According to the public record, Flat 5, 30, Lower Green West, Mitcham is a period leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 30, Lower Green West, Mitcham, CR4.
Lower Green West, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 5, 30, Lower Green West, Mitcham has a single entry in the Land Registry database from April 2023 and a single entry in the EPC database dated January 2023.
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 5 30 Lower Green West Mitcham as £423,850 and the rental value as £2,176 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 5 30 Lower Green West Mitcham has increased by £2,784 (0.7%) and its rental value has increased by £56 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 5, 30, Lower Green West, Mitcham is in very good condition we estimate a sale value of £445,042 and rental value of £2,285 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,180 and a rental value of £2,023 per month.
If you were able to purchase this property for the estimated value of £423,850, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,083 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, 30, Lower Green West, Mitcham was last sold on 21 Apr 2023 for £420,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2023, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 5, 30, Lower Green West, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, Telemark Court 1B, Taffy's How, Mitcham, CR4 3AX, a Leasehold flat which sold for £283,000 in Sep 2015.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Green West, Mitcham, CR4 has a total of 64 addresses. According to our analysis of all the public data, Flat 5, 30, Lower Green West, Mitcham is the 22nd largest and the 13th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in CR4.
Flat 5, 30, Lower Green West, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to Flat 5, 30, Lower Green West, Mitcham is Mitcham Eastfields station which is 1.3 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, 30, Lower Green West, Mitcham, 39.5% of property is privately rented and 21.1% is privately owned outright.
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, 30, Lower Green West, Mitcham, 13.2% of residents are recorded as possessing school level qualifications and 41.4% 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, 30, Lower Green West, 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, 30, Lower Green West, 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 5, 30, Lower Green West, 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.