56, Oakmead Place
56, Oakmead Place
Description & Estimates
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.
Our Data Sources
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.
Price Range & Condition
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.
Recent Market Change
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%.
Energy Efficiency
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.
Sold Prices
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.
- Sold Feb 2024£245,000
- Sold Sep 2000£97,500
- Sold Oct 1997£57,500
Similar Properties Sold Nearby
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.
- Sold Apr 2025£277,500 | 1 Bed FlatHeron Court 18, Wilkins CloseFlat 4, Heron Court 18, Wilkins Close, Mitcham, CR4 3SA
- Sold Nov 2024£270,000 | 2 Bed FlatSearle Court 15, Appleton SquareFlat 11, Searle Court 15, Appleton Square, Mitcham, CR4 3SF
- Sold May 2024£263,750 | 2 Bed FlatSearle Court 15, Appleton SquareFlat 10, Searle Court 15, Appleton Square, Mitcham, CR4 3SF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
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.
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Schools Nearby
- 200mLiberty Primary
- 500mBond Primary School
- 800mSinglegate Primary School
- 1.1kmHarris Academy Wimbledon
- 1.3kmSt Mark's Church of England Academy
- 1.8kmGraveney School
More reading links
Public Transport Nearby
Colliers Wood station is the nearest stop to 56, Oakmead Place, Mitcham at 900 metres away.
- 900mColliers Wood
- 1.2kmTooting
- 1.3kmMitcham Eastfields
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
