According to the public record, 1 White Cottages, Lower Green West, Mitcham is a period leasehold apartment with 1,334 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Lower Green West, Mitcham, CR4.
Lower Green West, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
1 White Cottages, Lower Green West, Mitcham has 8 entries in the Land Registry database, most recently in February 2016 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 White Cottages Lower Green West Mitcham as £584,719 and the rental value as £2,982 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 1 White Cottages Lower Green West Mitcham has increased by £15,863 (2.7%) and its rental value has increased by £139 per month (4.7%).
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 1 White Cottages, Lower Green West, Mitcham is in very good condition we estimate a sale value of £613,955 and rental value of £3,131 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £543,788 and a rental value of £2,773 per month.
If you were able to purchase this property for the estimated value of £584,719, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,874 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 White Cottages, Lower Green West, Mitcham was last sold on 15 Feb 2016 for £375,000 and was recorded as a leasehold flat.
The property has had 8 sales since 1995.
Since Feb 2016, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 420 metres radius of 1 White Cottages, Lower Green West, Mitcham over the last 2 years.
The most recent example is 1 Cricketers Cottages, Lower Green West, Mitcham, CR4 3AF, a Leasehold flat which sold for £375,000 in Feb 2016.
Read more about house prices in CR4.
Lower Green West, Mitcham, CR4 has a total of 64 addresses. According to our analysis of all the public data, 1 White Cottages, Lower Green West, Mitcham is the largest and the most expensive property on the street.
When compared to the postcode district it is £190k more expensive than the average property in CR4.
1 White Cottages, Lower Green West, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1 White Cottages, Lower Green West, Mitcham is Mitcham Eastfields station which is 1.3 kilometres away.