedroom and approximately £2,232 for a 5 bedroom property in Sutton area.

Popular Houses in Sutton

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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