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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show 56, Oakmead Place, Mitcham to be a modern leasehold apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
56, Oakmead Place, Mitcham has an estimated sale value of £243,430 and an estimated rental value of £1,511 per month, assuming reasonable condition and based on the information available.
Oakmead Place, Mitcham, CR4 lies in the borough of Merton, within the CR4 postal district.
56, Oakmead Place, Mitcham has 31 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated April 2023.
We combine this information with that 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.
In very good condition, we estimate 56, Oakmead Place, Mitcham would be worth £255,601, with a potential rental value of £1,586 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £226,390, with a rental value of £1,405 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 56, Oakmead Place, Mitcham has dropped by £4,781 (2.0%) over the last year. During the same period, its estimated monthly rental value has risen by £54 (3.6%). The property's estimated gross yield is currently 7.4%.
56, Oakmead Place, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Apr 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
56, Oakmead Place, Mitcham last changed hands on 16th February 2024, selling for £245,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 2.1% since February 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of 56, Oakmead Place, Mitcham across the last 2 years.
Most recently, Flat 4, Heron Court 18, Wilkins Close, Mitcham, CR4 3SA, a leasehold flat, sold at £277,500 on the 29th April 2025.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 56, Oakmead Place, Mitcham as the 58th largest and the 58th most expensive of the 64 addresses on Oakmead Place, Mitcham, CR4.
Against the CR4 postcode district average, it is £149k less expensive than the typical property.
Colliers Wood station is the nearest stop to 56, Oakmead Place, Mitcham at 900 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 56, Oakmead Place, Mitcham, 37.3% of property is privately rented and 27.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 56, Oakmead Place, Mitcham, 20.2% of residents are recorded as possessing school level qualifications and 49.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 56, Oakmead Place, Mitcham, the average age was 35.3 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 56, Oakmead Place, Mitcham, 0.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 56, Oakmead Place, Mitcham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
