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According to the public record, 32, Parchment Close, Mitcham is a modern freehold house with 871 ft2 of internal area and sits on a 92.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Parchment Close, Mitcham is £495,442 and the estimated rental value is £2,324 per month.
Parchment Close, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
32, Parchment Close, Mitcham has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated March 2018.
We combine this information with that 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 32, Parchment Close, Mitcham is in very good condition we estimate a sale value of £520,214 and a rental value of £2,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,761 and a rental value of £2,161 per month.
Over the last 12 months the sale value of 32 Parchment Close Mitcham has decreased by an estimated £16,732 (3.4%) and its rental value has increased by an estimated £38 per month (1.6%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 32, Parchment Close, Mitcham sits on a plot of 92m2.
We have plot size data on 43 out of 43 other houses in the postcode and 32, Parchment Close, Mitcham sits on the 40th largest plot.
32, Parchment Close, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, Parchment Close, Mitcham was last sold on 4th April 2018 for £455,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2018, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Parchment Close, Mitcham within a radius of 500 metres over the last 2 years.
The most recent example is 31, Parchment Close, Mitcham, CR4 4FN, a freehold house which sold for £475,000 on the 24th June 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parchment Close, Mitcham, CR4 has a total of 47 addresses. According to our analysis of all the public data, 32, Parchment Close, Mitcham is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in CR4.
The nearest school is Culvers House Primary School which is 472 metres away. The nearest train station is Mitcham Junction which is 900 metres away.
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