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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 10, Heath Lodge, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 303 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 10, Heath Lodge, Mitcham is £164,694 and the estimated rental value is £1,046 per month.
The apartment is within Heath Lodge, Talbot Close, Mitcham, CR4.
Talbot Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 10, Heath Lodge, Mitcham has a single entry in the Land Registry from November 2019 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 1 out of 5 and is considered of low 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 10, Heath Lodge, Mitcham is in very good condition we estimate a sale value of £172,929 and a rental value of £1,098 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,166 and a rental value of £972 per month.
Over the last 12 months the sale value of Flat 10 Heath Lodge Mitcham has decreased by an estimated £1,833 (1.1%) and its rental value has increased by an estimated £50 per month (4.8%), giving an expected gross yield of 7.6%.
According to HM Land Registry, Flat 10, Heath Lodge, Mitcham was last sold on 25th November 2019 for £126,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 10, Heath Lodge, Mitcham within a radius of 630 metres over the last 2 years.
The most recent example is Flat 11, Heath Lodge, Talbot Close, Mitcham, CR4 1FB, a leasehold flat which sold for £120,750 on the 31st July 2017.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Talbot Close, Mitcham, CR4 has a total of 212 addresses. According to our analysis of all the public data, Flat 10, Heath Lodge, Mitcham is the 211th largest and the 211th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in CR4.
The nearest school is The Sherwood School which is 200 metres away. The nearest train station is Mitcham Junction which is 1.1 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
