Flat 1, 12
Flat 1, 12
Description & Estimates
According to the public record, Flat 1, 12, Park Avenue, Mitcham is a period leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 12, Park Avenue, Mitcham is £422,238 and the estimated rental value is £2,605 per month.
The apartment is within 12, Park Avenue, Mitcham, CR4.
Park Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Our Data Sources
Flat 1, 12, Park Avenue, Mitcham has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated March 2023.
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.
Price Range & Condition
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 Flat 1, 12, Park Avenue, Mitcham is in very good condition we estimate a sale value of £443,350 and a rental value of £2,735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,681 and a rental value of £2,423 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 12, Park Avenue, Mitcham has dropped by £10,922 (2.6%), while its estimated rental value has risen by £90 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 7.4%.
Energy Efficiency
Flat 1, 12, Park Avenue, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 1, 12, Park Avenue, Mitcham was last sold on 8th December 2022 for £422,250 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has dropped by 20.2%.
- Sold Dec 2022£422,250
- Sold Sep 2018£485,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 12, Park Avenue, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is Flat 2, 2A, Caithness Road, Mitcham, CR4 2EU, a leasehold flat which sold for £428,000 on the 2nd August 2024.
Read more about house prices in CR4.
- Sold Aug 2024£428,000 | 3 Bed Flat2A, Caithness RoadFlat 2, 2A, Caithness Road, Mitcham, CR4 2EU
- Sold Aug 2023£375,000 | 2 Bed Flat55, Park AvenueFlat 1, 55, Park Avenue, Mitcham, CR4 2ER
- Sold Jun 2023£418,000 | 2 Bed FlatImperial Court 225, Streatham RoadFlat 3, Imperial Court 225, Streatham Road, Mitcham, CR4 2FF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Park Avenue, Mitcham, CR4 has a total of 153 addresses. According to our analysis of all the public data, Flat 1, 12, Park Avenue, Mitcham is the 115th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in CR4.
More reading links
Schools Nearby
- 400mBeecholme Primary School
- 500mLinks Primary School
- 600mGorringe Park Primary School
- 700mGraveney School
- 1.2kmSt Mark's Church of England Academy
- 2.0kmHarris Academy Merton
More reading links
Public Transport Nearby
The closest station to Flat 1, 12, Park Avenue, Mitcham is Tooting station, which is 800 metres away.
- 800mTooting
- 900mMitcham Eastfields
- 1.0kmStreatham Common
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
