According to the public record, 31, Illingworth Close, Mitcham is a mid-century leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Illingworth Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
31, Illingworth Close, Mitcham has 3 entries in the Land Registry database, most recently in December 2010 and a single entry in the EPC database dated October 2019.
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 31 Illingworth Close Mitcham as £202,378 and the rental value as £1,260 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 31 Illingworth Close Mitcham has increased by £5,209 (2.6%) and its rental value has increased by £56 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 31, Illingworth Close, Mitcham is in very good condition we estimate a sale value of £212,497 and rental value of £1,323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,211 and a rental value of £1,172 per month.
If you were able to purchase this property for the estimated value of £202,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £995 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, 31, Illingworth Close, Mitcham was last sold on 13 Dec 2010 for £116,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2010, the market for similar properties has risen 82.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Illingworth Close, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 7, Illingworth Close, Mitcham, CR4 3QF, a Leasehold flat which sold for £215,000 in Oct 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Illingworth Close, Mitcham, CR4 has a total of 89 addresses. According to our analysis of all the public data, 31, Illingworth Close, Mitcham is the 64th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in CR4.
31, Illingworth Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Oct 2019.
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 31, Illingworth Close, Mitcham is Morden station which is 1.1 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 31, Illingworth Close, Mitcham, 48.9% of property is socially rented and 22.7% 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 31, Illingworth Close, Mitcham, 23.3% of residents are recorded as possessing school level qualifications and 33.6% 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 31, Illingworth 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 31, Illingworth 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 31, Illingworth 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.