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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, 5A, Mitcham Park, Mitcham is £266,026 and the estimated rental value is £1,718 per month.
The apartment is within 5A, Mitcham Park, Mitcham, CR4.
Mitcham Park, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 4, 5A, Mitcham Park, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
We combine this information with public data 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 4, 5A, Mitcham Park, Mitcham is in very good condition we estimate a sale value of £279,328 and a rental value of £1,804 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,404 and a rental value of £1,598 per month.
Over the last 12 months the sale value of Flat 4 5A Mitcham Park Mitcham has decreased by an estimated £5,225 (2.0%) and its rental value has increased by an estimated £61 per month (3.6%), giving an expected gross yield of 7.8%.
Flat 4, 5A, Mitcham Park, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. 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, 5A, Mitcham Park, Mitcham within a radius of 520 metres over the last 2 years.
The most recent example is Flat 2, 17, Mitcham Park, Mitcham, CR4 4EN, a leasehold flat which sold for £240,000 on the 7th November 2023.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitcham Park, Mitcham, CR4 has a total of 202 addresses. According to our analysis of all the public data, Flat 4, 5A, Mitcham Park, Mitcham is the 94th largest and the 170th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in CR4.
The nearest school is St Peter and Paul Catholic Primary School which is 100 metres away. The nearest train station is Mitcham Junction which is 1.0 kilometres away.
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