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According to the public record, Flat 4, Oak Lodge, Mitcham is a modern apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Oak Lodge, Mitcham is £265,644 and the estimated rental value is £1,627 per month.
The apartment is within Oak Lodge, Talbot Close, Mitcham, CR4.
Talbot Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 4, Oak Lodge, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated October 2023.
We combine this information with public data 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.
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, Oak Lodge, Mitcham is in very good condition we estimate a sale value of £278,926 and a rental value of £1,708 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,049 and a rental value of £1,513 per month.
Over the last 12 months the sale value of Flat 4 Oak Lodge Mitcham has decreased by an estimated £4,804 (1.8%) and its rental value has increased by an estimated £61 per month (3.8%), giving an expected gross yield of 7.3%.
Flat 4, Oak Lodge, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Oak Lodge, Mitcham within a radius of 660 metres over the last 2 years.
The most recent example is Flat 27, Orchid Lodge, Talbot Close, Mitcham, CR4 1FD, a leasehold flat which sold for £270,000 on the 6th September 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Talbot Close, Mitcham, CR4 has a total of 212 addresses. According to our analysis of all the public data, Flat 4, Oak Lodge, Mitcham is the 147th largest and the 160th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in CR4.
The nearest school is The Sherwood School which is 232 metres away. The nearest train station is Mitcham Junction which is 1.0 kilometres away.
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