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Flat 1, 121, Edgehill Road, Mitcham is recorded publicly as a modern Leasehold apartment across 807 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 1, 121, Edgehill Road, Mitcham is £460,890 and its rental estimate is £2,453 per month, given the available information and assuming reasonable condition.
121, Edgehill Road is a residential building on Edgehill Road, Mitcham, CR4 and falls within the CR4 postal district and the borough of Merton.
Flat 1, 121, Edgehill Road, Mitcham has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated December 2021.
We combine this information with that 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 121, Edgehill Road, Mitcham, we estimate a market value of £483,935 and a rental value of £2,575 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £428,628 and £2,281 per month respectively.
Over the last year, Flat 1, 121, Edgehill Road, Mitcham has seen its estimated sale value decline by £14,558 (3.2%) and its estimated rental value climb by £73 per month (3.0%). This results in an estimated gross rental yield of 6.4%.
Flat 1, 121, Edgehill Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The most recent sale of Flat 1, 121, Edgehill Road, Mitcham completed on 26th October 2018 at £445,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 20.3% over the period since October 2018.
Over the past 2 years 3 properties similar to Flat 1, 121, Edgehill Road, Mitcham have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd August 2024, was Flat 2, 2A, Caithness Road, Mitcham, CR4 2EU, a leasehold flat which sold for £428,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 160 addresses on Edgehill Road, Mitcham, CR4, Flat 1, 121, Edgehill Road, Mitcham comes out as the 147th largest and the 117th most expensive in our analysis of the public data.
It is also £69k more expensive than the average property across the CR4 district.
From Flat 1, 121, Edgehill Road, Mitcham, the nearest station is Mitcham Eastfields, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 121, Edgehill Road, Mitcham, 34.6% of property is privately owned outright and 32.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, 121, Edgehill Road, Mitcham, 18.1% of residents are recorded as possessing school level qualifications and 35.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 121, Edgehill Road, Mitcham, the average age was 38.1 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, 121, Edgehill Road, Mitcham, 1.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, 121, Edgehill Road, Mitcham, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.