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According to the public record, Flat 1, 2, Farewell Place, Mitcham is a early-century leasehold apartment with 581 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, 2, Farewell Place, Mitcham is £287,131 and the estimated rental value is £1,668 per month.
The apartment is within 2, Farewell Place, Mitcham, CR4.
Farewell Place, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 1, 2, Farewell Place, Mitcham has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated March 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 Flat 1, 2, Farewell Place, Mitcham is in very good condition we estimate a sale value of £301,488 and a rental value of £1,752 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,032 and a rental value of £1,552 per month.
Over the last 12 months the sale value of Flat 1 2 Farewell Place Mitcham has decreased by an estimated £7,427 (2.6%) and its rental value has increased by an estimated £58 per month (3.5%), giving an expected gross yield of 7%.
Flat 1, 2, Farewell Place, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 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, Flat 1, 2, Farewell Place, Mitcham was last sold on 9th May 2023 for £318,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Farewell Place, Mitcham within a radius of 380 metres over the last 2 years.
The most recent example is 93, Lowry Crescent, Mitcham, CR4 3NX, a leasehold flat which sold for £271,250 on the 7th February 2025.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farewell Place, Mitcham, CR4 has a total of 17 addresses. According to our analysis of all the public data, Flat 1, 2, Farewell Place, Mitcham is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in CR4.
The nearest school is Liberty Primary which is 300 metres away. The nearest train station is Colliers Wood which is 900 metres away.
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