54, Park Avenue
54, Park Avenue
Description & Estimates
54, Park Avenue, Mitcham is recorded publicly as a period freehold house across 1,140 ft2 of internal area, sitting on a 161 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 54, Park Avenue, Mitcham is £471,128 and its rental estimate is £2,703 per month, given the available information and assuming reasonable condition.
Park Avenue, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
54, Park Avenue, Mitcham has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 54, Park Avenue, Mitcham, we estimate a market value of £494,684 and a rental value of £2,838 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £438,149 and £2,514 per month respectively.
Recent Market Change
Over the last year, 54, Park Avenue, Mitcham has seen its estimated sale value decrease by £18,492 (3.9%) and its estimated rental value grow by £62 per month (2.3%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 54, Park Avenue, Mitcham as measuring 161 m2.
That makes it the 10th largest plot in the postcode, where all 18 other houses have recorded plot data.
Energy Efficiency
54, Park Avenue, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Sep 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 54, Park Avenue, Mitcham completed on 2nd December 2019 at £460,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 9.6% over the period since December 2019.
- Sold Dec 2019£460,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, Park Avenue, Mitcham have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2024, was 103, Caithness Road, Mitcham, CR4 2EZ, a freehold house which sold for £633,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 153 addresses on Park Avenue, Mitcham, CR4, 54, Park Avenue, Mitcham comes out as the 54th largest and the 75th most expensive in our analysis of the public data.
It is also £79k more expensive than the average property across the CR4 district.
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Schools Nearby
- 400mBeecholme Primary School
- 500mGranton Primary School
- 600mLinks Primary School
- 800mGraveney School
- 1.1kmSt Mark's Church of England Academy
- 1.9kmHarris Academy Merton
More reading links
Public Transport Nearby
From 54, Park Avenue, Mitcham, the nearest station is Mitcham Eastfields, 900 metres away.
- 900mMitcham Eastfields
- 900mTooting
- 900mStreatham Common
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
