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According to the public record, Flat 1, 53, Caithness Road, Mitcham is a early-century leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 53, Caithness Road, Mitcham is £437,237 and the estimated rental value is £2,294 per month.
The apartment is within 53, Caithness Road, Mitcham, CR4.
Caithness Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 1, 53, Caithness Road, Mitcham has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated August 2020.
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, 53, Caithness Road, Mitcham is in very good condition we estimate a sale value of £459,099 and a rental value of £2,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,631 and a rental value of £2,133 per month.
Over the last 12 months the sale value of Flat 1 53 Caithness Road Mitcham has decreased by an estimated £12,340 (2.8%) and its rental value has increased by an estimated £65 per month (2.8%), giving an expected gross yield of 6.3%.
Flat 1, 53, Caithness Road, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2020.
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, 53, Caithness Road, Mitcham was last sold on 13th June 2017 for £475,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2017, the market for similar properties has dropped 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 53, Caithness Road, Mitcham within a radius of 410 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caithness Road, Mitcham, CR4 has a total of 150 addresses. According to our analysis of all the public data, Flat 1, 53, Caithness Road, Mitcham is the 122nd largest and the 111th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in CR4.
The nearest school is Beecholme Primary School which is 444 metres away. The nearest train station is Tooting which is 900 metres away.
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