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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 4, Shropshire Close, Mitcham is a mid-century leasehold apartment with 419 ft2 of internal area.
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, Shropshire Close, Mitcham is £164,648 and the estimated rental value is £1,043 per month.
Shropshire Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
4, Shropshire Close, Mitcham has a single entry in the Land Registry from January 2016 and a single entry in the EPC database dated August 2015.
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 4, Shropshire Close, Mitcham is in very good condition we estimate a sale value of £172,880 and a rental value of £1,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,122 and a rental value of £970 per month.
Over the last 12 months the sale value of 4 Shropshire Close Mitcham has decreased by an estimated £1,256 (0.8%) and its rental value has increased by an estimated £50 per month (4.8%), giving an expected gross yield of 7.6%.
4, Shropshire Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2015.
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, 4, Shropshire Close, Mitcham was last sold on 8th January 2016 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2016, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Shropshire Close, Mitcham within a radius of 460 metres over the last 2 years.
The most recent example is Flat 17, Hillview, South Lodge Avenue, Mitcham, CR4 1LW, a leasehold flat which sold for £215,000 on the 17th August 2021.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shropshire Close, Mitcham, CR4 has a total of 94 addresses. According to our analysis of all the public data, 4, Shropshire Close, Mitcham is the 94th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in CR4.
The nearest school is Gonville Academy which is 400 metres away. The nearest train station is Norbury which is 1.6 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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