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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41B, Manor Road, Mitcham is £299,556 and the estimated rental value is £1,762 per month.
The apartment is within 41, Manor Road, Mitcham, CR4.
Manor Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
41B, Manor Road, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated January 2024.
We combine this information with public data 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 41B, Manor Road, Mitcham is in very good condition we estimate a sale value of £314,534 and a rental value of £1,850 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,587 and a rental value of £1,638 per month.
Over the last 12 months the sale value of 41B Manor Road Mitcham has decreased by an estimated £5,883 (2.0%) and its rental value has increased by an estimated £63 per month (3.6%), giving an expected gross yield of 7.1%.
41B, Manor Road, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41B, Manor Road, Mitcham within a radius of 490 metres over the last 2 years.
The most recent example is Flat 27, Orchid Lodge, Talbot Close, Mitcham, CR4 1FD, a leasehold flat which sold for £270,000 on the 6th September 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manor Road, Mitcham, CR4 has a total of 224 addresses. According to our analysis of all the public data, 41B, Manor Road, Mitcham is the 198th largest and the 198th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in CR4.
The nearest school is The Sherwood School which is 300 metres away. The nearest train station is Mitcham Eastfields which is 1.1 kilometres away.
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