According to the public record, 162, Acacia Road, Mitcham is a mid-century leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Acacia Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
162, Acacia Road, Mitcham has a single entry in the Land Registry database from October 2008 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 162 Acacia Road Mitcham as £211,748 and the rental value as £1,325 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 162 Acacia Road Mitcham has increased by £5,047 (2.4%) and its rental value has increased by £57 per month (4.3%).
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 162, Acacia Road, Mitcham is in very good condition we estimate a sale value of £222,336 and rental value of £1,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,926 and a rental value of £1,232 per month.
If you were able to purchase this property for the estimated value of £211,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,041 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, 162, Acacia Road, Mitcham was last sold on 10 Oct 2008 for £117,471 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2008, the market for similar properties has risen 82.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 162, Acacia Road, Mitcham within a radius of 470 metres over the last 2 years.
The most recent example is 41, Firs Close, Mitcham, CR4 1AX, a Leasehold flat which sold for £218,000 in Dec 2023.
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 470 metres radius of 162, Acacia Road, Mitcham over the last 2 years.
Most recently Flat 17, Jupiter House, Esquiline Lane, Mitcham, CR4 1GH, a Leasehold flat let by Your Home Managed in Jul 2024.
Acacia Road, Mitcham, CR4 has a total of 116 addresses. According to our analysis of all the public data, 162, Acacia Road, Mitcham is the 105th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in CR4.
162, Acacia Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2023.
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 162, Acacia Road, Mitcham is Mitcham Eastfields station which is 300 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 162, Acacia Road, Mitcham, 64.3% of property is socially rented and 13.6% 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 162, Acacia Road, Mitcham, 31.6% of residents are recorded as possessing school level qualifications and 24.5% 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 162, Acacia Road, 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 162, Acacia Road, Mitcham, 1.4% 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 162, Acacia Road, Mitcham, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.