According to the public record, Flat 2, 122, Mitcham Lane, London is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 122, Mitcham Lane, London, SW16.
Mitcham Lane, London, SW16 is located in the borough of Wandsworth within the SW16 postal district.
Flat 2, 122, Mitcham Lane, London has 31 entries in the Land Registry database, most recently in May 2018 and a single entry in the EPC database dated January 2015.
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 2 122 Mitcham Lane London as £330,992 and the rental value as £1,636 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 2 122 Mitcham Lane London has increased by £11,794 (3.6%) and its rental value has increased by £70 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 2, 122, Mitcham Lane, London is in very good condition we estimate a sale value of £347,541 and rental value of £1,718 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,822 and a rental value of £1,522 per month.
If you were able to purchase this property for the estimated value of £330,992, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,627 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 2, 122, Mitcham Lane, London was last sold on 22 May 2018 for £275,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2018, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 122, Mitcham Lane, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 3, 25, Eardley Road, London, SW16 6DA, a Leasehold flat which sold for £310,000 in Jun 2022.
Read more about house prices in SW16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitcham Lane, London, SW16 has a total of 534 addresses. According to our analysis of all the public data, Flat 2, 122, Mitcham Lane, London is the 413th largest and the 405th most expensive property on the street.
When compared to the postcode district it is £216k less expensive than the average property in SW16.
Flat 2, 122, Mitcham Lane, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jan 2015.
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 2, 122, Mitcham Lane, London is Streatham Common 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 2, 122, Mitcham Lane, London, 32.4% of property is privately owned with a mortgage and 31.7% is privately 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 Flat 2, 122, Mitcham Lane, London, 16.7% of residents are recorded as possessing school level qualifications and 57.2% 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 2, 122, Mitcham Lane, London, the average age was 37.6 and the most common age was 27.
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 2, 122, Mitcham Lane, London, 0.6% 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 2, 122, Mitcham Lane, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.