According to the public record, Flat 29, Lear House, Mitcham is a modern apartment with 1,205 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Lear House, Aventine Avenue, Mitcham, CR4.
Aventine Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 29, Lear House, Mitcham has no records in the Land Registry database and a single entry in the EPC database dated December 2012.
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 Flat 29 Lear House Mitcham as £439,205 and the rental value as £2,560 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 29 Lear House Mitcham has increased by £2,909 (0.7%) and its rental value has increased by £66 per month (2.6%).
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 Flat 29, Lear House, Mitcham is in very good condition we estimate a sale value of £461,166 and rental value of £2,688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,461 and a rental value of £2,381 per month.
If you were able to purchase this property for the estimated value of £439,205, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,159 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Lear House, Mitcham within a radius of 490 metres over the last 2 years.
The most recent example is Flat 1, 9, Brenley Close, Mitcham, CR4 1HL, a Leasehold flat which sold for £480,000 in Jan 2022.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 490 metres radius of Flat 29, Lear House, Mitcham over the last 2 years.
Most recently Flat 17, Jupiter House, Esquiline Lane, Mitcham, CR4 1GH, a Leasehold flat let by Your Home Managed in Jul 2024.
Aventine Avenue, Mitcham, CR4 has a total of 114 addresses. According to our analysis of all the public data, Flat 29, Lear House, Mitcham is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in CR4.
Flat 29, Lear House, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Dec 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 29, Lear House, 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 29, Lear House, Mitcham, 53.3% of property is socially rented and 20.0% 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 29, Lear House, Mitcham, 29.6% of residents are recorded as possessing school level qualifications and 30.7% 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 29, Lear House, Mitcham, the average age was 35.1 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 29, Lear House, 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 29, Lear House, Mitcham, 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.