18, Melrose Avenue
18, Melrose Avenue
Description & Estimates
18, Melrose Avenue, Mitcham appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,008 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 18, Melrose Avenue, Mitcham is £489,181 and its rental estimate is £2,519 per month, given the available information and assuming reasonable condition.
Melrose Avenue, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
18, Melrose Avenue, Mitcham has a single entry in the Land Registry from November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 18, Melrose Avenue, Mitcham, we estimate a market value of £513,640 and a rental value of £2,645 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £454,939 and £2,342 per month respectively.
Recent Market Change
Over the last year, 18, Melrose Avenue, Mitcham has seen its estimated sale value fall by £14,729 (3.0%) and its estimated rental value move up by £78 per month (3.1%). This results in an estimated gross rental yield of 6.2%.
Sold Prices
The most recent sale of 18, Melrose Avenue, Mitcham completed on 12th November 2007 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 69.9% over the period since November 2007.
- Sold Nov 2007£280,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Melrose Avenue, Mitcham have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th January 2025, was 58A, Woodland Way, Mitcham, CR4 2DY, a freehold house which sold for £492,500.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 139 addresses on Melrose Avenue, Mitcham, CR4, 18, Melrose Avenue, Mitcham comes out as the 100th largest and the 98th most expensive in our analysis of the public data.
It is also £97k more expensive than the average property across the CR4 district.
More reading links
Schools Nearby
- 300mBeecholme Primary School
- 500mLinks Primary School
- 600mGorringe Park Primary School
- 800mGraveney School
- 1.1kmSt Mark's Church of England Academy
- 2.0kmHarris Academy Merton
More reading links
Public Transport Nearby
From 18, Melrose Avenue, Mitcham, the nearest station is Tooting, 800 metres away.
- 800mTooting
- 900mMitcham Eastfields
- 1.1kmStreatham 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.
