According to the public record, 28, Meopham Road, Mitcham is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Meopham Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
28, Meopham Road, Mitcham has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated February 2015.
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 28 Meopham Road Mitcham as £346,344 and the rental value as £1,788 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 28 Meopham Road Mitcham has increased by £8,493 (2.5%) and its rental value has increased by £73 per month (4.1%).
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 28, Meopham Road, Mitcham is in very good condition we estimate a sale value of £363,661 and rental value of £1,878 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,100 and a rental value of £1,663 per month.
If you were able to purchase this property for the estimated value of £346,344, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,702 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, 28, Meopham Road, Mitcham was last sold on 11 Nov 2019 for £214,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Meopham Road, Mitcham within a radius of 440 metres over the last 2 years.
The most recent example is 12, Eldertree Place, Mitcham, CR4 1AH, a Leasehold flat which sold for £317,000 in Mar 2022.
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 440 metres radius of 28, Meopham Road, Mitcham over the last 2 years.
Most recently 57, Grove Road, Mitcham, CR4 1SL, a Freehold house let by Your Home Managed in Jun 2024.
Meopham Road, Mitcham, CR4 has a total of 103 addresses. According to our analysis of all the public data, 28, Meopham Road, Mitcham is the 70th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in CR4.
28, Meopham Road, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2015.
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 28, Meopham Road, Mitcham is Mitcham Eastfields station which is 700 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 28, Meopham Road, Mitcham, 34.0% of property is privately owned with a mortgage and 24.7% 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 28, Meopham Road, Mitcham, 21.5% of residents are recorded as possessing school level qualifications and 35.4% 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 28, Meopham Road, 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 28, Meopham 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 28, Meopham Road, 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.