Flat 1, 85
Flat 1, 85
Description & Estimates
The public record lists Flat 1, 85, Elmhurst Avenue, Mitcham as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 594 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 85, Elmhurst Avenue, Mitcham has an estimated sale value of £289,081 and an estimated rental value of £1,702 per month, assuming reasonable condition and based on the information available.
The apartment sits within 85, Elmhurst Avenue, Mitcham, CR4.
Elmhurst Avenue, Mitcham, CR4 lies in the borough of Merton, within the CR4 postal district.
Our Data Sources
Flat 1, 85, Elmhurst Avenue, Mitcham has a single entry in the Land Registry from July 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 85, Elmhurst Avenue, Mitcham would be worth £303,535, with a potential rental value of £1,787 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £268,845, with a rental value of £1,583 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 85, Elmhurst Avenue, Mitcham has moved down by £5,678 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £61 (3.6%). The property's estimated gross yield is currently 7.1%.
Sold Prices
Flat 1, 85, Elmhurst Avenue, Mitcham last changed hands on 28th July 2017, selling for £315,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 26.8% since July 2017.
- Sold Jul 2017£315,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of Flat 1, 85, Elmhurst Avenue, Mitcham across the last 2 years.
Most recently, Flat 4, 85, Elmhurst Avenue, Mitcham, CR4 2HP, a leasehold flat, sold at £290,000 on the 1st April 2022.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, 85, Elmhurst Avenue, Mitcham as the 82nd largest and the 93rd most expensive of the 103 addresses on Elmhurst Avenue, Mitcham, CR4.
Against the CR4 postcode district average, it is £103k less expensive than the typical property.
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Schools Nearby
- 200mBeecholme Primary School
- 500mGorringe Park Primary School
- 600mLonesome Primary School
- 900mGraveney School
- 1.0kmSt Mark's Church of England Academy
- 1.8kmHarris Academy Merton
More reading links
Public Transport Nearby
Mitcham Eastfields station is the nearest stop to Flat 1, 85, Elmhurst Avenue, Mitcham at 700 metres away.
- 700mMitcham Eastfields
- 900mTooting
- 1.1kmStreatham Common
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
