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According to the public record, Flat 9, Bailey House 77, Mitcham is a modern leasehold apartment with 581 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 9, Bailey House 77, Mitcham is £240,820 and the estimated rental value is £1,562 per month.
The apartment is within Bailey House, Miles Road, Mitcham, CR4.
Miles Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 9, Bailey House 77, Mitcham has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated April 2017.
We combine this information with that 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 9, Bailey House 77, Mitcham is in very good condition we estimate a sale value of £252,861 and a rental value of £1,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,962 and a rental value of £1,452 per month.
Over the last 12 months the sale value of Flat 9 Bailey House 77 Mitcham has decreased by an estimated £4,730 (2.0%) and its rental value has increased by an estimated £56 per month (3.6%), giving an expected gross yield of 7.8%.
Flat 9, Bailey House 77, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 9, Bailey House 77, Mitcham was last sold on 28th June 2019 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2019, the market for similar properties has risen 23.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Bailey House 77, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is Flat 7, Bowyer House 79, Miles Road, Mitcham, CR4 3FF, a leasehold flat which sold for £126,500 on the 15th February 2021.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Miles Road, Mitcham, CR4 has a total of 160 addresses. According to our analysis of all the public data, Flat 9, Bailey House 77, Mitcham is the 114th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in CR4.
The nearest school is Benedict Academy which is 500 metres away. The nearest train station is Mitcham Eastfields which is 1.3 kilometres away.
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