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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 35, Summerhill Way, Mitcham is £301,451 and the estimated rental value is £1,751 per month.
Summerhill Way, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
35, Summerhill Way, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated November 2010.
We combine this information with public data 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 35, Summerhill Way, Mitcham is in very good condition we estimate a sale value of £316,524 and a rental value of £1,838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,349 and a rental value of £1,628 per month.
Over the last 12 months the sale value of 35 Summerhill Way Mitcham has decreased by an estimated £5,920 (2.0%) and its rental value has increased by an estimated £63 per month (3.6%), giving an expected gross yield of 7%.
35, Summerhill Way, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Nov 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Summerhill Way, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is Flat 17, Longlands Court 2, Spring Grove, Mitcham, CR4 2NQ, a leasehold flat which sold for £275,000 on the 29th September 2023.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summerhill Way, Mitcham, CR4 has a total of 43 addresses. According to our analysis of all the public data, 35, Summerhill Way, Mitcham is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in CR4.
The nearest school is Gorringe Park Primary School which is 100 metres away. The nearest train station is Mitcham Eastfields which is 400 metres away.
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