According to the public record, Flat 5, 17, Church Road, Mitcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 169 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in 17, Church Road, Mitcham, CR4.
Church Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 5, 17, Church Road, Mitcham has a single entry in the Land Registry database from May 2009 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 5 17 Church Road Mitcham as £223,926 and the rental value as £1,104 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 5 17 Church Road Mitcham has increased by £5,273 (2.4%) and its rental value has increased by £47 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 5, 17, Church Road, Mitcham is in very good condition we estimate a sale value of £235,122 and rental value of £1,159 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,251 and a rental value of £1,027 per month.
If you were able to purchase this property for the estimated value of £223,926, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,101 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 5, 17, Church Road, Mitcham was last sold on 01 May 2009 for £56,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 92.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 5, 17, Church Road, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is Flat 1, 17, Church Road, Mitcham, CR4 3GB, a Leasehold flat which sold for £52,500 in Mar 2009.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Road, Mitcham, CR4 has a total of 283 addresses. According to our analysis of all the public data, Flat 5, 17, Church Road, Mitcham is the 204th largest and the 149th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in CR4.
The closest station to Flat 5, 17, Church Road, Mitcham is Mitcham Junction station which is 1.5 kilometres 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 5, 17, Church Road, Mitcham, 34.1% of property is privately rented and 33.5% 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 5, 17, Church Road, Mitcham, 25.0% of residents are recorded as possessing school level qualifications and 44.1% 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 5, 17, Church Road, Mitcham, the average age was 38.9 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 5, 17, Church Road, Mitcham, 2.0% 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 5, 17, Church Road, Mitcham, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.