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According to the public record, 16, Tramway Path, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 997 ft2 of internal area and sits on a 168 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Tramway Path, Mitcham is £475,277 and the estimated rental value is £2,415 per month.
Tramway Path, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
16, Tramway Path, Mitcham has 21 entries in the Land Registry , most recently in October 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 16, Tramway Path, Mitcham is in very good condition we estimate a sale value of £499,041 and a rental value of £2,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,007 and a rental value of £2,246 per month.
Over the last 12 months the sale value of 16 Tramway Path Mitcham has decreased by an estimated £16,051 (3.4%) and its rental value has increased by an estimated £39 per month (1.6%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 16, Tramway Path, Mitcham sits on a plot of 168m2.
We have plot size data on 14 out of 18 other houses in the postcode and 16, Tramway Path, Mitcham sits on the 9th largest plot.
According to HM Land Registry, 16, Tramway Path, Mitcham was last sold on 23rd October 2009 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2009, the market for similar properties has risen 121.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Tramway Path, Mitcham within a radius of 560 metres over the last 2 years.
The most recent example is 79, Brookfields Avenue, Mitcham, CR4 4BQ, a freehold house which sold for £497,000 on the 23rd September 2022.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tramway Path, Mitcham, CR4 has a total of 36 addresses. According to our analysis of all the public data, 16, Tramway Path, Mitcham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in CR4.
The nearest school is St Peter and Paul Catholic Primary School which is 363 metres away. The nearest train station is Mitcham Junction which is 1.0 kilometres away.
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