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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 9, Heath Lodge, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 602 ft2 of internal area and a balcony.
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, Heath Lodge, Mitcham is £239,997 and the estimated rental value is £1,555 per month.
The apartment is within Heath Lodge, Talbot Close, Mitcham, CR4.
Talbot Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 9, Heath Lodge, Mitcham has a single entry in the Land Registry from July 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Heath Lodge, Mitcham is in very good condition we estimate a sale value of £251,997 and a rental value of £1,633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,197 and a rental value of £1,446 per month.
Over the last 12 months the sale value of Flat 9 Heath Lodge Mitcham has decreased by an estimated £5,011 (2.1%) and its rental value has increased by an estimated £64 per month (4.1%), giving an expected gross yield of 7.8%.
According to HM Land Registry, Flat 9, Heath Lodge, Mitcham was last sold on 19th July 2017 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2017, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Heath Lodge, Mitcham within a radius of 630 metres over the last 2 years.
The most recent example is Flat 20, Oak Lodge, Talbot Close, Mitcham, CR4 1FF, a leasehold flat which sold for £245,000 on the 14th February 2022.
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 9, Heath Lodge, Mitcham is the 153rd largest and the 193rd most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in CR4.
The nearest school is The Sherwood School which is 200 metres away. The nearest train station is Mitcham Junction which is 1.1 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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