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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Malvern Close, Mitcham is £488,273 and the estimated rental value is £2,656 per month.
Malvern Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2, Malvern Close, Mitcham has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Malvern Close, Mitcham is in very good condition we estimate a sale value of £512,686 and a rental value of £2,789 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,094 and a rental value of £2,470 per month.
Over the last 12 months the sale value of 2 Malvern Close Mitcham has decreased by an estimated £20,678 (4.2%) and its rental value has increased by an estimated £32 per month (1.2%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 2, Malvern Close, Mitcham sits on a plot of 164m2.
We have plot size data on 58 out of 63 other houses in the postcode and 2, Malvern Close, Mitcham sits on the 45th largest plot.
2, Malvern Close, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Malvern Close, Mitcham was last sold on 3rd December 2003 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Malvern Close, Mitcham within a radius of 490 metres over the last 2 years.
The most recent example is 1, Hoylake Gardens, Mitcham, CR4 1ET, a freehold house which sold for £535,000 on the 10th October 2022.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Close, Mitcham, CR4 has a total of 63 addresses. According to our analysis of all the public data, 2, Malvern Close, Mitcham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in CR4.
The nearest school is Harris Primary Academy Merton which is 459 metres away. The nearest train station is Mitcham Eastfields which is 1.0 kilometres away.
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