Flat 2, Lear House
Flat 2, Lear House
Description & Estimates
Flat 2, Lear House, Mitcham is described in the public record as a modern apartment with 753 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 2, Lear House, Mitcham is £353,393 and its rental estimate is £2,015 per month, given the available information and assuming reasonable condition.
Lear House, Aventine Avenue is a residential building on Aventine Avenue, Mitcham, CR4 and falls within the CR4 postal district and the borough of Merton.
Our Data Sources
Flat 2, Lear House, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated December 2012.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, Lear House, Mitcham, we estimate a market value of £371,063 and a rental value of £2,115 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £328,656 and £1,874 per month respectively.
Recent Market Change
Over the last year, Flat 2, Lear House, Mitcham has seen its estimated sale value drop by £10,374 (2.9%) and its estimated rental value rise by £63 per month (3.1%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
Flat 2, Lear House, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Dec 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Lear House, Mitcham have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th August 2024, was Flat 5, Juliet House, Aventine Avenue, Mitcham, CR4 1GF, a leasehold flat which sold for £345,000.
Read more about house prices in CR4.
- Sold Aug 2024£345,000 | 3 Bed FlatJuliet House, Aventine AvenueFlat 5, Juliet House, Aventine Avenue, Mitcham, CR4 1GF
- Sold Dec 2022£144,000 | 3 Bed FlatJuliet House, Aventine AvenueFlat 8, Juliet House, Aventine Avenue, Mitcham, CR4 1GF
- Sold Jul 2021£340,000 | 3 Bed FlatLear House, Aventine AvenueFlat 16, Lear House, Aventine Avenue, Mitcham, CR4 1GE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 113 addresses on Aventine Avenue, Mitcham, CR4, Flat 2, Lear House, Mitcham comes out as the 54th largest and the 23rd most expensive in our analysis of the public data.
It is also £39k less expensive than the average property across the CR4 district.
More reading links
Schools Nearby
- 400mSt Thomas of Canterbury Catholic Primary School
- 600mSt Mark's Primary School
- 700mLonesome Primary School
- 300mSt Mark's Church of England Academy
- 1.4kmHarris Academy Merton
- 2.1kmGraveney School
More reading links
Public Transport Nearby
From Flat 2, Lear House, Mitcham, the nearest station is Mitcham Eastfields, 500 metres away.
- 500mMitcham Eastfields
- 1.2kmMitcham Junction
- 1.8kmTooting
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
