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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, Queens Quarters 70, Mitcham is £482,891 and the estimated rental value is £2,563 per month.
The apartment is within Queens Quarters, Cricket Green, Mitcham, CR4.
Cricket Green, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 2, Queens Quarters 70, Mitcham has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated May 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, Queens Quarters 70, Mitcham is in very good condition we estimate a sale value of £507,036 and a rental value of £2,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,089 and a rental value of £2,383 per month.
Over the past 12 months, the estimated sale value of Flat 2, Queens Quarters 70, Mitcham has decreased by £15,253 (3.2%), while its estimated rental value has grown by £76 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Flat 2, Queens Quarters 70, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 May 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, Queens Quarters 70, Mitcham was last sold on 9th January 2024 for £460,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has dropped by 10.0%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Queens Quarters 70, Mitcham within a radius of 560 metres over the last 2 years.
The most recent example is Flat 6, Queens Quarters 70, Cricket Green, Mitcham, CR4 4GD, a leasehold flat which sold for £407,000 on the 13th September 2023.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cricket Green, Mitcham, CR4 has a total of 97 addresses. According to our analysis of all the public data, Flat 2, Queens Quarters 70, Mitcham is the 11th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in CR4.
The closest station to Flat 2, Queens Quarters 70, Mitcham is Mitcham Junction station, which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Queens Quarters 70, Mitcham, 58.4% of property is privately rented and 22.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Queens Quarters 70, Mitcham, 16.1% of residents are recorded as possessing school level qualifications and 37.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Queens Quarters 70, Mitcham, the average age was 38.9 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Queens Quarters 70, Mitcham, 0.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Queens Quarters 70, Mitcham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.