117, Firs Close
117, Firs Close
Description & Estimates
117, Firs Close, Mitcham is recorded publicly as a modern leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 117, Firs Close, Mitcham is £231,817 and its rental estimate is £1,479 per month, given the available information and assuming reasonable condition.
Firs Close, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
117, Firs Close, Mitcham has 41 entries in the Land Registry , most recently in December 2013 and a single entry in the EPC database dated June 2013.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 117, Firs Close, Mitcham, we estimate a market value of £243,408 and a rental value of £1,553 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £215,590 and £1,376 per month respectively.
Recent Market Change
Over the last year, 117, Firs Close, Mitcham has seen its estimated sale value decrease by £4,553 (2.0%) and its estimated rental value grow by £53 per month (3.6%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
117, Firs Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 117, Firs Close, Mitcham completed on 11th December 2013 at £144,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 66.0% over the period since December 2013.
- Sold Dec 2013£144,950
- Sold Jun 2006£130,000
- Sold Dec 1999£59,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 117, Firs Close, Mitcham have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2024, was 43, Firs Close, Mitcham, CR4 1AX, a leasehold flat which sold for £225,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 97 addresses on Firs Close, Mitcham, CR4, 117, Firs Close, Mitcham comes out as the 47th largest and the 68th most expensive in our analysis of the public data.
It is also £160k less expensive than the average property across the CR4 district.
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Schools Nearby
- 200mLonesome Primary School
- 400mBeecholme Primary School
- 400mGorringe Park Primary School
- 400mSt Mark's Church of England Academy
- 1.5kmGraveney School
- 1.5kmHarris Academy Merton
More reading links
Public Transport Nearby
From 117, Firs Close, Mitcham, the nearest station is Mitcham Eastfields, 200 metres away.
- 200mMitcham Eastfields
- 1.3kmTooting
- 1.5kmStreatham Common
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
