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47, Cheshire Close, Mitcham is described in the public record as a mid-century apartment with 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 47, Cheshire Close, Mitcham is £162,640 and its rental estimate is £1,058 per month, given the available information and assuming reasonable condition.
Cheshire Close, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
47, Cheshire Close, Mitcham has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 47, Cheshire Close, Mitcham, we estimate a market value of £170,772 and a rental value of £1,111 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £151,255 and £984 per month respectively.
Over the last year, 47, Cheshire Close, Mitcham has seen its estimated sale value decline by £3,194 (2.0%) and its estimated rental value climb by £38 per month (3.6%). This results in an estimated gross rental yield of 7.8%.
47, Cheshire Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2020.
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 47, Cheshire Close, Mitcham completed on 16th April 1999 at £32,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Over the past 2 years 3 properties similar to 47, Cheshire Close, Mitcham have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th November 2024, was 34, Brecon Close, Mitcham, CR4 1XA, a leasehold flat which sold for £185,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 48 addresses on Cheshire Close, Mitcham, CR4, 47, Cheshire Close, Mitcham comes out as the 37th largest and the 37th most expensive in our analysis of the public data.
It is also £230k less expensive than the average property across the CR4 district.
From 47, Cheshire Close, Mitcham, the nearest station is Norbury, 1.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 47, Cheshire Close, Mitcham, 35.7% of property is socially rented and 27.6% is privately rented.
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 47, Cheshire Close, Mitcham, 27.0% of residents are recorded as possessing school level qualifications and 35.3% 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 47, Cheshire Close, Mitcham, the average age was 36.3 and the most common age was 12.
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 47, Cheshire Close, Mitcham, 0.0% 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 47, Cheshire Close, 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.