According to the public record, 24, Morland Close, Mitcham is a modern freehold house with 645 ft2 of internal area and sits on a 92.9 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.
24, Morland Close, Mitcham has 31 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated December 2013.
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 24 Morland Close Mitcham as £393,928 and the rental value as £2,002 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 24 Morland Close Mitcham has increased by £10,077 (2.6%) and its rental value has increased by £90 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 24, Morland Close, Mitcham is in very good condition we estimate a sale value of £413,625 and rental value of £2,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,353 and a rental value of £1,862 per month.
If you were able to purchase this property for the estimated value of £393,928, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,936 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, 24, Morland Close, Mitcham sits on a plot of 93m2.
We have plot size data on 22 out of 35 other houses in the postcode and 24, Morland Close, Mitcham sits on the 13th largest plot.
According to HM Land Registry, 24, Morland Close, Mitcham was last sold on 28 Jun 2019 for £345,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2019, the market for similar properties has risen 20.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, 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, 24, Morland Close, Mitcham is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £779 less expensive than the average property in CR4.
24, Morland Close, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Dec 2013.
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 24, 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 24, 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 24, 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 24, 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 24, 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 24, 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.