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Company No. 11113204
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According to the public record, Flat 2, Searle Court 15, Mitcham is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Searle Court 15, Mitcham is £255,706 and the estimated rental value is £1,495 per month.
The apartment is within Searle Court, Appleton Square, Mitcham, CR4.
Appleton Square, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 2, Searle Court 15, Mitcham has 51 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated October 2023.
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, Searle Court 15, Mitcham is in very good condition we estimate a sale value of £268,491 and a rental value of £1,569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,807 and a rental value of £1,390 per month.
Over the last 12 months the sale value of Flat 2 Searle Court 15 Mitcham has decreased by an estimated £5,022 (2.0%) and its rental value has increased by an estimated £53 per month (3.6%), giving an expected gross yield of 7%.
Flat 2, Searle Court 15, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, Searle Court 15, Mitcham was last sold on 26th February 2021 for £270,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since February 2021, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Searle Court 15, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is Flat 11, Searle Court 15, Appleton Square, Mitcham, CR4 3SF, a leasehold flat which sold for £270,000 on the 5th November 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Appleton Square, Mitcham, CR4 has a total of 48 addresses. According to our analysis of all the public data, Flat 2, Searle Court 15, Mitcham is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in CR4.
The nearest school is Liberty Primary which is 400 metres away. The nearest train station is Colliers Wood which is 700 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
