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Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 78A, Lewis Road, Mitcham is £182,598 and the estimated rental value is £924 per month.
The apartment is within 78, Lewis Road, Mitcham, CR4.
Lewis Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
78A, Lewis Road, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property 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 78A, Lewis Road, Mitcham is in very good condition we estimate a sale value of £191,728 and a rental value of £970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,816 and a rental value of £859 per month.
Over the last 12 months the sale value of 78A Lewis Road Mitcham has decreased by an estimated £2,173 (1.2%) and its rental value has increased by an estimated £47 per month (5.1%), giving an expected gross yield of 6.1%.
78A, Lewis Road, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 380 metres radius of 78A, Lewis Road, Mitcham over the last 2 years.
The most recent example is 10, Portland Road, Mitcham, CR4 3EQ, a freehold house which sold for £385,000 on the 7th November 2018.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lewis Road, Mitcham, CR4 has a total of 120 addresses. According to our analysis of all the public data, 78A, Lewis Road, Mitcham is the 120th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in CR4.
The nearest school is Liberty Primary which is 300 metres away. The nearest train station is Colliers Wood which is 1.2 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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