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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat A, 5, Grenfell Road, Mitcham is £478,637 and the estimated rental value is £2,506 per month.
The apartment is within 5, Grenfell Road, Mitcham, CR4.
Grenfell Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat A, 5, Grenfell Road, Mitcham has a single entry in the Land Registry from November 2011 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property 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 A, 5, Grenfell Road, Mitcham is in very good condition we estimate a sale value of £502,569 and a rental value of £2,631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,133 and a rental value of £2,330 per month.
Over the last 12 months the sale value of Flat A 5 Grenfell Road Mitcham has decreased by an estimated £12,084 (2.5%) and its rental value has increased by an estimated £77 per month (3.1%), giving an expected gross yield of 6.3%.
Flat A, 5, Grenfell Road, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 2022.
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 A, 5, Grenfell Road, Mitcham was last sold on 29th November 2011 for £159,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2011, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 5, Grenfell Road, Mitcham within a radius of 300 metres over the last 2 years.
The most recent example is 2A, Inglemere Road, Mitcham, CR4 2BT, a leasehold flat which sold for £525,000 on the 14th June 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grenfell Road, Mitcham, CR4 has a total of 130 addresses. According to our analysis of all the public data, Flat A, 5, Grenfell Road, Mitcham is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in CR4.
The nearest school is Links Primary School which is 357 metres away. The nearest train station is Tooting which is 100 metres away.
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