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According to the public record, 24, Kennedy Close, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 696 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Kennedy Close, Mitcham is £299,607 and the estimated rental value is £1,751 per month.
Kennedy Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
24, Kennedy Close, Mitcham has 31 entries in the Land Registry , most recently in June 2008 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 2 out of 5 and is considered of medium 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 24, Kennedy Close, Mitcham is in very good condition we estimate a sale value of £314,588 and a rental value of £1,839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,635 and a rental value of £1,629 per month.
Over the last 12 months the sale value of 24 Kennedy Close Mitcham has decreased by an estimated £6,355 (2.1%) and its rental value has increased by an estimated £56 per month (3.2%), giving an expected gross yield of 7%.
According to HM Land Registry, 24, Kennedy Close, Mitcham was last sold on 27th June 2008 for £195,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2008, the market for similar properties has risen 47.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Kennedy Close, Mitcham within a radius of 380 metres over the last 2 years.
The most recent example is Flat 3, Churchill House 184, London Road, Mitcham, CR4 3SJ, a leasehold flat which sold for £240,000 on the 26th June 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kennedy Close, Mitcham, CR4 has a total of 24 addresses. According to our analysis of all the public data, 24, Kennedy Close, Mitcham is the 6th largest and the 13th 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 Gorringe Park Primary School which is 322 metres away. The nearest train station is Mitcham Eastfields which is 400 metres away.
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