According to the public record, 27, Dorset Road, Mitcham is a early-century leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Dorset Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
27, Dorset Road, Mitcham has 21 entries in the Land Registry database, most recently in May 2011 and a single entry in the EPC database dated December 2018.
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 27 Dorset Road Mitcham as £371,570 and the rental value as £2,190 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 27 Dorset Road Mitcham has increased by £9,354 (2.5%) and its rental value has increased by £97 per month (4.4%).
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 27, Dorset Road, Mitcham is in very good condition we estimate a sale value of £390,149 and rental value of £2,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,560 and a rental value of £2,037 per month.
If you were able to purchase this property for the estimated value of £371,570, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,826 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, 27, Dorset Road, Mitcham was last sold on 23 May 2011 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2011, the market for similar properties has risen 87.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Dorset Road, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is 8, Dorset Road, Mitcham, CR4 3ES, a Leasehold flat which sold for £380,000 in Sep 2021.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dorset Road, Mitcham, CR4 has a total of 31 addresses. According to our analysis of all the public data, 27, Dorset Road, Mitcham is the 12th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in CR4.
27, Dorset Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Dec 2018.
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 27, Dorset Road, Mitcham is Mitcham Eastfields station which is 1.0 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 27, Dorset Road, Mitcham, 43.0% of property is socially rented and 21.5% 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 27, Dorset Road, Mitcham, 17.0% of residents are recorded as possessing school level qualifications and 32.0% 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 27, Dorset Road, 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 27, Dorset Road, 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 27, Dorset Road, 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.