Flat 5, 8
Flat 5, 8
Description & Estimates
According to the public record, Flat 5, 8, Westmorland Way, Mitcham is a modern leasehold apartment with 538 ft2 of internal area.
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 5, 8, Westmorland Way, Mitcham is £233,134 and the estimated rental value is £1,512 per month.
The apartment is within 8, Westmorland Way, Mitcham, CR4.
Westmorland Way, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Our Data Sources
Flat 5, 8, Westmorland Way, Mitcham has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that 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.
Price Range & Condition
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 5, 8, Westmorland Way, Mitcham is in very good condition we estimate a sale value of £244,791 and a rental value of £1,588 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,815 and a rental value of £1,407 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, 8, Westmorland Way, Mitcham has declined by £4,579 (2.0%), while its estimated rental value has climbed by £54 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
Flat 5, 8, Westmorland Way, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 5, 8, Westmorland Way, Mitcham was last sold on 20th December 2024 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2024, the market for similar properties has dropped by 9.7%.
- Sold Dec 2024£240,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 8, Westmorland Way, Mitcham within a radius of 520 metres over the last 2 years.
The most recent example is 5, Recreation Way, Mitcham, CR4 1PJ, a leasehold flat which sold for £220,000 on the 7th May 2024.
Read more about house prices in CR4.
- Sold May 2024£220,000 | 2 Bed Flat5, Recreation Way, Mitcham, CR4 1PJ5, Recreation Way, Mitcham, CR4 1PJ
- Sold Aug 2019£215,000 | 2 Bed FlatFlat 8, Matthew Court, Commonside East, Mitcham, CR4 1HHFlat 8, Matthew Court, Commonside East, Mitcham, CR4 1HH
- Sold Jan 2019£200,000 | 2 Bed Flat2, Gloucester Court, Mitcham, CR4 1QW2, Gloucester Court, Mitcham, CR4 1QW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Westmorland Way, Mitcham, CR4 has a total of 41 addresses. According to our analysis of all the public data, Flat 5, 8, Westmorland Way, Mitcham is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in CR4.
More reading links
Schools Nearby
- 600mThe Sherwood School
- 700mWilliam Morris Primary School
- 700mHarris Primary Academy Merton
- 500mThe Archbishop Lanfranc Academy
- 700mHarris Academy Merton
- 1.9kmSt Mark's Church of England Academy
More reading links
Public Transport Nearby
The closest station to Flat 5, 8, Westmorland Way, Mitcham is Mitcham Junction station, which is 1.7 kilometres away.
- 1.7kmMitcham Junction
- 1.9kmNorbury
- 2.0kmMitcham Eastfields
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
