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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 112, Park Avenue, Mitcham is £431,750 and the estimated rental value is £2,302 per month.
The apartment is within 112, Park Avenue, Mitcham, CR4.
Park Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 2, 112, Park Avenue, Mitcham has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 2, 112, Park Avenue, Mitcham is in very good condition we estimate a sale value of £453,338 and a rental value of £2,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,528 and a rental value of £2,141 per month.
Over the last 12 months the sale value of Flat 2 112 Park Avenue Mitcham has decreased by an estimated £13,638 (3.2%) and its rental value has increased by an estimated £69 per month (3.0%), giving an expected gross yield of 6.4%.
Flat 2, 112, Park Avenue, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, Flat 2, 112, Park Avenue, Mitcham was last sold on 25th March 2022 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has dropped 24.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 112, Park Avenue, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, 112, Park Avenue, Mitcham, CR4 2EP, a leasehold flat which sold for £450,000 on the 22nd March 2022.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Mitcham, CR4 has a total of 153 addresses. According to our analysis of all the public data, Flat 2, 112, Park Avenue, Mitcham is the 109th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in CR4.
The nearest school is Granton Primary School which is 400 metres away. The nearest train station is Streatham Common which is 900 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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