According to the public record, 20B, Montrose Gardens, Mitcham is a early-century leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 20, Montrose Gardens, Mitcham, CR4.
Montrose Gardens, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
20B, Montrose Gardens, Mitcham has 41 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated November 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 20B Montrose Gardens Mitcham as £231,492 and the rental value as £1,313 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 20B Montrose Gardens Mitcham has increased by £5,362 (2.3%) and its rental value has increased by £56 per month (4.3%).
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 20B, Montrose Gardens, Mitcham is in very good condition we estimate a sale value of £243,067 and rental value of £1,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,288 and a rental value of £1,221 per month.
If you were able to purchase this property for the estimated value of £231,492, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,138 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, 20B, Montrose Gardens, Mitcham was last sold on 03 Oct 2022 for £230,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20B, Montrose Gardens, Mitcham within a radius of 360 metres over the last 2 years.
The most recent example is Flat 11, Claire Court 23, Commonside West, Mitcham, CR4 4HA, a Leasehold flat which sold for £210,000 in Nov 2017.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montrose Gardens, Mitcham, CR4 has a total of 29 addresses. According to our analysis of all the public data, 20B, Montrose Gardens, Mitcham is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in CR4.
20B, Montrose Gardens, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 20B, Montrose Gardens, Mitcham is Mitcham Eastfields station which is 600 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 20B, Montrose Gardens, Mitcham, 65.4% of property is privately rented and 19.1% is socially 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 20B, Montrose Gardens, Mitcham, 23.5% of residents are recorded as possessing school level qualifications and 28.6% 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 20B, Montrose Gardens, 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 20B, Montrose Gardens, Mitcham, 0.3% 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 20B, Montrose Gardens, Mitcham, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.