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According to the public record, Flat 2, Chart House, Mitcham is a mid-century leasehold apartment with 947 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, Chart House, Mitcham is £252,674 and the estimated rental value is £1,674 per month.
The apartment is within Chart House, Sadler Close, Mitcham, CR4.
Sadler Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 2, Chart House, Mitcham has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Chart House, Mitcham is in very good condition we estimate a sale value of £265,308 and a rental value of £1,758 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,987 and a rental value of £1,557 per month.
Over the last 12 months the sale value of Flat 2 Chart House Mitcham has decreased by an estimated £7,981 (3.2%) and its rental value has increased by an estimated £50 per month (3.0%), giving an expected gross yield of 8%.
Flat 2, Chart House, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2022.
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, Chart House, Mitcham was last sold on 30th July 2015 for £185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2015, the market for similar properties has risen 47.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Chart House, Mitcham within a radius of 380 metres over the last 2 years.
The most recent example is Flat 4, Fountain House, Sadler Close, Mitcham, CR4 3EG, a leasehold flat which sold for £161,000 on the 18th December 2023.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sadler Close, Mitcham, CR4 has a total of 287 addresses. According to our analysis of all the public data, Flat 2, Chart House, Mitcham is the 19th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in CR4.
The nearest school is Bond Primary School which is 200 metres away. The nearest train station is Mitcham Eastfields which is 900 metres away.
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