Flat 1, 5
Flat 1, 5
Description & Estimates
According to the public record, Flat 1, 5, New Close is an early-century leasehold apartment with 664 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, 5, New Close is £269,492 and the estimated rental value is £1,305 per month.
The apartment is within 5, New Close, London, SW19.
New Close, London, SW19 is located in the borough of Merton within the SW19 postal district.
Our Data Sources
Flat 1, 5, New Close has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated July 2016.
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.
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, 5, New Close is in very good condition we estimate a sale value of £282,967 and a rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,628 and a rental value of £1,213 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 5, New Close has decreased by £4,980 (1.8%), while its estimated rental value has grown by £73 per month (5.6%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
Flat 1, 5, New Close has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, 5, New Close was last sold on 18th November 2016 for £435,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has risen by 71.4%.
- Sold Nov 2016£435,000
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, 5, New Close within a radius of 560 metres over the last 2 years.
The most recent example is Flat 8, Lime Court 1, Lewis Road, Mitcham, CR4 3LS, a leasehold flat which sold for £325,000 on the 4th November 2024.
Read more about house prices in SW19.
- Sold Nov 2024£325,000 | 2 Bed FlatLime Court 1, Lewis RoadFlat 8, Lime Court 1, Lewis Road, Mitcham, CR4 3LS
- Sold Sep 2024£317,000 | 2 Bed FlatLime Court 1, Lewis RoadFlat 16, Lime Court 1, Lewis Road, Mitcham, CR4 3LS
- Sold May 2018£285,000 | 2 Bed FlatDeer Park Gardens17, Deer Park Gardens, Mitcham, CR4 4DY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
New Close, London, SW19 has a total of 123 addresses. According to our analysis of all the public data, Flat 1, 5, New Close is the 95th largest and the 108th most expensive property on the street.
When compared to the postcode district it is £554k less expensive than the average property in SW19.
More reading links
Schools Nearby
- 400mHaslemere Primary School
- 600mBenedict Academy
- 700mPark Academy
- 1.0kmHarris Academy Wimbledon
- 1.5kmHarris Academy Morden
- 1.7kmRutlish School
More reading links
Public Transport Nearby
The closest station to Flat 1, 5, New Close is Morden station, which is 800 metres away.
- 800mMorden
- 1.3kmSouth Wimbledon
- 1.5kmColliers Wood
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.
