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Property details for 2 Ridge Road, North Cheam, Sutton SM3 9LJ

Historic details available for this property Semi-detached house, Freehold, 3 Beds, 1 Bath, 2 Receps - Edit
Recently sold: £450,000 - Sold on: 9th Aug 2016

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £475,000
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  • Value change
    18,150 (4.0%) 39,600 (9.1%) 42,300 (9.8%) 87,450 (22.5%) 141,800 (42.5%) 169,250 (55.3%) 180,700 (61.3%)  
    from 
  • Rental value
    £1,500 pcm
  • Confidence level
    99.5
  • Value range
    £466,000 - £485,000
  • Rental range
    £1,350 - £1,650 pcm

Monthly running costs Beta

£1,293 Monthly total
Remortgage
Property value
Loan amount (60%) 285,000
Repayment term 25
Interest rate 0.5
Your payment £1,010 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £800,000 Contents value up to £40,000 Average insurance cost £10/mo (£122/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £69 Electricity £58 Estimated energy cost £127/mo (£1,519/yr)

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 19000 kWh/year
Electricity: 4400 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Sutton

Estimated tax band D Council tax cost £146 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Public info

Property type: Semi-detached house | Tenure: Freehold | Last sale: £450,000 | Sale date: 9th Aug 2016 - Previous sales
Property type: Semi-detached house | Tenure: Freehold | Previous sale: £280,000 | Sale date: 30th Nov 2012
Property type: Semi-detached house | Tenure: Freehold | Previous sale: £224,580 | Sale date: 5th Dec 2003
| Currently for sale

This 3 bed freehold semi-detached house is located at 2 Ridge Road, North Cheam, Sutton SM3 9LJ and has an estimated current value of £475,000. Ridge Road, SM3 has 247 houses and flats on it with a current average value of £450,580, compared to an an average property value of £476,806 for SM3. There have been 47 property sales on Ridge Road over the last 5 years with an average sold house price of £344,039 and this semi-detached house was last sold on 9th Aug 2016 for £450,000. There are currently 72 houses and flats to buy in SM3 with an average asking price of £485,917 and 51 properties to rent in SM3 with an average asking rent of £351 pw.

Property history

Property history Ridge Road, Sutton SM3

Previously listed for sale on 24th Feb 2016 for £450,000 Guide price

3 bed semi-detached house

Property history of 2 Ridge Road, North Cheam, Sutton SM3 9LJ

Guide price £450000 to £475000 .This immaculately presented property has been upgraded and maintained to a high standard. The property features double glazed windows with some bespoke shutters fitted. The front and rear lounge have beautifully fitted ...

See details for 2 Ridge Road, North Cheam, Sutton SM3 9LJ when it was last marketed:

Owner info

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Market activity
Average price paid £375,501 Sales 324 Current average value £476,806 (Zoopla Zed-Index) Value change £44,240 ▲ 10.23%

What is the current average value of properties in SM3?

The current average value in SM3 in December 2016 is £476,806. This has increased 3.51% from September 2016. Terraced properties sold for a current average value of £472,360 and semi-detached properties valued £542,374. In the past year property prices in SM3 have increased 10.23%. This is according to the current Zoopla estimates.

Property value data/graphs for SM3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £696,399 £531 3.5 £615,333
Semi-detached £542,374 £466 3.4 £477,346
Terraced £472,360 £498 3.1 £425,627
Flats £313,455 £482 2.0 £263,116

Current asking prices in SM3

Average: £478,692
Avg. current asking prices in SM3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £400,000
(1)
£473,841
(29)
£600,490
(20)
£577,500
(2)
Flats £281,650
(3)
£356,535
(13)
- - -
All £281,650
(3)
£359,639
(14)
£473,841
(29)
£600,490
(20)
£577,500
(2)

Current asking rents in SM3

Average: £1,244 pcm
Avg. current asking prices in SM3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £1,395 pcm
(1)
£1,550 pcm
(3)
£2,157 pcm
(3)
-
Flats £888 pcm
(10)
£1,206 pcm
(22)
£1,489 pcm
(4)
- -
All £888 pcm
(10)
£1,214 pcm
(23)
£1,515 pcm
(7)
£2,157 pcm
(3)
-

Fun facts for SM3

Highest value in SM3
Highest value streets Zed-Index
Anne Boleyns Walk £940,460
Queens Acre £845,248
Tudor Close £755,976
Wickham Avenue £724,287
Tabor Gardens £722,961
Highest turnover in SM3
Highest turnover streets Turnover
Park Road 60.0%
Jubilee Road 42.1%
Aldrich Gardens 38.5%
Forge Lane 37.5%
Ewell Road 33.3%

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Overall rating:

  • currently 4 stars
Very good - 81% (69 ratings)

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Local info for Sutton

About the neighbours in SM3

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