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According to the public record, 5, Mitcham Park, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,002 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Mitcham Park, Mitcham is £321,944 and the estimated rental value is £2,134 per month.
Mitcham Park, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
5, Mitcham Park, Mitcham has 21 entries in the Land Registry , most recently in February 2010 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 4 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 5, Mitcham Park, Mitcham is in very good condition we estimate a sale value of £338,041 and a rental value of £2,240 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,408 and a rental value of £1,984 per month.
Over the last 12 months the sale value of 5 Mitcham Park Mitcham has decreased by an estimated £9,927 (3.1%) and its rental value has increased by an estimated £68 per month (3.2%), giving an expected gross yield of 8%.
According to HM Land Registry, 5, Mitcham Park, Mitcham was last sold on 26th February 2010 for £249,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2010, the market for similar properties has risen 75.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mitcham Park, Mitcham within a radius of 520 metres over the last 2 years.
The most recent example is 370-374, London Road, Mitcham, CR4 4EA, a leasehold flat which sold for £400,000 on the 1st November 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitcham Park, Mitcham, CR4 has a total of 202 addresses. According to our analysis of all the public data, 5, Mitcham Park, Mitcham is the 57th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in CR4.
The nearest school is St Peter and Paul Catholic Primary School which is 100 metres away. The nearest train station is Mitcham Junction which is 1.0 kilometres away.
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