2 Bank Avenue, Mitcham, CR4 3DU is a freehold terraced property built between 2003-2006. The property offers approximately 753 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £271,796 , which equates to approximately £361 per square foot. It was last sold on 8 Sep 1995 for £35,002. Since then, the value has increased by £236,794, representing a 676.5% increase, or approximately 22.4% per year.

The current estimated value of £271,796 is:

  • 42.9% lower than the average property price on Bank Avenue
  • 40.7% lower than the average in the CR4 3DU postcode area
  • and 34.8% lower than the average price for Mitcham as a whole

At the most recent EPC inspection on 7 June 2024, the property was recorded as rented.

View sold house prices in CR4 3DU

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
753 sq ft
Tenure
Freehold
Price (estimate)
£271,796
Price Per sq ft (estimate)
£361
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Bank Avenue, Mitcham, Merton, Greater London, CR4 3DU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Jun 2024.

This property uses electric underfloor heating as its main heating source. A gas multipoint water heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Sep 2015, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 12.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to electric underfloor heating, changing energy efficiency from good to poor.
  • The hot water system was changed from from main system to gas multipoint, with its energy efficiency changing from good to average.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with external insulation, improving energy efficiency from very poor to very good.
Heating Type
Electric underfloor heating
Poor
Hot Water
Gas multipoint
Average
Walls
Solid brick, with external insulation
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CR4 3DU

19 th / 19
Price Rank
41% lower than average
12 th / 13
Size Rank
27% smaller than average
11 th / 13
Price Per Sq FT Rank
19% lower than average

Compared to other properties in CR4 3DU , this flat's estimated value ranks 19th out of 19. Based on price per square foot, it ranks 11th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 13 properties in its postcode area.

Sale History

Today
£271,796
streetscan.co.uk estimate
+677 %
8 Sep 1995
£35,002
Leasehold

Area Insights

Nearby Properties

14 Bank Avenue, Mitcham, CR4 3DU
rooms: 5
size: 958 sq ft
sale price: £230,000
sale date: 18 May 2007
16 Bank Avenue, Mitcham, CR4 3DU
rooms: 5
size: 1098 sq ft
sale price: £427,500
sale date: 2 Mar 2018
20 Bank Avenue, Mitcham, CR4 3DU
rooms: 5
size: 1066 sq ft
sale price: £128,500
sale date: 9 Feb 2001
22 Bank Avenue, Mitcham, CR4 3DU
rooms: 5
size: 1367 sq ft
sale price: £370,000
sale date: 27 Oct 2017
26 Bank Avenue, Mitcham, CR4 3DU
rooms: 5
size: 2045 sq ft
sale price: £300,000
sale date: 20 Jan 2017

Data Sources

The property at 2 Bank Avenue, Mitcham, Merton, Greater London, CR4 3DU appears once in the Land Registry records, with the transaction recorded on 8 Sep 1995. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jun 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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