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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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Public records show Flat 2, 109, Park Avenue, Mitcham to be a mid-century leasehold apartment with 957 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 2, 109, Park Avenue, Mitcham has an estimated sale value of £429,785 and an estimated rental value of £2,363 per month, assuming reasonable condition and based on the information available.
The apartment sits within 109, Park Avenue, Mitcham, CR4.
Park Avenue, Mitcham, CR4 lies in the borough of Merton, within the CR4 postal district.
Flat 2, 109, Park Avenue, Mitcham has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 2, 109, Park Avenue, Mitcham would be worth £451,274, with a potential rental value of £2,481 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £399,700, with a rental value of £2,197 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 2, 109, Park Avenue, Mitcham has decreased by £13,575 (3.2%) over the last year. During the same period, its estimated monthly rental value has grown by £70 (3.0%). The property's estimated gross yield is currently 6.6%.
Flat 2, 109, Park Avenue, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 2, 109, Park Avenue, Mitcham last changed hands on 1st March 2023, selling for £425,000. 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 22.7% since March 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of Flat 2, 109, Park Avenue, Mitcham across the last 2 years.
Most recently, Flat 2, 55, Park Avenue, Mitcham, CR4 2ER, a leasehold flat, sold at £460,000 on the 28th July 2023.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 2, 109, Park Avenue, Mitcham as the 95th largest and the 100th most expensive of the 153 addresses on Park Avenue, Mitcham, CR4.
Against the CR4 postcode district average, it is £38k more expensive than the typical property.
Mitcham Eastfields station is the nearest stop to Flat 2, 109, Park Avenue, Mitcham at 900 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 109, Park Avenue, Mitcham, 33.6% of property is privately rented and 32.7% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 109, Park Avenue, Mitcham, 20.4% of residents are recorded as possessing school level qualifications and 47.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 109, Park Avenue, Mitcham, the average age was 38.1 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 109, Park Avenue, Mitcham, 1.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 109, Park Avenue, Mitcham, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
