According to the public record, 18, Proctor Close, Mitcham is a modern apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Proctor Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
18, Proctor Close, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2016.
We combine this information with public data 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 18 Proctor Close Mitcham as £310,862 and the rental value as £1,679 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 18 Proctor Close Mitcham has increased by £6,124 (2.0%) and its rental value has increased by £66 per month (3.9%).
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 18, Proctor Close, Mitcham is in very good condition we estimate a sale value of £326,405 and rental value of £1,763 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,101 and a rental value of £1,561 per month.
If you were able to purchase this property for the estimated value of £310,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,528 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, 18, Proctor Close, Mitcham was last sold on 18 May 2001 for £105,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Proctor Close, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is 20, Kennedy Close, Mitcham, CR4 2AR, a Leasehold flat which sold for £290,000 in Oct 2021.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Proctor Close, Mitcham, CR4 has a total of 18 addresses. According to our analysis of all the public data, 18, Proctor Close, Mitcham is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in CR4.
18, Proctor Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 18, Proctor Close, Mitcham is Mitcham Eastfields station which is 500 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 18, Proctor Close, Mitcham, 41.3% of property is privately rented and 23.9% is privately owned outright.
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 18, Proctor Close, Mitcham, 16.0% of residents are recorded as possessing school level qualifications and 39.4% 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 18, Proctor Close, Mitcham, the average age was 37.3 and the most common age was 42.
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 18, Proctor 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 18, Proctor Close, 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.