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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
According to the public record, Flat 2, 2, Melrose Avenue, Mitcham is a early-century apartment with 925 ft2 of internal area.
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, Melrose Avenue, Mitcham is £246,727 and the estimated rental value is £1,635 per month.
The apartment is within 2, Melrose Avenue, Mitcham, CR4.
Melrose Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 2, 2, Melrose Avenue, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data 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, Melrose Avenue, Mitcham is in very good condition we estimate a sale value of £259,064 and a rental value of £1,717 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,456 and a rental value of £1,521 per month.
Over the last 12 months the sale value of Flat 2 2 Melrose Avenue Mitcham has decreased by an estimated £7,793 (3.2%) and its rental value has increased by an estimated £49 per month (3.0%), giving an expected gross yield of 8%.
Flat 2, 2, Melrose Avenue, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 2, Melrose Avenue, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is Flat 2, 50, Melrose Avenue, Mitcham, CR4 2EG, a leasehold flat which sold for £238,000 on the 30th June 2021.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Avenue, Mitcham, CR4 has a total of 139 addresses. According to our analysis of all the public data, Flat 2, 2, Melrose Avenue, Mitcham is the 108th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in CR4.
The nearest school is Beecholme Primary School which is 300 metres away. The nearest train station is Tooting which is 800 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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