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According to the public record, 54, Mcrae Lane, Mitcham is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 54, Mcrae Lane, Mitcham is £256,593 and the estimated rental value is £1,588 per month.
Mcrae Lane, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
54, Mcrae Lane, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data 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 54, Mcrae Lane, Mitcham is in very good condition we estimate a sale value of £269,422 and a rental value of £1,667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,631 and a rental value of £1,477 per month.
Over the last 12 months the sale value of 54 Mcrae Lane Mitcham has decreased by an estimated £5,039 (2.0%) and its rental value has increased by an estimated £57 per month (3.6%), giving an expected gross yield of 7.4%.
54, Mcrae Lane, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Mcrae Lane, Mitcham within a radius of 430 metres over the last 2 years.
The most recent example is 207, Mullards Close, Mitcham, CR4 4FF, a leasehold flat which sold for £246,500 on the 1st October 2025.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mcrae Lane, Mitcham, CR4 has a total of 55 addresses. According to our analysis of all the public data, 54, Mcrae Lane, Mitcham is the 44th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in CR4.
The nearest school is Culvers House Primary School which is 600 metres away. The nearest train station is Hackbridge which is 1.1 kilometres away.
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