According to the public record, 10, Eldertree Place, Mitcham is a period leasehold apartment with 618 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Eldertree Place, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
10, Eldertree Place, Mitcham has 3 entries in the Land Registry database, most recently in April 2020 and a single entry in the EPC database dated July 2010.
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 10 Eldertree Place Mitcham as £308,886 and the rental value as £1,805 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 10 Eldertree Place Mitcham has increased by £7,385 (2.4%) and its rental value has increased by £73 per month (4.0%).
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 10, Eldertree Place, Mitcham is in very good condition we estimate a sale value of £324,330 and rental value of £1,895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,264 and a rental value of £1,678 per month.
If you were able to purchase this property for the estimated value of £308,886, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,518 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, 10, Eldertree Place, Mitcham was last sold on 01 Apr 2020 for £315,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2020, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Eldertree Place, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 12, Eldertree Place, Mitcham, CR4 1AH, a Leasehold flat which sold for £317,000 in Mar 2022.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 450 metres radius of 10, Eldertree Place, Mitcham over the last 2 years.
Most recently 57, Grove Road, Mitcham, CR4 1SL, a Freehold house let by Your Home Managed in Jun 2024.
Eldertree Place, Mitcham, CR4 has a total of 16 addresses. According to our analysis of all the public data, 10, Eldertree Place, Mitcham is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in CR4.
10, Eldertree Place, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 10, Eldertree Place, Mitcham is Mitcham Eastfields station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Eldertree Place, Mitcham, 39.5% of property is socially rented and 34.1% 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 10, Eldertree Place, Mitcham, 28.6% of residents are recorded as possessing school level qualifications and 39.5% 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 10, Eldertree Place, Mitcham, the average age was 35.1 and the most common age was 37.
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 10, Eldertree Place, Mitcham, 0.0% 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 10, Eldertree Place, Mitcham, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.