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Sutton rents increased from GBP855 pcm in Q4 2011 to GBP1,169 in July 2017; a 36.7% rise
Due to excellent connectivity, Sutton is particularly well-placed to take advantage of the ripple effect from central London
GCSE results released by the Department for Education put Sutton as the fourth-highest performing area in the country
Sutton was voted one of the top five happiest places to live in London in 2016
Savills predicts that rents in London will rise by 24.5% over the next 5 years; higher than the expected 19% rise across the UK
The Royal Marsden Hospital is a major local employer - driving demand for rental stock and supporting values
RENTAL MARKET
Sutton has a higher percentage of owner-occupiers than the national average at 68% versus 63.4%, driving future liquidity for sales
While price growth in some parts of central London has decelerated recently, average property prices in Sutton grew by 15.48% in the 12 months to Q3 2016
AVERAGE HOUSE PRICES IN NEIGHBOURING AREAS:
59.9% total average property price growth in the five years to May 2017
House prices in the borough of Sutton are predicted to rise by an average 4.5% each year from 2016 to 2032
SALES MARKET
REAL ESTATE OUTLOOK
HACKBRIDGE GBP328,560
WALLINGTON GBP346,762
CARSHALTON GBP376,429
SUTTON TOWN CENTRE
GBP387,158
SOURCE: FOXTONS, JUNE 2017