According to the public record, Flat E, Block 3 Maytree Court 50, Mitcham is a modern apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Block 3 Maytree Court, Grove Road, Mitcham, CR4.
Grove Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Flat E, Block 3 Maytree Court 50, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2022.
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 E Block 3 Maytree Court 50 Mitcham as £213,467 and the rental value as £1,335 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat E Block 3 Maytree Court 50 Mitcham has increased by £4,357 (2.0%) and its rental value has increased by £53 per month (4.0%).
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 E, Block 3 Maytree Court 50, Mitcham is in very good condition we estimate a sale value of £224,140 and rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,524 and a rental value of £1,241 per month.
If you were able to purchase this property for the estimated value of £213,467, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,049 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 E, Block 3 Maytree Court 50, Mitcham was last sold on 09 Mar 2005 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, Block 3 Maytree Court 50, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 38, Spencer Road, Mitcham, CR4 1SH, a Leasehold flat which sold for £200,000 in Jun 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 450 metres radius of Flat E, Block 3 Maytree Court 50, 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.
Grove Road, Mitcham, CR4 has a total of 266 addresses. According to our analysis of all the public data, Flat E, Block 3 Maytree Court 50, Mitcham is the 237th largest and the 262nd most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in CR4.
Flat E, Block 3 Maytree Court 50, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2022.
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 E, Block 3 Maytree Court 50, Mitcham is Mitcham Eastfields station which is 400 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 E, Block 3 Maytree Court 50, Mitcham, 37.4% of property is privately owned with a mortgage and 30.1% 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 E, Block 3 Maytree Court 50, Mitcham, 20.1% of residents are recorded as possessing school level qualifications and 47.9% 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 E, Block 3 Maytree Court 50, Mitcham, the average age was 37.3 and the most common age was 42.
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 E, Block 3 Maytree Court 50, 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 E, Block 3 Maytree Court 50, Mitcham, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.