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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 29, Oak Lodge, Mitcham is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 29, Oak Lodge, Mitcham is £233,526 and the estimated rental value is £1,486 per month.
The apartment is within Oak Lodge, Talbot Close, Mitcham, CR4.
Talbot Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 29, Oak Lodge, Mitcham has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated August 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 29, Oak Lodge, Mitcham is in very good condition we estimate a sale value of £245,203 and a rental value of £1,561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,180 and a rental value of £1,382 per month.
Over the last 12 months the sale value of Flat 29 Oak Lodge Mitcham has decreased by an estimated £4,876 (2.1%) and its rental value has increased by an estimated £61 per month (4.1%), giving an expected gross yield of 7.6%.
Flat 29, Oak Lodge, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 29, Oak Lodge, Mitcham was last sold on 28th February 2023 for £257,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Oak Lodge, Mitcham within a radius of 660 metres over the last 2 years.
The most recent example is Flat 24, Orchid Lodge, Talbot Close, Mitcham, CR4 1FD, a leasehold flat which sold for £244,000 on the 25th August 2023.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Talbot Close, Mitcham, CR4 has a total of 212 addresses. According to our analysis of all the public data, Flat 29, Oak Lodge, Mitcham is the 199th largest and the 206th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in CR4.
The nearest school is The Sherwood School which is 200 metres away. The nearest train station is Mitcham Junction which is 1.0 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
