16, Peony Drive
16, Peony Drive
Description & Estimates
Public records show 16, Peony Drive, Mitcham to be a modern freehold house with 1,313 ft2 of internal area, sitting on a 94.1 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
16, Peony Drive, Mitcham has an estimated sale value of £567,573 and an estimated rental value of £3,007 per month, assuming reasonable condition and based on the information available.
Peony Drive, Mitcham Junction, Mitcham, CR4 lies in the borough of Sutton, within the CR4 postal district.
Our Data Sources
16, Peony Drive, Mitcham has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 16, Peony Drive, Mitcham would be worth £595,952, with a potential rental value of £3,157 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £527,843, with a rental value of £2,796 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Peony Drive, Mitcham has fallen by £22,277 (3.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £69 (2.3%). The property's estimated gross yield is currently 6.4%.
Plot Size
16, Peony Drive, Mitcham occupies a 94 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 16 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
16, Peony Drive, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Peony Drive, Mitcham last changed hands on 15th September 2020, selling for £585,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.9% since September 2020.
- Sold Sep 2020£585,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 16, Peony Drive, Mitcham across the last 2 years.
Most recently, 18, Peony Drive, Mitcham, CR4 4FT, a freehold house, sold at £595,000 on the 18th September 2020.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Peony Drive, Mitcham as the 20th largest and the 22nd most expensive of the 52 addresses on Peony Drive, Mitcham Junction, Mitcham, CR4.
Against the CR4 postcode district average, it is £175k more expensive than the typical property.
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Schools Nearby
- 600mCulvers House Primary School
- 900mHackbridge Primary School
- 1.0kmGreen Wrythe Primary School
- 1.2kmCarshalton Boys Sports College
- 1.3kmHarris Academy Morden
- 1.8kmGreenshaw High School
More reading links
Public Transport Nearby
Mitcham Junction station is the nearest stop to 16, Peony Drive, Mitcham at 900 metres away.
- 900mMitcham Junction
- 1.1kmHackbridge
- 2.0kmCarshalton
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
