According to the public record, 41, Graham Avenue, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 705 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Graham Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
41, Graham Avenue, Mitcham has 31 entries in the Land Registry database, most recently in June 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 41 Graham Avenue Mitcham as £400,134 and the rental value as £1,997 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 41 Graham Avenue Mitcham has increased by £8,552 (2.1%) and its rental value has increased by £80 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 41, Graham Avenue, Mitcham is in very good condition we estimate a sale value of £420,141 and rental value of £2,096 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,125 and a rental value of £1,857 per month.
If you were able to purchase this property for the estimated value of £400,134, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,967 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, 41, Graham Avenue, Mitcham was last sold on 14 Jun 2013 for £208,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2013, the market for similar properties has risen 60.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Graham Avenue, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, 63, Graham Road, Mitcham, CR4 2HB, a Leasehold flat which sold for £425,000 in Mar 2021.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Graham Avenue, Mitcham, CR4 has a total of 78 addresses. According to our analysis of all the public data, 41, Graham Avenue, Mitcham is the 39th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in CR4.
The closest station to 41, Graham Avenue, Mitcham is Mitcham Eastfields station which is 400 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 41, Graham Avenue, Mitcham, 32.9% of property is privately rented and 27.0% is privately owned with a mortgage.
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 41, Graham Avenue, Mitcham, 17.5% of residents are recorded as possessing school level qualifications and 44.4% 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 41, Graham Avenue, Mitcham, the average age was 37.3 and the most common age was 42.
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 41, Graham Avenue, Mitcham, 1.2% 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 41, Graham Avenue, 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.