124, Acacia Road
124, Acacia Road
Description & Estimates
124, Acacia Road, Mitcham is described in the public record as a mid-century apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 124, Acacia Road, Mitcham is £188,398 and its rental estimate is £1,225 per month, given the available information and assuming reasonable condition.
Acacia Road, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
124, Acacia Road, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated December 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 124, Acacia Road, Mitcham, we estimate a market value of £197,818 and a rental value of £1,286 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £175,211 and £1,139 per month respectively.
Recent Market Change
Over the last year, 124, Acacia Road, Mitcham has seen its estimated sale value move down by £3,700 (2.0%) and its estimated rental value increase by £44 per month (3.6%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
124, Acacia Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 124, Acacia Road, Mitcham have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th January 2024, was 33, Pains Close, Mitcham, CR4 1BY, a leasehold flat which sold for £210,000.
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 116 addresses on Acacia Road, Mitcham, CR4, 124, Acacia Road, Mitcham comes out as the 82nd largest and the 108th most expensive in our analysis of the public data.
It is also £204k less expensive than the average property across the CR4 district.
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Schools Nearby
- 300mLonesome Primary School
- 700mBeecholme Primary School
- 700mSt Thomas of Canterbury Catholic Primary School
- 300mSt Mark's Church of England Academy
- 1.2kmHarris Academy Merton
- 1.8kmGraveney School
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Public Transport Nearby
From 124, Acacia Road, Mitcham, the nearest station is Mitcham Eastfields, 300 metres away.
- 300mMitcham Eastfields
- 1.6kmTooting
- 1.6kmStreatham Common
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
