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According to the public record, 60, Wide Way, Mitcham is a early-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 60, Wide Way, Mitcham is £298,262 and the estimated rental value is £1,813 per month.
Wide Way, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
60, Wide Way, Mitcham has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated February 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 60, Wide Way, Mitcham is in very good condition we estimate a sale value of £313,175 and a rental value of £1,904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,384 and a rental value of £1,686 per month.
Over the last 12 months the sale value of 60 Wide Way Mitcham has decreased by an estimated £7,715 (2.6%) and its rental value has increased by an estimated £63 per month (3.5%), giving an expected gross yield of 7.3%.
60, Wide Way, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 60, Wide Way, Mitcham was last sold on 27th October 2021 for £270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2021, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Wide Way, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 18, Wide Way, Mitcham, CR4 1BD, a leasehold flat which sold for £320,000 on the 22nd September 2023.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wide Way, Mitcham, CR4 has a total of 126 addresses. According to our analysis of all the public data, 60, Wide Way, Mitcham is the 33rd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in CR4.
The nearest school is Harris Primary Academy Merton which is 0 metres away. The nearest train station is Norbury which is 1.4 kilometres away.
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