According to the public record, 8, Chatsworth Place, Mitcham is a mid-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Chatsworth Place, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
8, Chatsworth Place, Mitcham has 31 entries in the Land Registry database, most recently in June 2010 and a single entry in the EPC database dated August 2020.
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 8 Chatsworth Place Mitcham as £267,588 and the rental value as £1,591 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 8 Chatsworth Place Mitcham has increased by £5,519 (2.1%) and its rental value has increased by £64 per month (4.0%).
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 8, Chatsworth Place, Mitcham is in very good condition we estimate a sale value of £280,968 and rental value of £1,670 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,857 and a rental value of £1,479 per month.
If you were able to purchase this property for the estimated value of £267,588, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,315 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, 8, Chatsworth Place, Mitcham was last sold on 24 Jun 2010 for £163,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2010, the market for similar properties has risen 80.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chatsworth Place, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is 146 Glebe Court, London Road, Mitcham, CR4 3NU, a Leasehold flat which sold for £240,000 in May 2024.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chatsworth Place, Mitcham, CR4 has a total of 69 addresses. According to our analysis of all the public data, 8, Chatsworth Place, Mitcham is the 25th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in CR4.
8, Chatsworth Place, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Aug 2020.
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 8, Chatsworth Place, Mitcham is Mitcham Eastfields station which is 1.0 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 8, Chatsworth Place, Mitcham, 39.5% of property is privately rented and 21.1% 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 8, Chatsworth Place, Mitcham, 13.2% of residents are recorded as possessing school level qualifications and 41.4% 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 8, Chatsworth Place, Mitcham, the average age was 38.9 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 8, Chatsworth Place, 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 8, Chatsworth Place, 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.