2, Bank Avenue
2, Bank Avenue
Description & Estimates
Public records show 2, Bank Avenue, Mitcham to be a modern leasehold apartment with 753 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
2, Bank Avenue, Mitcham has an estimated sale value of £360,268 and an estimated rental value of £2,025 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Bank Avenue, Mitcham, CR4.
Bank Avenue, Mitcham, CR4 lies in the borough of Merton, within the CR4 postal district.
Our Data Sources
2, Bank Avenue, Mitcham has 21 entries in the Land Registry , most recently in February 2025 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Bank Avenue, Mitcham would be worth £378,281, with a potential rental value of £2,126 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £335,049, with a rental value of £1,883 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Bank Avenue, Mitcham has fallen by £11,380 (3.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £60 (3.0%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
2, Bank Avenue, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
2, Bank Avenue, Mitcham last changed hands on 4th February 2025, selling for £400,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 11.6% since February 2025.
- Sold Feb 2025£400,000
- Sold Sep 1995£35,002
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of 2, Bank Avenue, Mitcham across the last 2 years.
Most recently, 34, Lewis Road, Mitcham, CR4 3DE, a leasehold flat, sold at £435,000 on the 21st February 2025.
Read more about house prices in CR4.
- Sold Feb 2025£435,000 | 2 Bed Flat34, Lewis Road, Mitcham, CR4 3DE34, Lewis Road, Mitcham, CR4 3DE
- Sold Feb 2025£330,000 | 2 Bed Flat2A, Bank Avenue, Mitcham, CR4 3DU2A, Bank Avenue, Mitcham, CR4 3DU
- Sold Oct 2022£390,000 | 2 Bed Flat12, Sheldrick Close, London, SW19 2UG12, Sheldrick Close, London, SW19 2UG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Bank Avenue, Mitcham as the 53rd largest and the 54th most expensive of the 56 addresses on Bank Avenue, Mitcham, CR4.
Against the CR4 postcode district average, it is £32k less expensive than the typical property.
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Schools Nearby
- 300mHaslemere Primary School
- 500mBenedict Academy
- 500mLiberty Primary
- 1.1kmHarris Academy Wimbledon
- 1.5kmSt Mark's Church of England Academy
- 1.7kmHarris Academy Morden
More reading links
Public Transport Nearby
Colliers Wood station is the nearest stop to 2, Bank Avenue, Mitcham at 1.3 kilometres away.
- 1.3kmColliers Wood
- 1.4kmMorden
- 1.5kmSouth Wimbledon
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
