According to the public record, 63, St. Marks Road, Mitcham is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
St. Marks Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
63, St. Marks Road, Mitcham has 21 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated August 2015.
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 63 St. Marks Road Mitcham as £256,540 and the rental value as £1,580 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 63 St. Marks Road Mitcham has increased by £5,054 (2.0%) and its rental value has increased by £62 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 63, St. Marks Road, Mitcham is in very good condition we estimate a sale value of £269,367 and rental value of £1,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,583 and a rental value of £1,469 per month.
If you were able to purchase this property for the estimated value of £256,540, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,261 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, 63, St. Marks Road, Mitcham was last sold on 28 Jul 2017 for £256,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2017, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, St. Marks Road, Mitcham within a radius of 380 metres over the last 2 years.
The most recent example is Flat 24, Paxton Court, Armfield Crescent, Mitcham, CR4 2JY, a Leasehold flat which sold for £260,000 in Jun 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Marks Road, Mitcham, CR4 has a total of 41 addresses. According to our analysis of all the public data, 63, St. Marks Road, Mitcham is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in CR4.
63, St. Marks Road, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 2015.
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 63, St. Marks Road, Mitcham is Mitcham Eastfields station which is 500 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 63, St. Marks Road, Mitcham, 43.5% of property is socially rented and 21.3% 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 63, St. Marks Road, Mitcham, 27.3% of residents are recorded as possessing school level qualifications and 31.4% 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 63, St. Marks Road, 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 63, St. Marks 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 63, St. Marks Road, Mitcham, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.