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According to the public record, 4A, Grove Road, Mitcham is a early-century leasehold apartment with 899 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4A, Grove Road, Mitcham is £381,192 and the estimated rental value is £2,199 per month.
The apartment is within 4, Grove Road, Mitcham, CR4.
Grove Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
4A, Grove Road, Mitcham has a single entry in the Land Registry from June 2010 and a single entry in the EPC database dated October 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 4A, Grove Road, Mitcham is in very good condition we estimate a sale value of £400,251 and a rental value of £2,309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,508 and a rental value of £2,045 per month.
Over the last 12 months the sale value of 4A Grove Road Mitcham has decreased by an estimated £12,041 (3.2%) and its rental value has increased by an estimated £66 per month (3.0%), giving an expected gross yield of 6.9%.
4A, Grove Road, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Oct 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4A, Grove Road, Mitcham was last sold on 18th June 2010 for £220,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2010, the market for similar properties has risen 64.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4A, Grove Road, Mitcham within a radius of 470 metres over the last 2 years.
The most recent example is Flat 21, Sidney House 159, Commonside East, Mitcham, CR4 2QB, a leasehold flat which sold for £440,000 on the 1st October 2024.
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, 4A, Grove Road, Mitcham is the 72nd largest and the 171st most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in CR4.
The nearest school is St Thomas of Canterbury Catholic Primary School which is 200 metres away. The nearest train station is Mitcham Eastfields which is 400 metres away.
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