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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record lists 240, Heathfield Drive, Mitcham as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 479 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
240, Heathfield Drive, Mitcham has an estimated sale value of £271,582 and an estimated rental value of £1,527 per month, assuming reasonable condition and based on the information available.
Heathfield Drive, Mitcham, CR4 lies in the borough of Merton, within the CR4 postal district.
240, Heathfield Drive, Mitcham has 31 entries in the Land Registry , most recently in April 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 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 240, Heathfield Drive, Mitcham would be worth £285,161, with a potential rental value of £1,603 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £252,571, with a rental value of £1,420 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 240, Heathfield Drive, Mitcham has declined by £5,334 (2.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £55 (3.6%). The property's estimated gross yield is currently 6.7%.
240, Heathfield Drive, Mitcham last changed hands on 29th April 2008, selling for £150,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 50.4% since April 2008.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of 240, Heathfield Drive, Mitcham across the last 2 years.
Most recently, 270, Heathfield Drive, Mitcham, CR4 3RJ, a leasehold flat, sold at £270,000 on the 1st July 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 240, Heathfield Drive, Mitcham as the 105th largest and the 98th most expensive of the 196 addresses on Heathfield Drive, Mitcham, CR4.
Against the CR4 postcode district average, it is £121k less expensive than the typical property.
Colliers Wood station is the nearest stop to 240, Heathfield Drive, Mitcham at 700 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 240, Heathfield Drive, Mitcham, 77.1% of property is privately rented and 13.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 240, Heathfield Drive, Mitcham, 22.2% of residents are recorded as possessing school level qualifications and 43.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 240, Heathfield Drive, Mitcham, the average age was 35.3 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 240, Heathfield Drive, Mitcham, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 240, Heathfield Drive, Mitcham, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
