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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 White Cottages, Lower Green West, Mitcham is £401,357 and the estimated rental value is £2,281 per month.
The apartment is within 2, Lower Green West, Mitcham, CR4.
Lower Green West, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2 White Cottages, Lower Green West, Mitcham has 91 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated August 2021.
We combine this information with that 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 2 White Cottages, Lower Green West, Mitcham is in very good condition we estimate a sale value of £421,425 and a rental value of £2,395 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,262 and a rental value of £2,121 per month.
Over the last 12 months the sale value of 2 White Cottages Lower Green West Mitcham has decreased by an estimated £12,678 (3.2%) and its rental value has increased by an estimated £68 per month (3.0%), giving an expected gross yield of 6.8%.
2 White Cottages, Lower Green West, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Aug 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 White Cottages, Lower Green West, Mitcham was last sold on 21st July 2022 for £500,000 and was recorded as a leasehold flat.
The property has had 9 sales since 1995.
Since July 2022, the market for similar properties has dropped 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 White Cottages, Lower Green West, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 2 Village Schoolhouse, Lower Green West, Mitcham, CR4 3AF, a leasehold flat which sold for £500,000 on the 21st July 2022.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Green West, Mitcham, CR4 has a total of 64 addresses. According to our analysis of all the public data, 2 White Cottages, Lower Green West, Mitcham is the 5th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in CR4.
The nearest school is St Peter and Paul Catholic Primary School which is 200 metres away. The nearest train station is Mitcham Junction which is 1.3 kilometres away.
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