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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Worthington Close, Mitcham is £298,149 and the estimated rental value is £1,806 per month.
Worthington Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2, Worthington Close, Mitcham has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2021.
We combine this information with public data 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, Worthington Close, Mitcham is in very good condition we estimate a sale value of £313,057 and a rental value of £1,896 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,279 and a rental value of £1,680 per month.
Over the last 12 months the sale value of 2 Worthington Close Mitcham has decreased by an estimated £5,856 (2.0%) and its rental value has increased by an estimated £65 per month (3.6%), giving an expected gross yield of 7.3%.
2, Worthington Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
According to HM Land Registry, 2, Worthington Close, Mitcham was last sold on 30th November 2001 for £115,500 and was recorded as a leasehold flat.
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, Worthington Close, Mitcham within a radius of 560 metres over the last 2 years.
The most recent example is Flat 27, Orchid Lodge, Talbot Close, Mitcham, CR4 1FD, a leasehold flat which sold for £270,000 on the 6th September 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Worthington Close, Mitcham, CR4 has a total of 33 addresses. According to our analysis of all the public data, 2, Worthington Close, Mitcham is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in CR4.
The nearest school is The Sherwood School which is 600 metres away. The nearest train station is Mitcham Eastfields which is 900 metres away.
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