Flat 3, 53
Flat 3, 53
Description & Estimates
Flat 3, 53, Glebe Avenue, Mitcham is recorded publicly as a period leasehold apartment across 1,011 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 3, 53, Glebe Avenue, Mitcham is £441,085 and its rental estimate is £2,413 per month, given the available information and assuming reasonable condition.
53, Glebe Avenue is a residential building on Glebe Avenue, Mitcham, CR4 and falls within the CR4 postal district and the borough of Merton.
Our Data Sources
Flat 3, 53, Glebe Avenue, Mitcham has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated September 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.
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 3, 53, Glebe Avenue, Mitcham, we estimate a market value of £463,139 and a rental value of £2,534 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £410,209 and £2,244 per month respectively.
Recent Market Change
Over the last year, Flat 3, 53, Glebe Avenue, Mitcham has seen its estimated sale value move down by £13,932 (3.2%) and its estimated rental value increase by £72 per month (3.0%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Flat 3, 53, Glebe Avenue, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 3, 53, Glebe Avenue, Mitcham completed on 10th March 2023 at £450,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 13.5% over the period since March 2023.
- Sold Mar 2023£450,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 380 metres of Flat 3, 53, Glebe Avenue, Mitcham, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2023, was Flat 2, 53, Glebe Avenue, Mitcham, CR4 3DZ, a leasehold flat which sold for £290,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 59 addresses on Glebe Avenue, Mitcham, CR4, Flat 3, 53, Glebe Avenue, Mitcham comes out as the 23rd largest and the 37th most expensive in our analysis of the public data.
It is also £49k more expensive than the average property across the CR4 district.
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Schools Nearby
- 400mHaslemere Primary School
- 400mLiberty Primary
- 500mBenedict Academy
- 1.2kmHarris Academy Wimbledon
- 1.4kmSt Mark's Church of England Academy
- 1.7kmHarris Academy Morden
More reading links
Public Transport Nearby
From Flat 3, 53, Glebe Avenue, Mitcham, the nearest station is Colliers Wood, 1.3 kilometres away.
- 1.3kmColliers Wood
- 1.4kmMitcham Eastfields
- 1.5kmMorden
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
