According to the public record, 24, Mulholland Close, Mitcham is a mid-century apartment with 488 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mulholland Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
24, Mulholland Close, Mitcham has no records in the Land Registry database and a single entry in the EPC database dated March 2010.
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 24 Mulholland Close Mitcham as £191,902 and the rental value as £1,200 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 24 Mulholland Close Mitcham has increased by £4,574 (2.4%) and its rental value has increased by £51 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 24, Mulholland Close, Mitcham is in very good condition we estimate a sale value of £201,497 and rental value of £1,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,469 and a rental value of £1,116 per month.
If you were able to purchase this property for the estimated value of £191,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £943 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Mulholland Close, Mitcham within a radius of 480 metres over the last 2 years.
The most recent example is 21, Clay Avenue, Mitcham, CR4 1BS, a Leasehold flat which sold for £205,000 in Mar 2021.
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 480 metres radius of 24, Mulholland Close, 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.
Mulholland Close, Mitcham, CR4 has a total of 69 addresses. According to our analysis of all the public data, 24, Mulholland Close, Mitcham is the 64th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in CR4.
24, Mulholland Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2010.
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, Mulholland Close, Mitcham is Mitcham Eastfields station which is 400 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 24, Mulholland Close, Mitcham, 54.7% of property is socially rented and 22.1% 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, Mulholland Close, Mitcham, 32.5% of residents are recorded as possessing school level qualifications and 34.4% 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 24, Mulholland Close, 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 24, Mulholland 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, Mulholland 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.