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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 116, Acacia Road, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 588 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Acacia Road, Mitcham is £202,821 and the estimated rental value is £1,315 per month.
Acacia Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
116, Acacia Road, Mitcham has a single entry in the Land Registry from January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 116, Acacia Road, Mitcham is in very good condition we estimate a sale value of £212,962 and a rental value of £1,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,623 and a rental value of £1,223 per month.
Over the last 12 months the sale value of 116 Acacia Road Mitcham has decreased by an estimated £3,983 (2.0%) and its rental value has increased by an estimated £47 per month (3.6%), giving an expected gross yield of 7.8%.
According to HM Land Registry, 116, Acacia Road, Mitcham was last sold on 12th January 2007 for £109,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 125.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Acacia Road, Mitcham within a radius of 470 metres over the last 2 years.
The most recent example is 33, Pains Close, Mitcham, CR4 1BY, a leasehold flat which sold for £210,000 on the 29th January 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Acacia Road, Mitcham, CR4 has a total of 116 addresses. According to our analysis of all the public data, 116, Acacia Road, Mitcham is the 57th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in CR4.
The nearest school is Lonesome Primary School which is 300 metres away. The nearest train station is Mitcham Eastfields which is 300 metres away.
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