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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, 36, Grenfell Road, Mitcham is £513,694 and the estimated rental value is £2,689 per month.
The apartment is within 36, Grenfell Road, Mitcham, CR4.
Grenfell Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 2, 36, Grenfell Road, Mitcham has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated January 2022.
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, 36, Grenfell Road, Mitcham is in very good condition we estimate a sale value of £539,379 and a rental value of £2,824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,735 and a rental value of £2,501 per month.
Over the last 12 months the sale value of Flat 2 36 Grenfell Road Mitcham has decreased by an estimated £12,969 (2.5%) and its rental value has increased by an estimated £82 per month (3.1%), giving an expected gross yield of 6.3%.
Flat 2, 36, Grenfell Road, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jan 2022.
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, 36, Grenfell Road, Mitcham was last sold on 22nd July 2022 for £550,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has dropped 32.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 36, Grenfell Road, Mitcham within a radius of 310 metres over the last 2 years.
The most recent example is 20, Heaton Road, Mitcham, CR4 2BU, a leasehold flat which sold for £520,000 on the 6th December 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grenfell Road, Mitcham, CR4 has a total of 130 addresses. According to our analysis of all the public data, Flat 2, 36, Grenfell Road, Mitcham is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in CR4.
The nearest school is Links Primary School which is 376 metres away. The nearest train station is Tooting which is 100 metres away.
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