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According to the public record, Flat 13, Oak Lodge, Mitcham is a modern apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 13, Oak Lodge, Mitcham is £304,270 and the estimated rental value is £1,977 per month.
The apartment is within Oak Lodge, Talbot Close, Mitcham, CR4.
Talbot Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 13, Oak Lodge, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data 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 13, Oak Lodge, Mitcham is in very good condition we estimate a sale value of £319,484 and a rental value of £2,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,971 and a rental value of £1,839 per month.
Over the last 12 months the sale value of Flat 13 Oak Lodge Mitcham has decreased by an estimated £8,932 (2.9%) and its rental value has increased by an estimated £62 per month (3.1%), giving an expected gross yield of 7.8%.
Flat 13, Oak Lodge, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Oak Lodge, Mitcham within a radius of 660 metres over the last 2 years.
The most recent example is Flat 1, Heath Lodge, Talbot Close, Mitcham, CR4 1FB, a leasehold flat which sold for £162,500 on the 15th December 2023.
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 13, Oak Lodge, Mitcham is the 66th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £88k 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 1.0 kilometres away.
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