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By comparing it to neighbours, we estimate that it is a mid-century apartment with 618 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Dennis Reeve Close, Mitcham is £288,427 and the estimated rental value is £1,671 per month.
Dennis Reeve Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2, Dennis Reeve Close, Mitcham has 21 entries in the Land Registry , most recently in January 2008 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 1 out of 5 and is considered of low 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 2, Dennis Reeve Close, Mitcham is in very good condition we estimate a sale value of £302,848 and a rental value of £1,754 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,237 and a rental value of £1,554 per month.
Over the last 12 months the sale value of 2 Dennis Reeve Close Mitcham has decreased by an estimated £6,118 (2.1%) and its rental value has increased by an estimated £54 per month (3.2%), giving an expected gross yield of 7%.
According to HM Land Registry, 2, Dennis Reeve Close, Mitcham was last sold on 2nd January 2008 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2008, the market for similar properties has risen 39.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Dennis Reeve Close, Mitcham within a radius of 480 metres over the last 2 years.
The most recent example is Flat 3, Churchill House 184, London Road, Mitcham, CR4 3SJ, a leasehold flat which sold for £240,000 on the 26th June 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dennis Reeve Close, Mitcham, CR4 has a total of 22 addresses. According to our analysis of all the public data, 2, Dennis Reeve Close, Mitcham is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in CR4.
The nearest school is Gorringe Park Primary School which is 434 metres away. The nearest train station is Tooting which is 700 metres away.
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