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Apartments 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 53, Heaton Road, Mitcham is £540,255 and the estimated rental value is £2,828 per month.
The apartment is within 53, Heaton Road, Mitcham, CR4.
Heaton Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
53, Heaton Road, Mitcham has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated June 2022.
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 53, Heaton Road, Mitcham is in very good condition we estimate a sale value of £567,268 and a rental value of £2,970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,437 and a rental value of £2,630 per month.
Over the last 12 months the sale value of 53 Heaton Road Mitcham has decreased by an estimated £15,248 (2.8%) and its rental value has increased by an estimated £80 per month (2.8%), giving an expected gross yield of 6.3%.
53, Heaton Road, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2022.
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, 53, Heaton Road, Mitcham was last sold on 7th December 2022 for £589,750 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has dropped 25.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Heaton Road, Mitcham within a radius of 340 metres over the last 2 years.
The most recent example is 20, Heaton Road, Mitcham, CR4 2BU, a leasehold flat which sold for £520,000 on the 6th December 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heaton Road, Mitcham, CR4 has a total of 110 addresses. According to our analysis of all the public data, 53, Heaton Road, Mitcham is the 19th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £147k more expensive than the average property in CR4.
The nearest school is Links Primary School which is 349 metres away. The nearest train station is Tooting which is 200 metres away.
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