According to the public record, 12, Inglemere Road, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 640 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12, Inglemere Road, Mitcham, CR4.
Inglemere Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
12, Inglemere Road, Mitcham has 31 entries in the Land Registry database, most recently in February 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Inglemere Road Mitcham as £378,807 and the rental value as £1,898 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 12 Inglemere Road Mitcham has increased by £19,022 (5.0%) and its rental value has increased by £109 per month (5.7%).
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 12, Inglemere Road, Mitcham is in very good condition we estimate a sale value of £397,748 and rental value of £1,993 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,291 and a rental value of £1,765 per month.
If you were able to purchase this property for the estimated value of £378,807, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,862 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, 12, Inglemere Road, Mitcham was last sold on 21 Feb 2008 for £230,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2008, the market for similar properties has risen 72.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Inglemere Road, Mitcham within a radius of 320 metres over the last 2 years.
The most recent example is 72, Tynemouth Road, Mitcham, CR4 2BP, a Leasehold flat which sold for £345,000 in Sep 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Inglemere Road, Mitcham, CR4 has a total of 55 addresses. According to our analysis of all the public data, 12, Inglemere Road, Mitcham is the 24th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in CR4.
The closest station to 12, Inglemere Road, Mitcham is Tooting station which is 100 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 12, Inglemere Road, 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 12, Inglemere Road, 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 12, Inglemere Road, 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 12, Inglemere Road, 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 12, Inglemere Road, 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.