According to the public record, 60, Meopham Road, Mitcham is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Meopham Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
60, Meopham Road, Mitcham has 61 entries in the Land Registry database, most recently in April 2020 and a single entry in the EPC database dated January 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 60 Meopham Road Mitcham as £306,439 and the rental value as £1,879 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 60 Meopham Road Mitcham has increased by £9,489 (3.1%) and its rental value has increased by £89 per month (4.8%).
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 60, Meopham Road, Mitcham is in very good condition we estimate a sale value of £321,761 and rental value of £1,973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,988 and a rental value of £1,747 per month.
If you were able to purchase this property for the estimated value of £306,439, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,506 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, 60, Meopham Road, Mitcham was last sold on 23 Apr 2020 for £340,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Apr 2020, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Meopham Road, Mitcham within a radius of 440 metres over the last 2 years.
The most recent example is Flat 23, Medlar House, Hemlock Close, London, SW16 5PS, a Leasehold flat which sold for £297,000 in Jul 2024.
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 1 let within a 440 metres radius of 60, Meopham Road, Mitcham over the last 2 years.
Most recently 112, Veronica Gardens, London, SW16 5JS, a Leasehold flat let by Your Home Managed in Dec 2023.
Meopham Road, Mitcham, CR4 has a total of 103 addresses. According to our analysis of all the public data, 60, Meopham Road, Mitcham is the 49th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in CR4.
60, Meopham Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 60, 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 60, Meopham Road, Mitcham, 39.5% of property is socially rented and 34.1% 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 60, Meopham Road, Mitcham, 28.6% of residents are recorded as possessing school level qualifications and 39.5% 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 60, 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 60, 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 60, Meopham Road, 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.