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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 B, 30, Gorringe Park Avenue, Mitcham is £451,211 and the estimated rental value is £2,428 per month.
The apartment is within 30, Gorringe Park Avenue, Mitcham, CR4.
Gorringe Park Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat B, 30, Gorringe Park Avenue, Mitcham has 2 entries in the Land Registry , most recently in March 2014 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 B, 30, Gorringe Park Avenue, Mitcham is in very good condition we estimate a sale value of £473,772 and a rental value of £2,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £419,627 and a rental value of £2,258 per month.
Over the past 12 months, the estimated sale value of Flat B, 30, Gorringe Park Avenue, Mitcham has fallen by £14,252 (3.2%), while its estimated rental value has moved up by £72 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Flat B, 30, Gorringe Park Avenue, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2023.
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 B, 30, Gorringe Park Avenue, Mitcham was last sold on 27th March 2014 for £350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2014, the market for similar properties has dropped by 21.5%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 30, Gorringe Park Avenue, Mitcham within a radius of 350 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.
Gorringe Park Avenue, Mitcham, CR4 has a total of 171 addresses. According to our analysis of all the public data, Flat B, 30, Gorringe Park Avenue, Mitcham is the 71st largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in CR4.
The closest station to Flat B, 30, Gorringe Park Avenue, Mitcham is Tooting station, which is 300 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat B, 30, Gorringe Park Avenue, Mitcham, 38.8% of property is privately rented and 37.4% is privately owned with a mortgage.
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 B, 30, Gorringe Park Avenue, Mitcham, 17.3% of residents are recorded as possessing school level qualifications and 59.3% 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 B, 30, Gorringe Park Avenue, Mitcham, the average age was 35.3 and the most common age was 32.
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 B, 30, Gorringe Park Avenue, Mitcham, 0.9% 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 B, 30, Gorringe Park Avenue, 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.