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According to the public record, Flat 2, 24, Mill Green Road, Mitcham is a modern leasehold apartment with 332 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 24, Mill Green Road, Mitcham is £177,811 and the estimated rental value is £1,129 per month.
The apartment is within 24, Mill Green Road, Mitcham, CR4.
Mill Green Road, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
Flat 2, 24, Mill Green Road, Mitcham has 21 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated November 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, 24, Mill Green Road, Mitcham is in very good condition we estimate a sale value of £186,701 and a rental value of £1,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,364 and a rental value of £1,050 per month.
Over the last 12 months the sale value of Flat 2 24 Mill Green Road Mitcham has decreased by an estimated £1,356 (0.8%) and its rental value has increased by an estimated £54 per month (4.8%), giving an expected gross yield of 7.6%.
Flat 2, 24, Mill Green Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 24, Mill Green Road, Mitcham was last sold on 9th September 2011 for £81,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2011, the market for similar properties has risen 106.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 24, Mill Green Road, Mitcham within a radius of 600 metres over the last 2 years.
The most recent example is Flat 10, 26, Mill Green Road, Mitcham, CR4 4HY, a leasehold flat which sold for £160,000 on the 19th December 2018.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Green Road, Mitcham, CR4 has a total of 140 addresses. According to our analysis of all the public data, Flat 2, 24, Mill Green Road, Mitcham is the 139th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in CR4.
The nearest school is Culvers House Primary School which is 600 metres away. The nearest train station is Mitcham Junction which is 700 metres away.
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