According to the public record, 11, Morland Close, Mitcham is a modern freehold house with 624 ft2 of internal area and sits on a 66.6 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Morland Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
11, Morland Close, Mitcham has 2 entries in the Land Registry database, most recently in May 2018 and a single entry in the EPC database dated June 2017.
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 11 Morland Close Mitcham as £387,369 and the rental value as £1,968 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 11 Morland Close Mitcham has increased by £9,909 (2.6%) and its rental value has increased by £88 per month (4.5%).
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 11, Morland Close, Mitcham is in very good condition we estimate a sale value of £406,738 and rental value of £2,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,253 and a rental value of £1,831 per month.
If you were able to purchase this property for the estimated value of £387,369, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,904 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 data from HM Land Registry, 11, Morland Close, Mitcham sits on a plot of 67m2.
We have plot size data on 22 out of 35 other houses in the postcode and 11, Morland Close, Mitcham sits on the 22nd largest plot.
According to HM Land Registry, 11, Morland Close, Mitcham was last sold on 18 May 2018 for £332,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2018, the market for similar properties has risen 18.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Morland Close, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is 31, Morland Close, Mitcham, CR4 3JT, a Freehold house which sold for £400,000 in Oct 2021.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morland Close, Mitcham, CR4 has a total of 35 addresses. According to our analysis of all the public data, 11, Morland Close, Mitcham is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in CR4.
11, Morland Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2017.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 11, Morland Close, Mitcham is Mitcham Eastfields station which is 1.3 kilometres 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 11, Morland Close, Mitcham, 33.3% of property is privately owned with a mortgage and 29.6% is privately rented.
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 11, Morland Close, Mitcham, 27.8% of residents are recorded as possessing school level qualifications and 38.2% 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 11, Morland Close, Mitcham, the average age was 34.8 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 11, Morland Close, 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 11, Morland Close, Mitcham, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.