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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, 2, Elm Gardens, Mitcham is £287,862 and the estimated rental value is £1,904 per month.
The apartment is within 2, Elm Gardens, Mitcham, CR4.
Elm Gardens, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 2, 2, Elm Gardens, Mitcham has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property 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 2, 2, Elm Gardens, Mitcham is in very good condition we estimate a sale value of £302,255 and a rental value of £1,999 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,712 and a rental value of £1,771 per month.
Over the last 12 months the sale value of Flat 2 2 Elm Gardens Mitcham has decreased by an estimated £9,093 (3.2%) and its rental value has increased by an estimated £57 per month (3.0%), giving an expected gross yield of 7.9%.
Flat 2, 2, Elm Gardens, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 2, Elm Gardens, Mitcham was last sold on 22nd May 2008 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 83.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Elm Gardens, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 3, Ivy Gardens, Mitcham, CR4 1BR, a leasehold flat which sold for £285,000 on the 28th January 2025.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Gardens, Mitcham, CR4 has a total of 49 addresses. According to our analysis of all the public data, Flat 2, 2, Elm Gardens, Mitcham is the 42nd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in CR4.
The nearest school is Harris Academy Merton which is 300 metres away. The nearest train station is Norbury which is 1.7 kilometres away.
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