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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
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According to the public record, 5, Morland Close, Mitcham is a modern freehold house with 645 ft2 of internal area and sits on a 109 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Morland Close, Mitcham is £393,524 and the estimated rental value is £1,896 per month.
Morland Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
5, Morland Close, Mitcham has 21 entries in the Land Registry , most recently in February 2007 and a single entry in the EPC database dated April 2017.
We combine this information with that 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.
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, Morland Close, Mitcham is in very good condition we estimate a sale value of £413,200 and a rental value of £1,991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,977 and a rental value of £1,764 per month.
Over the last 12 months the sale value of 5 Morland Close Mitcham has decreased by an estimated £12,965 (3.3%) and its rental value has increased by an estimated £44 per month (2.3%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 5, Morland Close, Mitcham sits on a plot of 109m2.
We have plot size data on 29 out of 35 other houses in the postcode and 5, Morland Close, Mitcham sits on the 11th largest plot.
5, Morland Close, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Morland Close, Mitcham was last sold on 1st February 2007 for £153,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2007, the market for similar properties has risen 102.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Morland Close, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 31, Morland Close, Mitcham, CR4 3JT, a freehold house which sold for £400,000 on the 5th October 2021.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morland Close, Mitcham, CR4 has a total of 35 addresses. According to our analysis of all the public data, 5, Morland Close, Mitcham is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £170 more expensive than the average property in CR4.
The nearest school is Benedict Academy which is 355 metres away. The nearest train station is Mitcham Eastfields which is 1.3 kilometres away.
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