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According to the public record, 70, Octavia Close, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,034 ft2 of internal area and sits on a 98.4 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 70, Octavia Close, Mitcham is £341,996 and the estimated rental value is £1,892 per month.
Octavia Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
70, Octavia Close, Mitcham has a single entry in the Land Registry from May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 70, Octavia Close, Mitcham is in very good condition we estimate a sale value of £359,096 and a rental value of £1,986 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,056 and a rental value of £1,759 per month.
Over the last 12 months the sale value of 70 Octavia Close Mitcham has decreased by an estimated £11,550 (3.4%) and its rental value has increased by an estimated £31 per month (1.6%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 70, Octavia Close, Mitcham sits on a plot of 98m2.
We have plot size data on 24 out of 29 other houses in the postcode and 70, Octavia Close, Mitcham sits on the 13th largest plot.
According to HM Land Registry, 70, Octavia Close, Mitcham was last sold on 1st May 2008 for £212,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 90.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Octavia Close, Mitcham within a radius of 570 metres over the last 2 years.
The most recent example is 65, Octavia Close, Mitcham, CR4 4BZ, a freehold house which sold for £375,000 on the 24th June 2022.
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, 70, Octavia Close, Mitcham is the 43rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £51k 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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