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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Summerhill Way, Mitcham is £233,015 and the estimated rental value is £1,349 per month.
Summerhill Way, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
8, Summerhill Way, Mitcham has 21 entries in the Land Registry , most recently in January 2010 and a single entry in the EPC database dated October 2023.
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 8, Summerhill Way, Mitcham is in very good condition we estimate a sale value of £244,665 and a rental value of £1,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,704 and a rental value of £1,254 per month.
Over the last 12 months the sale value of 8 Summerhill Way Mitcham has decreased by an estimated £1,777 (0.8%) and its rental value has increased by an estimated £65 per month (4.8%), giving an expected gross yield of 6.9%.
8, Summerhill Way, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 8, Summerhill Way, Mitcham was last sold on 29th January 2010 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2010, the market for similar properties has risen 66.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Summerhill Way, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 4, Summerhill Way, Mitcham, CR4 2NJ, a leasehold flat which sold for £225,000 on the 3rd January 2025.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summerhill Way, Mitcham, CR4 has a total of 43 addresses. According to our analysis of all the public data, 8, Summerhill Way, Mitcham is the 31st largest and the 34th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in CR4.
The nearest school is Gorringe Park Primary School which is 100 metres away. The nearest train station is Mitcham Eastfields which is 300 metres away.
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