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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
According to the public record, 3, Pearce Close, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 601 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 3, Pearce Close, Mitcham is £326,779 and the estimated rental value is £1,698 per month.
Pearce Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
3, Pearce Close, Mitcham has 21 entries in the Land Registry , most recently in September 2009 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 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 3, Pearce Close, Mitcham is in very good condition we estimate a sale value of £343,118 and a rental value of £1,783 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,904 and a rental value of £1,579 per month.
Over the last 12 months the sale value of 3 Pearce Close Mitcham has decreased by an estimated £6,932 (2.1%) and its rental value has increased by an estimated £55 per month (3.2%), giving an expected gross yield of 6.2%.
According to HM Land Registry, 3, Pearce Close, Mitcham was last sold on 1st September 2009 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2009, the market for similar properties has risen 75.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Pearce Close, Mitcham within a radius of 370 metres over the last 2 years.
The most recent example is 5, Summerhill Way, Mitcham, CR4 2NL, a leasehold flat which sold for £300,000 on the 29th November 2019.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pearce Close, Mitcham, CR4 has a total of 27 addresses. According to our analysis of all the public data, 3, Pearce Close, Mitcham is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in CR4.
The nearest school is Gorringe Park Primary School which is 346 metres away. The nearest train station is Mitcham Eastfields which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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