According to the public record, 5, Kennedy Close, Mitcham is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kennedy Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
5, Kennedy Close, Mitcham has 61 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated November 2023.
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 5 Kennedy Close Mitcham as £277,854 and the rental value as £1,623 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 5 Kennedy Close Mitcham has increased by £5,474 (2.0%) and its rental value has increased by £63 per month (3.9%).
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 5, Kennedy Close, Mitcham is in very good condition we estimate a sale value of £291,746 and rental value of £1,704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,404 and a rental value of £1,509 per month.
If you were able to purchase this property for the estimated value of £277,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,366 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, 5, Kennedy Close, Mitcham was last sold on 27 Aug 2021 for £250,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Aug 2021, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Kennedy Close, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is Flat 15, 21, Eastfields Road, Mitcham, CR4 2LS, a Leasehold flat which sold for £150,000 in Aug 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kennedy Close, Mitcham, CR4 has a total of 24 addresses. According to our analysis of all the public data, 5, Kennedy Close, Mitcham is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in CR4.
5, Kennedy Close, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 5, Kennedy Close, 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 5, Kennedy Close, Mitcham, 41.3% of property is privately rented and 23.9% is privately owned outright.
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 5, Kennedy Close, Mitcham, 16.0% of residents are recorded as possessing school level qualifications and 39.4% 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 5, Kennedy Close, 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 5, Kennedy 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 5, Kennedy 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.