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Apartments 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 372A, Grove Road, Mitcham is £249,722 and the estimated rental value is £1,663 per month.
Grove Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
372A, Grove Road, Mitcham has 21 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 372A, Grove Road, Mitcham is in very good condition we estimate a sale value of £262,208 and a rental value of £1,746 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,241 and a rental value of £1,547 per month.
Over the last 12 months the sale value of 372A Grove Road Mitcham has decreased by an estimated £7,700 (3.1%) and its rental value has increased by an estimated £53 per month (3.2%), giving an expected gross yield of 8%.
372A, Grove Road, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Mar 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, 372A, Grove Road, Mitcham was last sold on 12th October 2020 for £249,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 372A, Grove Road, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 59, Woodstock Way, Mitcham, CR4 1BF, a leasehold flat which sold for £320,000 on the 17th September 2021.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Road, Mitcham, CR4 has a total of 267 addresses. According to our analysis of all the public data, 372A, Grove Road, Mitcham is the 177th largest and the 247th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in CR4.
The nearest school is Granton Primary School which is 400 metres away. The nearest train station is Mitcham Eastfields which is 700 metres away.
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