Flat 9, Lear House
Flat 9, Lear House
Description & Estimates
According to the public record, Flat 9, Lear House, Mitcham is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, Lear House, Mitcham is £293,580 and the estimated rental value is £1,632 per month.
The apartment is within Lear House, Aventine Avenue, Mitcham, CR4.
Aventine Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Our Data Sources
Flat 9, Lear House, Mitcham has a single entry in the Land Registry from December 2012 and a single entry in the EPC database dated June 2024.
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.
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 9, Lear House, Mitcham is in very good condition we estimate a sale value of £308,259 and a rental value of £1,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,029 and a rental value of £1,518 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 9, Lear House, Mitcham has decreased by £6,130 (2.1%), while its estimated rental value has grown by £67 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
Flat 9, Lear House, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Flat 9, Lear House, Mitcham was last sold on 20th December 2012 for £161,495 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2012, the market for similar properties has risen by 60.7%.
- Sold Dec 2012£161,495
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 9, Lear House, Mitcham within a radius of 490 metres over the last 2 years.
The most recent example is Flat 26, Lear House, Aventine Avenue, Mitcham, CR4 1GE, a leasehold flat which sold for £340,000 on the 14th June 2024.
Read more about house prices in CR4.
- Sold Jun 2024£340,000 | 2 Bed FlatLear House, Aventine AvenueFlat 26, Lear House, Aventine Avenue, Mitcham, CR4 1GE
- Sold Sep 2023£262,500 | 2 Bed FlatJuliet House, Aventine AvenueFlat 7, Juliet House, Aventine Avenue, Mitcham, CR4 1GF
- Sold Dec 2020£119,250 | 2 Bed FlatLear House, Aventine AvenueFlat 3, Lear House, Aventine Avenue, Mitcham, CR4 1GE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Aventine Avenue, Mitcham, CR4 has a total of 113 addresses. According to our analysis of all the public data, Flat 9, Lear House, Mitcham is the 108th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in CR4.
More reading links
Schools Nearby
- 400mSt Thomas of Canterbury Catholic Primary School
- 600mSt Mark's Primary School
- 700mLonesome Primary School
- 300mSt Mark's Church of England Academy
- 1.4kmHarris Academy Merton
- 2.1kmGraveney School
More reading links
Public Transport Nearby
The closest station to Flat 9, Lear House, Mitcham is Mitcham Eastfields station, which is 500 metres away.
- 500mMitcham Eastfields
- 1.2kmMitcham Junction
- 1.8kmTooting
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
