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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Malvern Close, Mitcham is £392,314 and the estimated rental value is £2,113 per month.
Malvern Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
16, Malvern Close, Mitcham has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated February 2020.
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 16, Malvern Close, Mitcham is in very good condition we estimate a sale value of £411,929 and a rental value of £2,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,852 and a rental value of £1,965 per month.
Over the last 12 months the sale value of 16 Malvern Close Mitcham has decreased by an estimated £13,249 (3.4%) and its rental value has increased by an estimated £35 per month (1.6%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 16, Malvern Close, Mitcham sits on a plot of 220m2.
We have plot size data on 58 out of 63 other houses in the postcode and 16, Malvern Close, Mitcham sits on the 25th largest plot.
16, Malvern Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Malvern Close, Mitcham was last sold on 26th May 2020 for £342,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Malvern Close, Mitcham within a radius of 480 metres over the last 2 years.
The most recent example is 36, Malvern Close, Mitcham, CR4 1EH, a freehold house which sold for £452,000 on the 16th December 2022.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Close, Mitcham, CR4 has a total of 63 addresses. According to our analysis of all the public data, 16, Malvern Close, Mitcham is the 58th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £1k less expensive than the average property in CR4.
The nearest school is Harris Primary Academy Merton which is 459 metres away. The nearest train station is Mitcham Eastfields which is 1.0 kilometres away.
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