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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, The Close, Mitcham is £447,470 and the estimated rental value is £2,230 per month.
The Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
8, The Close, Mitcham has 41 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated March 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, The Close, Mitcham is in very good condition we estimate a sale value of £469,843 and a rental value of £2,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £416,147 and a rental value of £2,074 per month.
Over the last 12 months the sale value of 8 The Close Mitcham has decreased by an estimated £15,112 (3.4%) and its rental value has increased by an estimated £36 per month (1.6%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 8, The Close, Mitcham sits on a plot of 220m2.
We have plot size data on 25 out of 25 other houses in the postcode and 8, The Close, Mitcham sits on the 13th largest plot.
8, The Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, The Close, Mitcham was last sold on 7th September 2023 for £520,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2023, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Close, Mitcham within a radius of 600 metres over the last 2 years.
The most recent example is 59, Denham Crescent, Mitcham, CR4 4LZ, a freehold house which sold for £495,000 on the 25th November 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Close, Mitcham, CR4 has a total of 25 addresses. According to our analysis of all the public data, 8, The Close, Mitcham is the 21st largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in CR4.
The nearest school is Cranmer Primary School which is 126 metres away. The nearest train station is Mitcham Junction which is 800 metres away.
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