Summerhill Way, Mitcham, CR4
ST

Summerhill Way, Mitcham, CR4

By Stirling Ackroyd

£ 250,000

Reviews

2 out of 5 stars

Stirling Ackroyd says ..

This charming one bedroom, top floor flat offers a wonderful opportunity for comfortable living in a well-maintained, purpose-built development. Benefiting from a long lease and a share of the freehold, the property presents a perfect blend of modern convenience and residential surroundings.

Property Oracle says ..

The property is a one-bedroom apartment located in Summerhill Way, Mitcham, CR4 2NJ. It is within easy reach of several primary schools rated ‘Good’ by Ofsted, including Gorringe Park Primary School (0.12km), Beecholme Primary School (0.45km), and St Mark’s Church of England Academy (0.59km). The area also benefits from relatively close proximity to several train stations, including Mitcham Eastfields (0.43km), providing convenient access to public transportation.

Based on the provided images, the apartment appears to be in generally good condition, although some areas could benefit from a refresh. The kitchen and bathroom are functional but could benefit from some modernisation. The flooring and walls appear to be in reasonable condition. The property does not appear to have any significant issues that would require major repairs.

The plot size is listed as 0.00 sqft, indicating the absence of a private garden. This is typical for apartments in this area.

Considering the list price of £250,000, the average price of similar properties in the area (£397,240), and the average price per sqft (£356), the property seems reasonably priced, potentially even slightly below average for the area, given its size (554 sqft) and lack of outdoor space. However, the absence of data on the condition of comparable properties makes a precise valuation difficult. The lower price may reflect the lack of a garden and the slightly dated interior.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
554.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
320,000.00 £
Decreased by 17.89 %
from 389,722.00 £
Est sale value
180,050.00 £
Decreased by 9.97 %
from 199,994.00 £
Average area rental value
929.00 £/mo
Decreased by 15.00 %
from 1,093.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 554.00 £/mo
Est rental Yield
3.48 %
Increased by 3.26 %
from 3.37 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Stirling Ackroyd created the listing.

Nearby Schools

NameTypeOfstedDistance
Gorringe Park Primary SchoolCommunity SchoolGood0.12 KM
Beecholme Primary SchoolAcademy Sponsor LedGood0.45 KM
St Mark'S Church Of England AcademyAcademy Sponsor LedGood0.59 KM
Lonesome Primary SchoolCommunity SchoolGood0.69 KM
The Children'S Centre At St MarksChildren's Centre Linked Site0.75 KM

Images

Exterior Living Room Kitchen Bedroom Bathroom Bedroom Kitchen Living Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Harbour Close £ 000.00 KM
Hasty Close £ 000.00 KM
Renshaw Corner £ 000.00 KM
Maytree Court £ 000.00 KM
Hadrian Mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Mitcham Eastfields5069MTC0.43 KM
Tooting5389TOO1.12 KM
Mitcham Junction5427MIJ2.07 KM
Streatham Common5384SRC2.32 KM
Streatham5383STE3.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Summerhill Way, Mitcham, CR4 £ 250,000BUY5 / 100.00 KM
Tide Close, Mitcham, CR4 £ 340,000BUY6 / 100.06 KM
44 Summerhill Way, Mitcham CR4 2NJ £ 150,000BUY5 / 100.08 KM
Spring Grove, Mitcham £ 220,000BUY5 / 100.10 KM
Spring Grove, Mitcham £ 300,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
33 Summerhill Way £ 185,0000.01 KM
1 Summerhill Way £ 150,0000.01 KM
9 Summerhill Way £ 49,9500.01 KM
21 Summerhill Way £ 251,0000.01 KM
25 Summerhill Way £ 160,0000.01 KM