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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
According to the public record, 12, Fairfield Close, Mitcham is a modern leasehold apartment with 613 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 12, Fairfield Close, Mitcham is £310,926 and the estimated rental value is £1,742 per month.
Fairfield Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
12, Fairfield Close, Mitcham has 51 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 12, Fairfield Close, Mitcham is in very good condition we estimate a sale value of £326,473 and a rental value of £1,829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,161 and a rental value of £1,620 per month.
Over the last 12 months the sale value of 12 Fairfield Close Mitcham has decreased by an estimated £6,107 (2.0%) and its rental value has increased by an estimated £62 per month (3.6%), giving an expected gross yield of 6.7%.
12, Fairfield Close, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 12, Fairfield Close, Mitcham was last sold on 30th September 2022 for £360,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since September 2022, the market for similar properties has dropped 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Fairfield Close, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 18, Fairfield Close, Mitcham, CR4 3RE, a leasehold flat which sold for £335,000 on the 8th July 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfield Close, Mitcham, CR4 has a total of 81 addresses. According to our analysis of all the public data, 12, Fairfield Close, Mitcham is the 46th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in CR4.
The nearest school is Singlegate Primary School which is 400 metres away. The nearest train station is Colliers Wood which is 500 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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