According to the public record, 36, Meopham Road, Mitcham is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Meopham Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
36, Meopham Road, Mitcham has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated October 2014.
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 36 Meopham Road Mitcham as £374,948 and the rental value as £1,936 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 36 Meopham Road Mitcham has increased by £8,965 (2.4%) and its rental value has increased by £78 per month (4.0%).
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 36, Meopham Road, Mitcham is in very good condition we estimate a sale value of £393,695 and rental value of £2,033 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,702 and a rental value of £1,801 per month.
If you were able to purchase this property for the estimated value of £374,948, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,843 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, 36, Meopham Road, Mitcham was last sold on 18 Feb 2021 for £329,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Meopham Road, Mitcham within a radius of 440 metres over the last 2 years.
The most recent example is 35, Marian Road, London, SW16 5HT, a Leasehold flat which sold for £435,000 in Jun 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 36, 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, 36, Meopham Road, Mitcham is the 71st largest and the 54th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in CR4.
36, Meopham Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2014.
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 36, 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 36, 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 36, 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 36, 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 36, 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 36, 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.