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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 65, Octavia Close, Mitcham is £355,247 and the estimated rental value is £1,999 per month.
Octavia Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
65, Octavia Close, Mitcham has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated March 2022.
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.
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 65, Octavia Close, Mitcham is in very good condition we estimate a sale value of £373,010 and a rental value of £2,098 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,380 and a rental value of £1,859 per month.
Over the last 12 months the sale value of 65 Octavia Close Mitcham has decreased by an estimated £15,044 (4.2%) and its rental value has increased by an estimated £24 per month (1.2%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 65, Octavia Close, Mitcham sits on a plot of 104m2.
We have plot size data on 24 out of 29 other houses in the postcode and 65, Octavia Close, Mitcham sits on the 6th largest plot.
65, Octavia Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 65, Octavia Close, Mitcham was last sold on 24th June 2022 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has risen 22.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 65, Octavia Close, Mitcham within a radius of 570 metres over the last 2 years.
The most recent example is 91, Rawnsley Avenue, Mitcham, CR4 4BX, a freehold house which sold for £340,000 on the 15th October 2021.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Octavia Close, Mitcham, CR4 has a total of 94 addresses. According to our analysis of all the public data, 65, Octavia Close, Mitcham is the 35th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in CR4.
The nearest school is Harris Academy Morden which is 570 metres away. The nearest train station is Mitcham Junction which is 1.3 kilometres away.
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