According to the public record, 6, Dorset Gardens, Mitcham is a mid-century leasehold apartment with 789 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Dorset Gardens, Mitcham, CR4 is located in the borough of Croydon within the CR4 postal district.
6, Dorset Gardens, Mitcham has 21 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated September 2016.
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 6 Dorset Gardens Mitcham as £264,179 and the rental value as £1,673 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 6 Dorset Gardens Mitcham has increased by £5,382 (2.0%) and its rental value has increased by £43 per month (2.6%).
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 6, Dorset Gardens, Mitcham is in very good condition we estimate a sale value of £277,388 and rental value of £1,757 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,687 and a rental value of £1,556 per month.
If you were able to purchase this property for the estimated value of £264,179, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,298 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, 6, Dorset Gardens, Mitcham was last sold on 24 Nov 2016 for £273,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Dorset Gardens, Mitcham within a radius of 430 metres over the last 2 years.
The most recent example is 8, Dorset Gardens, Mitcham, CR4 1LX, a Leasehold flat which sold for £285,000 in Apr 2020.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dorset Gardens, Mitcham, CR4 has a total of 19 addresses. According to our analysis of all the public data, 6, Dorset Gardens, Mitcham is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in CR4.
6, Dorset Gardens, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Sep 2016.
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 6, Dorset Gardens, Mitcham is Norbury station which is 1.5 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 6, Dorset Gardens, Mitcham, 36.8% of property is privately owned outright and 34.4% 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 6, Dorset Gardens, Mitcham, 20.8% of residents are recorded as possessing school level qualifications and 42.6% 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 6, Dorset Gardens, Mitcham, the average age was 37.3 and the most common age was 27.
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 6, Dorset Gardens, Mitcham, 1.3% 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 6, Dorset Gardens, Mitcham, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.