5, Melrose Avenue
5, Melrose Avenue
Description & Estimates
5, Melrose Avenue, Mitcham is described in the public record as an early-century house with 1,054 ft2 of internal area, sitting on a 143 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Melrose Avenue, Mitcham is £532,704 and its rental estimate is £2,599 per month, given the available information and assuming reasonable condition.
Melrose Avenue, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
5, Melrose Avenue, Mitcham has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2018.
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.
Price Range & Condition
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 5, Melrose Avenue, Mitcham, we estimate a market value of £559,339 and a rental value of £2,729 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £495,414 and £2,417 per month respectively.
Recent Market Change
Over the last year, 5, Melrose Avenue, Mitcham has seen its estimated sale value move down by £16,040 (3.0%) and its estimated rental value increase by £81 per month (3.1%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 5, Melrose Avenue, Mitcham as measuring 143 m2.
That makes it the 28th largest plot in the postcode, where 35 of the 36 other houses have recorded plot data.
Energy Efficiency
5, Melrose Avenue, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Melrose Avenue, Mitcham completed on 5th November 2002 at £196,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Nov 2002£196,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Melrose Avenue, Mitcham have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 21, Garden Avenue, Mitcham, CR4 2EE, a freehold house which sold for £555,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 139 addresses on Melrose Avenue, Mitcham, CR4, 5, Melrose Avenue, Mitcham comes out as the 96th largest and the 76th most expensive in our analysis of the public data.
It is also £140k more expensive than the average property across the CR4 district.
More reading links
Schools Nearby
- 300mBeecholme Primary School
- 500mGorringe Park Primary School
- 600mLinks Primary School
- 800mGraveney School
- 1.1kmSt Mark's Church of England Academy
- 1.9kmHarris Academy Merton
More reading links
Public Transport Nearby
From 5, Melrose Avenue, Mitcham, the nearest station is Mitcham Eastfields, 800 metres away.
- 800mMitcham Eastfields
- 800mTooting
- 1.1kmStreatham Common
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
