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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Eldertree Way, Mitcham is £300,520 and the estimated rental value is £1,706 per month.
Eldertree Way, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
31, Eldertree Way, Mitcham has 2 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 31, Eldertree Way, Mitcham is in very good condition we estimate a sale value of £315,546 and a rental value of £1,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,483 and a rental value of £1,587 per month.
Over the last 12 months the sale value of 31 Eldertree Way Mitcham has decreased by an estimated £7,824 (2.6%) and its rental value has increased by an estimated £56 per month (3.3%), giving an expected gross yield of 6.8%.
31, Eldertree Way, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 31, Eldertree Way, Mitcham was last sold on 31st October 2014 for £243,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2014, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Eldertree Way, Mitcham within a radius of 460 metres over the last 2 years.
The most recent example is 68, Woodstock Way, Mitcham, CR4 1BB, a leasehold flat which sold for £246,000 on the 27th February 2025.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eldertree Way, Mitcham, CR4 has a total of 52 addresses. According to our analysis of all the public data, 31, Eldertree Way, Mitcham is the 35th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in CR4.
The nearest school is Lonesome Primary School which is 295 metres away. The nearest train station is Mitcham Eastfields which is 600 metres away.
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