Flat 4, Lear House
Flat 4, Lear House
Description & Estimates
The public record describes Flat 4, Lear House, Mitcham as a modern apartment with 753 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 4, Lear House, Mitcham has an estimated sale value of £353,393 and an estimated rental value of £2,015 per month, assuming reasonable condition and based on the information available.
The apartment sits within Lear House, Aventine Avenue, Mitcham, CR4.
Aventine Avenue, Mitcham, CR4 lies in the borough of Merton, within the CR4 postal district.
Our Data Sources
Flat 4, Lear House, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated December 2012.
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.
Price Range & Condition
In very good condition, we estimate Flat 4, Lear House, Mitcham would be worth £371,063, with a potential rental value of £2,115 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £328,656, with a rental value of £1,874 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 4, Lear House, Mitcham has declined by £10,374 (2.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £63 (3.1%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
Flat 4, Lear House, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Dec 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of Flat 4, Lear House, Mitcham across the last 2 years.
Most recently, Flat 5, Juliet House, Aventine Avenue, Mitcham, CR4 1GF, a leasehold flat, sold at £345,000 on the 20th August 2024.
Read more about house prices in CR4.
- Sold Aug 2024£345,000 | 3 Bed FlatFlat 5, Juliet House, Aventine Avenue, Mitcham, CR4 1GFFlat 5, Juliet House, Aventine Avenue, Mitcham, CR4 1GF
- Sold Dec 2022£144,000 | 3 Bed FlatFlat 8, Juliet House, Aventine Avenue, Mitcham, CR4 1GFFlat 8, Juliet House, Aventine Avenue, Mitcham, CR4 1GF
- Sold Jul 2021£340,000 | 3 Bed FlatFlat 16, Lear House, Aventine Avenue, Mitcham, CR4 1GEFlat 16, Lear House, Aventine Avenue, Mitcham, CR4 1GE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 4, Lear House, Mitcham as the 50th largest and the 19th most expensive of the 113 addresses on Aventine Avenue, Mitcham, CR4.
Against the CR4 postcode district average, it is £39k less expensive than the typical property.
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Schools Nearby
- 400mSt Thomas of Canterbury Catholic Primary School
- 600mSt Mark's Primary School
- 700mLonesome Primary School
- 300mSt Mark's Church of England Academy
- 1.4kmHarris Academy Merton
- 2.1kmGraveney School
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Public Transport Nearby
Mitcham Eastfields station is the nearest stop to Flat 4, Lear House, Mitcham at 500 metres away.
- 500mMitcham Eastfields
- 1.2kmMitcham Junction
- 1.8kmTooting
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
