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Company No. 11113204
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Flat 9, Eldacrest House 27, Mitcham is described in the public record as a mid-century apartment with 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 9, Eldacrest House 27, Mitcham is £241,685 and its rental estimate is £1,539 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.
Flat 9, 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.
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 9, Eldacrest House 27, Mitcham, we estimate a market value of £253,769 and a rental value of £1,616 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,767 and £1,431 per month respectively.
Over the last year, Flat 9, Eldacrest House 27, Mitcham has seen its estimated sale value decrease by £4,747 (2.0%) and its estimated rental value grow by £55 per month (3.6%). This results in an estimated gross rental yield of 7.6%.
Flat 9, Eldacrest House 27, Mitcham has an Energy Performance Rating (EPC) of D. 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.
Over the past 2 years 3 properties similar to Flat 9, 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 23rd February 2024, was Flat 14, Abinger House 207A, London Road, Mitcham, CR4 2JD, a leasehold flat which sold for £215,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on Raleigh Gardens, Mitcham, CR4, Flat 9, Eldacrest House 27, Mitcham comes out as the 38th largest and the 38th most expensive in our analysis of the public data.
It is also £151k less expensive than the average property across the CR4 district.
From Flat 9, Eldacrest House 27, Mitcham, the nearest station is Mitcham Eastfields, 900 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, Eldacrest House 27, Mitcham, 44.0% of property is socially rented and 27.2% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 9, Eldacrest House 27, Mitcham, 28.7% of residents are recorded as possessing school level qualifications and 25.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 9, Eldacrest House 27, Mitcham, the average age was 34.8 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 9, Eldacrest House 27, Mitcham, 0.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 9, Eldacrest House 27, Mitcham, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
