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According to the public record, 2, Parchment Close, Mitcham is a modern freehold house with 1,065 ft2 of internal area and sits on a 99.8 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Parchment Close, Mitcham is £554,624 and the estimated rental value is £2,592 per month.
Parchment Close, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
2, Parchment Close, Mitcham has 2 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property 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, Parchment Close, Mitcham is in very good condition we estimate a sale value of £582,355 and a rental value of £2,721 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,800 and a rental value of £2,410 per month.
Over the last 12 months the sale value of 2 Parchment Close Mitcham has decreased by an estimated £18,731 (3.4%) and its rental value has increased by an estimated £42 per month (1.6%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 2, Parchment Close, Mitcham sits on a plot of 100m2.
We have plot size data on 43 out of 43 other houses in the postcode and 2, Parchment Close, Mitcham sits on the 33rd largest plot.
2, Parchment Close, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Parchment Close, Mitcham was last sold on 10th February 2023 for £530,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2023, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Parchment Close, Mitcham within a radius of 540 metres over the last 2 years.
The most recent example is 4, Parchment Close, Mitcham, CR4 4FN, a freehold house which sold for £510,000 on the 13th July 2018.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parchment Close, Mitcham, CR4 has a total of 47 addresses. According to our analysis of all the public data, 2, Parchment Close, Mitcham is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £161k more expensive than the average property in CR4.
The nearest school is Culvers House Primary School which is 472 metres away. The nearest train station is Mitcham Junction which is 900 metres away.
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