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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 166, Morden Road, Mitcham is £239,135 and the estimated rental value is £1,351 per month.
Morden Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
166, Morden Road, Mitcham has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 166, Morden Road, Mitcham is in very good condition we estimate a sale value of £251,091 and a rental value of £1,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,395 and a rental value of £1,256 per month.
Over the last 12 months the sale value of 166 Morden Road Mitcham has decreased by an estimated £1,824 (0.8%) and its rental value has increased by an estimated £65 per month (4.8%), giving an expected gross yield of 6.8%.
166, Morden Road, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Aug 2018.
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, 166, Morden Road, Mitcham was last sold on 18th November 1997 for £41,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 166, Morden Road, Mitcham within a radius of 560 metres over the last 2 years.
The most recent example is 43, Deer Park Gardens, Mitcham, CR4 4DZ, a leasehold flat which sold for £270,500 on the 30th August 2023.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morden Road, Mitcham, CR4 has a total of 153 addresses. According to our analysis of all the public data, 166, Morden Road, Mitcham is the 147th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in CR4.
The nearest school is Benedict Academy which is 400 metres away. The nearest train station is Morden which is 1.0 kilometres away.
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