According to the public record, Flat 1, Paxton Court, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 717 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Paxton Court, Armfield Crescent, Mitcham, CR4.
Armfield Crescent, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 1, Paxton Court, Mitcham has 21 entries in the Land Registry database, most recently in January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 Paxton Court Mitcham as £272,400 and the rental value as £1,678 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 1 Paxton Court Mitcham has increased by £2,219 (0.8%) and its rental value has increased by £46 per month (2.7%).
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 Flat 1, Paxton Court, Mitcham is in very good condition we estimate a sale value of £286,020 and rental value of £1,762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,332 and a rental value of £1,561 per month.
If you were able to purchase this property for the estimated value of £272,400, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,339 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, Flat 1, Paxton Court, Mitcham was last sold on 11 Jan 2007 for £147,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2007, the market for similar properties has risen 67.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Paxton Court, Mitcham within a radius of 370 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.
Armfield Crescent, Mitcham, CR4 has a total of 248 addresses. According to our analysis of all the public data, Flat 1, Paxton Court, Mitcham is the 134th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in CR4.
The closest station to Flat 1, Paxton Court, 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 Flat 1, Paxton Court, Mitcham, 66.4% of property is socially rented and 13.6% 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 Flat 1, Paxton Court, Mitcham, 31.9% 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 Flat 1, Paxton Court, 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 Flat 1, Paxton Court, 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 Flat 1, Paxton Court, 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.