Flat 7, Eldacrest House 27
Flat 7, Eldacrest House 27
Description & Estimates
Flat 7, Eldacrest House 27, Mitcham is described in the public record as a mid-century apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 7, Eldacrest House 27, Mitcham is £221,350 and its rental estimate is £1,414 per month, given the available information and assuming reasonable condition.
Eldacrest House, Raleigh Gardens is a residential building on Raleigh Gardens, Mitcham, CR4 and falls within the CR4 postal district and the borough of Merton.
Our Data Sources
Flat 7, Eldacrest House 27, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 7, Eldacrest House 27, Mitcham, we estimate a market value of £232,417 and a rental value of £1,485 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,855 and £1,315 per month respectively.
Recent Market Change
Over the last year, Flat 7, Eldacrest House 27, Mitcham has seen its estimated sale value fall by £4,347 (2.0%) and its estimated rental value move up by £51 per month (3.6%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
Flat 7, Eldacrest House 27, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, Eldacrest House 27, Mitcham have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2022, was 9A, Upper Green East, Mitcham, CR4 2PE, a leasehold flat which sold for £550,000.
Read more about house prices in CR4.
- Sold Dec 2022£550,000 | 1 Bed FlatUpper Green East9A, Upper Green East, Mitcham, CR4 2PE
- Sold Nov 2021£187,000 | 1 Bed FlatAbinger House 207A, London RoadFlat 6, Abinger House 207A, London Road, Mitcham, CR4 2JD
- Sold Sep 2020£220,000 | 2 Bed FlatChatsworth Place18, Chatsworth Place, Mitcham, CR4 4NN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Raleigh Gardens, Mitcham, CR4, Flat 7, Eldacrest House 27, Mitcham comes out as the 45th largest and the 45th most expensive in our analysis of the public data.
It is also £171k less expensive than the average property across the CR4 district.
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Schools Nearby
- 300mSt Mark's Primary School
- 400mBond Primary School
- 500mSt Thomas of Canterbury Catholic Primary School
- 800mSt Mark's Church of England Academy
- 1.7kmHarris Academy Wimbledon
- 1.8kmHarris Academy Morden
More reading links
Public Transport Nearby
From Flat 7, Eldacrest House 27, Mitcham, the nearest station is Mitcham Eastfields, 900 metres away.
- 900mMitcham Eastfields
- 1.5kmMitcham Junction
- 1.6kmColliers Wood
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
