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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 35, Rialto Road, Mitcham is £291,597 and the estimated rental value is £1,707 per month.
Rialto Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
35, Rialto Road, Mitcham has 41 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated January 2021.
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 35, Rialto Road, Mitcham is in very good condition we estimate a sale value of £306,176 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 £271,185 and a rental value of £1,587 per month.
Over the last 12 months the sale value of 35 Rialto Road Mitcham has decreased by an estimated £7,543 (2.6%) and its rental value has increased by an estimated £59 per month (3.5%), giving an expected gross yield of 7%.
35, Rialto Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 35, Rialto Road, Mitcham was last sold on 30th September 2022 for £339,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since September 2022, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Rialto Road, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is 55, Rialto Road, Mitcham, CR4 2LT, a leasehold flat which sold for £344,000 on the 30th September 2022.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rialto Road, Mitcham, CR4 has a total of 52 addresses. According to our analysis of all the public data, 35, Rialto Road, Mitcham is the 44th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in CR4.
The nearest school is Lonesome Primary School which is 300 metres away. The nearest train station is Mitcham Eastfields which is 100 metres away.
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