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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 4, 48, Elm Gardens, Mitcham is £232,966 and the estimated rental value is £1,506 per month.
The apartment is within 48, Elm Gardens, Mitcham, CR4.
Elm Gardens, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 4, 48, Elm Gardens, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, 48, Elm Gardens, Mitcham is in very good condition we estimate a sale value of £244,614 and a rental value of £1,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,658 and a rental value of £1,401 per month.
Over the last 12 months the sale value of Flat 4 48 Elm Gardens Mitcham has decreased by an estimated £4,575 (2.0%) and its rental value has increased by an estimated £54 per month (3.6%), giving an expected gross yield of 7.8%.
Flat 4, 48, Elm Gardens, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jan 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 48, Elm Gardens, Mitcham within a radius of 440 metres over the last 2 years.
The most recent example is Flat 5, 8, Westmorland Way, Mitcham, CR4 1RX, a leasehold flat which sold for £240,000 on the 20th December 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Gardens, Mitcham, CR4 has a total of 49 addresses. According to our analysis of all the public data, Flat 4, 48, Elm Gardens, Mitcham is the 49th largest and the 49th 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 Harris Academy Merton which is 300 metres away. The nearest train station is Norbury which is 1.7 kilometres away.
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