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According to the public record, 78, Wide Way, Mitcham is a mid-century leasehold apartment with 1,076 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 78, Wide Way, Mitcham is £369,288 and the estimated rental value is £2,306 per month.
Wide Way, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
78, Wide Way, Mitcham has 51 entries in the Land Registry , most recently in April 2019 and a single entry in the EPC database dated September 2018.
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 78, Wide Way, Mitcham is in very good condition we estimate a sale value of £387,753 and a rental value of £2,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,438 and a rental value of £2,144 per month.
Over the last 12 months the sale value of 78 Wide Way Mitcham has decreased by an estimated £11,665 (3.2%) and its rental value has increased by an estimated £69 per month (3.0%), giving an expected gross yield of 7.5%.
78, Wide Way, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Sep 2018.
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, 78, Wide Way, Mitcham was last sold on 25th April 2019 for £340,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since April 2019, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 78, Wide Way, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 92, Abbotts Road, Mitcham, CR4 1JW, a leasehold flat which sold for £377,500 on the 14th December 2015.
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, 78, Wide Way, Mitcham is the 5th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £23k 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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