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According to the public record, 51B, Bourne Drive, Mitcham is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 51B, Bourne Drive, Mitcham is £256,355 and the estimated rental value is £1,406 per month.
The apartment is within 51, Bourne Drive, Mitcham, CR4.
Bourne Drive, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
51B, Bourne Drive, Mitcham has 3 entries in the Land Registry , most recently in April 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 51B, Bourne Drive, Mitcham is in very good condition we estimate a sale value of £269,173 and a rental value of £1,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,410 and a rental value of £1,307 per month.
Over the last 12 months the sale value of 51B Bourne Drive Mitcham has decreased by an estimated £1,955 (0.8%) and its rental value has increased by an estimated £68 per month (4.8%), giving an expected gross yield of 6.6%.
51B, Bourne Drive, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Oct 2019.
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, 51B, Bourne Drive, Mitcham was last sold on 6th April 2020 for £245,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2020, the market for similar properties has risen 25.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51B, Bourne Drive, Mitcham within a radius of 380 metres over the last 2 years.
The most recent example is Flat 4, Noble Court 261, Church Road, Mitcham, CR4 3EX, a leasehold flat which sold for £320,000 on the 31st January 2025.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bourne Drive, Mitcham, CR4 has a total of 42 addresses. According to our analysis of all the public data, 51B, Bourne Drive, Mitcham is the 38th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in CR4.
The nearest school is Haslemere Primary School which is 200 metres away. The nearest train station is Morden which is 1.2 kilometres away.
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