According to the public record, 18A, Wide Way, Mitcham is a early-century apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 18, Wide Way, Mitcham, CR4.
Wide Way, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
18A, Wide Way, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2016.
We combine this information with public data 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 18A Wide Way Mitcham as £212,756 and the rental value as £1,280 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 18A Wide Way Mitcham has increased by £4,869 (2.3%) and its rental value has increased by £46 per month (3.6%).
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 18A, Wide Way, Mitcham is in very good condition we estimate a sale value of £223,394 and rental value of £1,343 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,863 and a rental value of £1,190 per month.
If you were able to purchase this property for the estimated value of £212,756, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,046 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, 18A, Wide Way, Mitcham was last sold on 14 Jan 2005 for £119,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18A, Wide Way, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 29, Robinhood Lane, Mitcham, CR4 1JL, a Leasehold flat which sold for £210,200 in Oct 2020.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wide Way, Mitcham, CR4 has a total of 126 addresses. According to our analysis of all the public data, 18A, Wide Way, Mitcham is the 125th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in CR4.
18A, Wide Way, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2016.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 18A, Wide Way, Mitcham is Norbury station which is 1.4 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 18A, Wide Way, Mitcham, 38.7% of property is privately owned outright and 31.5% 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 18A, Wide Way, Mitcham, 19.2% of residents are recorded as possessing school level qualifications and 27.2% 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 18A, Wide Way, Mitcham, the average age was 36.3 and the most common age was 12.
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 18A, Wide Way, Mitcham, 1.5% 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 18A, Wide Way, Mitcham, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.