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According to the public record, 2, Morland Close, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 779 ft2 of internal area and sits on a 70 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Morland Close, Mitcham is £442,550 and the estimated rental value is £2,158 per month.
Morland Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2, Morland Close, Mitcham has 31 entries in the Land Registry , most recently in January 2011 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 4 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, Morland Close, Mitcham is in very good condition we estimate a sale value of £464,678 and a rental value of £2,265 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,572 and a rental value of £2,007 per month.
Over the last 12 months the sale value of 2 Morland Close Mitcham has decreased by an estimated £14,946 (3.4%) and its rental value has increased by an estimated £35 per month (1.6%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 2, Morland Close, Mitcham sits on a plot of 70m2.
We have plot size data on 29 out of 35 other houses in the postcode and 2, Morland Close, Mitcham sits on the 27th largest plot.
According to HM Land Registry, 2, Morland Close, Mitcham was last sold on 10th January 2011 for £186,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2011, the market for similar properties has risen 119.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Morland Close, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is 1, Brickfield Road, Mitcham, CR4 3GN, a freehold house which sold for £430,000 on the 1st November 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morland Close, Mitcham, CR4 has a total of 35 addresses. According to our analysis of all the public data, 2, Morland Close, Mitcham is the 10th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in CR4.
The nearest school is Benedict Academy which is 355 metres away. The nearest train station is Mitcham Eastfields which is 1.3 kilometres away.
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