According to the public record, Flat 11, Abinger House 207A, Mitcham is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Abinger House, London Road, Mitcham, CR4.
London Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 11, Abinger House 207A, Mitcham has a single entry in the Land Registry database from May 2015 and a single entry in the EPC database dated April 2021.
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 Flat 11 Abinger House 207A Mitcham as £202,558 and the rental value as £1,266 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 11 Abinger House 207A Mitcham has increased by £4,714 (2.3%) and its rental value has increased by £54 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 Flat 11, Abinger House 207A, Mitcham is in very good condition we estimate a sale value of £212,685 and rental value of £1,329 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,379 and a rental value of £1,177 per month.
If you were able to purchase this property for the estimated value of £202,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £996 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 11, Abinger House 207A, Mitcham was last sold on 06 May 2015 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Abinger House 207A, Mitcham within a radius of 350 metres over the last 2 years.
The most recent example is Flat 6, Abinger House 207A, London Road, Mitcham, CR4 2JD, a Leasehold flat which sold for £187,000 in Nov 2021.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Mitcham, CR4 has a total of 1051 addresses. According to our analysis of all the public data, Flat 11, Abinger House 207A, Mitcham is the 841st largest and the 983rd most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in CR4.
Flat 11, Abinger House 207A, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2021.
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 Flat 11, Abinger House 207A, Mitcham is Mitcham Eastfields station which is 700 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 11, Abinger House 207A, Mitcham, 61.5% of property is socially rented and 19.7% 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 11, Abinger House 207A, Mitcham, 35.4% of residents are recorded as possessing school level qualifications and 25.1% 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 11, Abinger House 207A, 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 11, Abinger House 207A, 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 Flat 11, Abinger House 207A, 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.