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According to the public record, 2B, St. Georges Road, Mitcham is a early-century leasehold apartment with 1,367 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 2B, St. Georges Road, Mitcham is £475,153 and the estimated rental value is £2,735 per month.
The apartment is within 2, St. Georges Road, Mitcham, CR4.
St. Georges Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2B, St. Georges Road, Mitcham has 31 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated August 2017.
We combine this information with that 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 2B, St. Georges Road, Mitcham is in very good condition we estimate a sale value of £498,910 and a rental value of £2,871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,892 and a rental value of £2,543 per month.
Over the last 12 months the sale value of 2B St. Georges Road Mitcham has decreased by an estimated £11,996 (2.5%) and its rental value has increased by an estimated £84 per month (3.1%), giving an expected gross yield of 6.9%.
2B, St. Georges Road, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2017.
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, 2B, St. Georges Road, Mitcham was last sold on 29th May 2015 for £329,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2015, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, St. Georges Road, Mitcham within a radius of 530 metres over the last 2 years.
The most recent example is Flat 12, Venice House, Aventine Avenue, Mitcham, CR4 1GB, a leasehold flat which sold for £396,000 on the 23rd July 2019.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Georges Road, Mitcham, CR4 has a total of 68 addresses. According to our analysis of all the public data, 2B, St. Georges Road, Mitcham is the 8th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in CR4.
The nearest school is St Mark's Church of England Academy which is 510 metres away. The nearest train station is Mitcham Eastfields which is 700 metres away.
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