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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
43, Park Avenue, Mitcham is described in the public record as a period apartment with 1,205 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 43, Park Avenue, Mitcham is £531,005 and its rental estimate is £2,818 per month, given the available information and assuming reasonable condition.
43, Park Avenue is a residential building on Park Avenue, Mitcham, CR4 and falls within the CR4 postal district and the borough of Merton.
43, Park Avenue, Mitcham has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 43, Park Avenue, Mitcham, we estimate a market value of £557,555 and a rental value of £2,959 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £493,835 and £2,621 per month respectively.
Over the last year, 43, Park Avenue, Mitcham has seen its estimated sale value decline by £16,373 (3.1%) and its estimated rental value climb by £90 per month (3.2%). This results in an estimated gross rental yield of 6.4%.
43, Park Avenue, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 43, Park Avenue, Mitcham completed on 7th September 2005 at £137,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Over the past 2 years 3 properties similar to 43, Park Avenue, Mitcham have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th July 2020, was 1B, Ridge Road, Mitcham, CR4 2ET, a leasehold flat which sold for £580,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 153 addresses on Park Avenue, Mitcham, CR4, 43, Park Avenue, Mitcham comes out as the 25th largest and the 32nd most expensive in our analysis of the public data.
It is also £139k more expensive than the average property across the CR4 district.
From 43, Park Avenue, Mitcham, the nearest station is Mitcham Eastfields, 900 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 43, Park Avenue, Mitcham, 44.1% of property is privately rented and 26.0% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 43, Park Avenue, Mitcham, 19.4% of residents are recorded as possessing school level qualifications and 36.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 43, Park Avenue, Mitcham, the average age was 38.1 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 43, Park Avenue, Mitcham, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 43, Park Avenue, Mitcham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
