2 Lea Cottages, Mitcham
2 Lea Cottages, Mitcham
Description & Estimates
According to the public record, 2 Lea Cottages, Mitcham is a mid-century apartment with 462 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 Lea Cottages, Mitcham is £154,474 and the estimated rental value is £1,006 per month.
The apartment is within Lea Cottages, Laburnum Road, Mitcham, CR4.
Laburnum Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Our Data Sources
2 Lea Cottages, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Lea Cottages, Mitcham is in very good condition we estimate a sale value of £162,198 and a rental value of £1,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,661 and a rental value of £935 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2 Lea Cottages, Mitcham has fallen by £3,034 (2.0%), while its estimated rental value has moved up by £36 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
2 Lea Cottages, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 400 metres of 2 Lea Cottages, Mitcham over the last 2 years.
The most recent example is Flat 1, Laburnum Court, Laburnum Road, Mitcham, CR4 2NA, a leasehold flat which sold for £290,000 on the 30th September 2022.
Read more about house prices in CR4.
- Sold Sep 2022£290,000 | 3 Bed FlatLaburnum Court, Laburnum RoadFlat 1, Laburnum Court, Laburnum Road, Mitcham, CR4 2NA
- Sold Mar 2022£230,000 | 2 Bed FlatLaburnum Court, Laburnum RoadFlat 39, Laburnum Court, Laburnum Road, Mitcham, CR4 2NA
- Sold Mar 2018£165,000 | 2 Bed FlatLaburnum Road4 Lea Cottages, Laburnum Road, Mitcham, CR4 2NT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Laburnum Road, Mitcham, CR4 has a total of 168 addresses. According to our analysis of all the public data, 2 Lea Cottages, Mitcham is the 163rd largest and the 167th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in CR4.
More reading links
Schools Nearby
- 300mSt Thomas of Canterbury Catholic Primary School
- 300mSt Mark's Primary School
- 600mLonesome Primary School
- 200mSt Mark's Church of England Academy
- 1.6kmHarris Academy Merton
- 1.8kmGraveney School
More reading links
Public Transport Nearby
The closest station to 2 Lea Cottages, Mitcham is Mitcham Eastfields station, which is 300 metres away.
- 300mMitcham Eastfields
- 1.5kmMitcham Junction
- 1.5kmTooting
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
