According to the public record, 35, Morland Close, Mitcham is a mid-century freehold house with 484 ft2 of internal area and sits on a 114 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.
35, Morland Close, Mitcham has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated July 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 35 Morland Close Mitcham as £337,546 and the rental value as £1,715 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 35 Morland Close Mitcham has increased by £8,635 (2.6%) and its rental value has increased by £77 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 35, Morland Close, Mitcham is in very good condition we estimate a sale value of £354,423 and rental value of £1,801 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,918 and a rental value of £1,595 per month.
If you were able to purchase this property for the estimated value of £337,546, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,659 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, 35, Morland Close, Mitcham sits on a plot of 114m2.
We have plot size data on 22 out of 35 other houses in the postcode and 35, Morland Close, Mitcham sits on the 6th largest plot.
According to HM Land Registry, 35, Morland Close, Mitcham was last sold on 17 Dec 2018 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 20.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Morland Close, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is 9, Morland Close, Mitcham, CR4 3JT, a Freehold house which sold for £290,000 in Feb 2019.
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, 35, Morland Close, Mitcham is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in CR4.
35, Morland Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2018.
The property is connected to mains gas and has fully triple glazed windows. It is heated using room heaters.
The closest station to 35, 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 35, 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 35, 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 35, 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 35, 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 35, 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.