According to the public record, 17, Brecon Close, Mitcham is a mid-century leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Brecon Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
17, Brecon Close, Mitcham has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated October 2021.
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 17 Brecon Close Mitcham as £182,801 and the rental value as £1,143 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 17 Brecon Close Mitcham has increased by £3,912 (2.1%) and its rental value has increased by £39 per month (3.4%).
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 17, Brecon Close, Mitcham is in very good condition we estimate a sale value of £191,941 and rental value of £1,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,005 and a rental value of £1,063 per month.
If you were able to purchase this property for the estimated value of £182,801, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £898 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, 17, Brecon Close, Mitcham was last sold on 23 Jun 2022 for £185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Brecon Close, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 21, Kent Close, Mitcham, CR4 1XN, a Leasehold flat which sold for £200,000 in Dec 2021.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brecon Close, Mitcham, CR4 has a total of 75 addresses. According to our analysis of all the public data, 17, Brecon Close, Mitcham is the 65th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in CR4.
17, Brecon Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2021.
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 17, Brecon Close, Mitcham is Norbury station which is 1.4 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 17, Brecon Close, Mitcham, 33.3% of property is socially rented and 26.8% 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 17, Brecon Close, Mitcham, 24.0% of residents are recorded as possessing school level qualifications and 35.0% 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 17, Brecon Close, Mitcham, the average age was 36.3 and the most common age was 12.
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 17, Brecon 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 17, Brecon Close, Mitcham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.