According to the public record, Flat 61, Fountain House, Mitcham is a mid-century apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fountain House, Sadler Close, Mitcham, CR4.
Sadler Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat 61, Fountain House, Mitcham has no records in the Land Registry database and a single entry in the EPC database dated September 2021.
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 61 Fountain House Mitcham as £152,276 and the rental value as £953 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 61 Fountain House Mitcham has increased by £3,544 (2.3%) and its rental value has increased by £41 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 61, Fountain House, Mitcham is in very good condition we estimate a sale value of £159,890 and rental value of £1,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,617 and a rental value of £887 per month.
If you were able to purchase this property for the estimated value of £152,276, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £748 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 61, Fountain House, Mitcham within a radius of 360 metres over the last 2 years.
The most recent example is Flat 102, Fountain House, Sadler Close, Mitcham, CR4 3EH, a Leasehold flat which sold for £193,200 in Aug 2016.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sadler Close, Mitcham, CR4 has a total of 287 addresses. According to our analysis of all the public data, Flat 61, Fountain House, Mitcham is the 267th largest and the 282nd most expensive property on the street.
When compared to the postcode district it is £242k less expensive than the average property in CR4.
Flat 61, Fountain House, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Sep 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 61, Fountain House, Mitcham is Mitcham Eastfields station which is 800 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 61, Fountain House, 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 61, Fountain House, 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 61, Fountain House, 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 61, Fountain House, 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 61, Fountain House, 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.