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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 81, New Road, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 639 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 81, New Road, Mitcham is £283,086 and the estimated rental value is £1,729 per month.
New Road, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
81, New Road, Mitcham has 31 entries in the Land Registry , most recently in April 2007 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 4 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 81, New Road, Mitcham is in very good condition we estimate a sale value of £297,240 and a rental value of £1,816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,270 and a rental value of £1,608 per month.
Over the last 12 months the sale value of 81 New Road Mitcham has decreased by an estimated £5,560 (2.0%) and its rental value has increased by an estimated £62 per month (3.6%), giving an expected gross yield of 7.3%.
According to HM Land Registry, 81, New Road, Mitcham was last sold on 30th April 2007 for £155,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2007, the market for similar properties has risen 65.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 81, New Road, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 155, Mullards Close, Mitcham, CR4 4FF, a leasehold flat which sold for £325,000 on the 15th October 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Mitcham, CR4 has a total of 118 addresses. According to our analysis of all the public data, 81, New Road, Mitcham is the 53rd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in CR4.
The nearest school is Culvers House Primary School which is 300 metres away. The nearest train station is Hackbridge which is 800 metres away.
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