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According to the public record, 12, Madeira Road, Mitcham is a early-century house with 1,044 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Madeira Road, Mitcham is £428,406 and the estimated rental value is £2,432 per month.
Madeira Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
12, Madeira Road, Mitcham has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 12, Madeira Road, Mitcham is in very good condition we estimate a sale value of £449,826 and a rental value of £2,554 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,417 and a rental value of £2,262 per month.
Over the last 12 months the sale value of 12 Madeira Road Mitcham has decreased by an estimated £12,899 (3.0%) and its rental value has increased by an estimated £76 per month (3.1%), giving an expected gross yield of 6.8%.
12, Madeira Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Madeira Road, Mitcham was last sold on 7th February 2003 for £249,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Madeira Road, Mitcham within a radius of 630 metres over the last 2 years.
The most recent example is 6, Madeira Road, Mitcham, CR4 4HD, a freehold house which sold for £500,000 on the 12th August 2022.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Madeira Road, Mitcham, CR4 has a total of 23 addresses. According to our analysis of all the public data, 12, Madeira Road, Mitcham is the 9th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in CR4.
The nearest school is Cranmer Primary School which is 400 metres away. The nearest train station is Mitcham Junction which is 800 metres away.
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