56, Melrose Avenue
56, Melrose Avenue
Description & Estimates
56, Melrose Avenue, Mitcham is described in the public record as an early-century house with 1,291 ft2 of internal area, sitting on a 168 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 56, Melrose Avenue, Mitcham is £564,066 and its rental estimate is £2,953 per month, given the available information and assuming reasonable condition.
Melrose Avenue, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
56, Melrose Avenue, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 56, Melrose Avenue, Mitcham, we estimate a market value of £592,270 and a rental value of £3,101 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £524,582 and £2,746 per month respectively.
Recent Market Change
Over the last year, 56, Melrose Avenue, Mitcham has seen its estimated sale value drop by £22,140 (3.9%) and its estimated rental value rise by £67 per month (2.3%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 56, Melrose Avenue, Mitcham as measuring 168 m2.
That makes it the 9th largest plot in the postcode, where 34 of the 35 other houses have recorded plot data.
Energy Efficiency
56, Melrose Avenue, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, Melrose Avenue, Mitcham have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2024, was 93, Melrose Avenue, Mitcham, CR4 2ED, a freehold house which sold for £655,000.
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 139 addresses on Melrose Avenue, Mitcham, CR4, 56, Melrose Avenue, Mitcham comes out as the 25th largest and the 42nd most expensive in our analysis of the public data.
It is also £172k more expensive than the average property across the CR4 district.
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Schools Nearby
- 300mBeecholme Primary School
- 500mLinks Primary School
- 600mGorringe Park Primary School
- 800mGraveney School
- 1.1kmSt Mark's Church of England Academy
- 2.0kmHarris Academy Merton
More reading links
Public Transport Nearby
From 56, Melrose Avenue, Mitcham, the nearest station is Tooting, 800 metres away.
- 800mTooting
- 900mMitcham Eastfields
- 1.1kmStreatham Common
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
