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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Park Avenue, Mitcham is £433,767 and the estimated rental value is £2,462 per month.
Park Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
5, Park Avenue, Mitcham has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Park Avenue, Mitcham is in very good condition we estimate a sale value of £455,456 and a rental value of £2,586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,404 and a rental value of £2,290 per month.
Over the last 12 months the sale value of 5 Park Avenue Mitcham has decreased by an estimated £13,061 (3.0%) and its rental value has increased by an estimated £77 per month (3.1%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 5, Park Avenue, Mitcham sits on a plot of 152m2.
We have plot size data on 19 out of 20 other houses in the postcode and 5, Park Avenue, Mitcham sits on the largest plot.
5, Park Avenue, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2015.
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, Park Avenue, Mitcham was last sold on 15th December 2015 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Park Avenue, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is 76, Streatham Road, Mitcham, CR4 2AB, a freehold house which sold for £430,000 on the 26th April 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Mitcham, CR4 has a total of 153 addresses. According to our analysis of all the public data, 5, Park Avenue, Mitcham is the 83rd largest and the 96th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in CR4.
The nearest school is Beecholme Primary School which is 400 metres away. The nearest train station is Tooting which is 800 metres away.
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