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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 3, Bowyer House 79, Mitcham is £251,470 and the estimated rental value is £1,628 per month.
The apartment is within Bowyer House, Miles Road, Mitcham, CR4.
Miles Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 3, Bowyer House 79, Mitcham has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated August 2015.
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 3, Bowyer House 79, Mitcham is in very good condition we estimate a sale value of £264,043 and a rental value of £1,709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,867 and a rental value of £1,514 per month.
Over the last 12 months the sale value of Flat 3 Bowyer House 79 Mitcham has decreased by an estimated £4,939 (2.0%) and its rental value has increased by an estimated £58 per month (3.6%), giving an expected gross yield of 7.8%.
Flat 3, Bowyer House 79, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, Bowyer House 79, Mitcham was last sold on 30th March 2016 for £275,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Bowyer House 79, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is Flat 7, Bowyer House 79, Miles Road, Mitcham, CR4 3FF, a leasehold flat which sold for £126,500 on the 15th February 2021.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Miles Road, Mitcham, CR4 has a total of 160 addresses. According to our analysis of all the public data, Flat 3, Bowyer House 79, Mitcham is the 103rd largest and the 100th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in CR4.
The nearest school is Benedict Academy which is 500 metres away. The nearest train station is Mitcham Eastfields which is 1.3 kilometres away.
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