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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Pearce Close, Mitcham is £269,759 and the estimated rental value is £1,368 per month.
Pearce Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
4, Pearce Close, Mitcham has 41 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property 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 4, Pearce Close, Mitcham is in very good condition we estimate a sale value of £283,246 and a rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,875 and a rental value of £1,272 per month.
Over the last 12 months the sale value of 4 Pearce Close Mitcham has decreased by an estimated £2,647 (1.0%) and its rental value has increased by an estimated £61 per month (4.4%), giving an expected gross yield of 6.1%.
4, Pearce Close, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 4, Pearce Close, Mitcham was last sold on 6th March 2019 for £266,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2019, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Pearce Close, Mitcham within a radius of 370 metres over the last 2 years.
The most recent example is 4, Summerhill Way, Mitcham, CR4 2NJ, a leasehold flat which sold for £225,000 on the 3rd January 2025.
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, 4, Pearce Close, Mitcham is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £124k 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.
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