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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, 2A, Caithness Road, Mitcham is £414,308 and the estimated rental value is £2,174 per month.
The apartment is within 2A, Caithness Road, Mitcham, CR4.
Caithness Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 2, 2A, Caithness Road, Mitcham has 3 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated May 2016.
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.
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, 2A, Caithness Road, Mitcham is in very good condition we estimate a sale value of £435,024 and a rental value of £2,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,307 and a rental value of £2,022 per month.
Over the last 12 months the sale value of Flat 2 2A Caithness Road Mitcham has decreased by an estimated £10,460 (2.5%) and its rental value has increased by an estimated £67 per month (3.1%), giving an expected gross yield of 6.3%.
Flat 2, 2A, Caithness Road, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 2A, Caithness Road, Mitcham was last sold on 2nd August 2024 for £428,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2024, the market for similar properties has dropped 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2A, Caithness Road, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is 193, Streatham Road, Mitcham, CR4 2AJ, a leasehold flat which sold for £534,000 on the 30th July 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caithness Road, Mitcham, CR4 has a total of 150 addresses. According to our analysis of all the public data, Flat 2, 2A, Caithness Road, Mitcham is the 123rd largest and the 117th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in CR4.
The nearest school is Beecholme Primary School which is 469 metres away. The nearest train station is Tooting which is 900 metres away.
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