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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 86, Melrose Avenue, Mitcham is £538,251 and the estimated rental value is £2,601 per month.
Melrose Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
86, Melrose Avenue, Mitcham has 2 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 86, Melrose Avenue, Mitcham is in very good condition we estimate a sale value of £565,163 and a rental value of £2,732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £500,573 and a rental value of £2,419 per month.
Over the last 12 months the sale value of 86 Melrose Avenue Mitcham has decreased by an estimated £16,207 (3.0%) and its rental value has increased by an estimated £81 per month (3.1%), giving an expected gross yield of 5.8%.
86, Melrose Avenue, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2020.
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, 86, Melrose Avenue, Mitcham was last sold on 27th November 2020 for £560,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2020, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Melrose Avenue, Mitcham within a radius of 440 metres over the last 2 years.
The most recent example is 93, Melrose Avenue, Mitcham, CR4 2ED, a freehold house which sold for £655,000 on the 4th November 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Avenue, Mitcham, CR4 has a total of 139 addresses. According to our analysis of all the public data, 86, Melrose Avenue, Mitcham is the 89th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £146k more expensive than the average property in CR4.
The nearest school is Beecholme Primary School which is 400 metres away. The nearest train station is Mitcham Eastfields which is 800 metres away.
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