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By comparing it to neighbours, we estimate that it is a early-century apartment with 579 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Eldertree Way, Mitcham is £318,147 and the estimated rental value is £1,666 per month.
Eldertree Way, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
42, Eldertree Way, Mitcham has 2 entries in the Land Registry , most recently in October 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 42, Eldertree Way, Mitcham is in very good condition we estimate a sale value of £334,054 and a rental value of £1,749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,876 and a rental value of £1,549 per month.
Over the last 12 months the sale value of 42 Eldertree Way Mitcham has decreased by an estimated £8,283 (2.6%) and its rental value has increased by an estimated £55 per month (3.3%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 42, Eldertree Way, Mitcham was last sold on 1st October 2015 for £241,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2015, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Eldertree Way, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 84, Woodstock Way, Mitcham, CR4 1BB, a leasehold flat which sold for £350,000 on the 22nd November 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eldertree Way, Mitcham, CR4 has a total of 52 addresses. According to our analysis of all the public data, 42, Eldertree Way, Mitcham is the 48th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in CR4.
The nearest school is Lonesome Primary School which is 262 metres away. The nearest train station is Mitcham Eastfields which is 600 metres away.
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