According to the public record, 79, De'Arn Gardens, Mitcham is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
De'Arn Gardens, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
79, De'Arn Gardens, Mitcham has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated December 2018.
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 79 De'Arn Gardens Mitcham as £255,791 and the rental value as £1,492 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 79 De'Arn Gardens Mitcham has increased by £5,643 (2.2%) and its rental value has increased by £62 per month (4.1%).
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 79, De'Arn Gardens, Mitcham is in very good condition we estimate a sale value of £268,581 and rental value of £1,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,886 and a rental value of £1,387 per month.
If you were able to purchase this property for the estimated value of £255,791, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,257 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, 79, De'Arn Gardens, Mitcham was last sold on 07 Dec 2017 for £235,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79, De'Arn Gardens, Mitcham within a radius of 350 metres over the last 2 years.
The most recent example is 77, De'Arn Gardens, Mitcham, CR4 3AZ, a Leasehold flat which sold for £270,000 in Aug 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
De'Arn Gardens, Mitcham, CR4 has a total of 81 addresses. According to our analysis of all the public data, 79, De'Arn Gardens, Mitcham is the 51st largest and the 58th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in CR4.
79, De'Arn Gardens, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Dec 2018.
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 79, De'Arn Gardens, Mitcham is Mitcham Eastfields station which is 1.2 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 79, De'Arn Gardens, Mitcham, 38.7% of property is socially rented and 27.0% 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 79, De'Arn Gardens, Mitcham, 20.9% of residents are recorded as possessing school level qualifications and 32.4% 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 79, De'Arn Gardens, Mitcham, the average age was 34.8 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 79, De'Arn Gardens, Mitcham, 0.6% 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 79, De'Arn Gardens, Mitcham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.