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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, The Close, Mitcham is £593,828 and the estimated rental value is £2,772 per month.
The Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2, The Close, Mitcham has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated August 2016.
We combine this information with that 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.
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, The Close, Mitcham is in very good condition we estimate a sale value of £623,519 and a rental value of £2,911 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,260 and a rental value of £2,578 per month.
Over the last 12 months the sale value of 2 The Close Mitcham has decreased by an estimated £25,148 (4.2%) and its rental value has increased by an estimated £34 per month (1.2%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 2, The Close, Mitcham sits on a plot of 541m2.
We have plot size data on 25 out of 25 other houses in the postcode and 2, The Close, Mitcham sits on the largest plot.
2, The Close, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Aug 2016.
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, The Close, Mitcham was last sold on 23rd October 2017 for £530,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2017, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Close, Mitcham within a radius of 590 metres over the last 2 years.
The most recent example is 12, The Close, Mitcham, CR4 4LS, a freehold house which sold for £475,000 on the 18th March 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Close, Mitcham, CR4 has a total of 25 addresses. According to our analysis of all the public data, 2, The Close, Mitcham is the 8th largest and the most expensive property on the street.
When compared to the postcode district it is £200k more expensive than the average property in CR4.
The nearest school is Cranmer Primary School which is 126 metres away. The nearest train station is Mitcham Junction which is 800 metres away.
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