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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Russell Road, Mitcham is a early-century freehold house with 1,259 ft2 of internal area and sits on a 146 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Russell Road, Mitcham is £503,014 and the estimated rental value is £2,819 per month.
Russell Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2, Russell Road, Mitcham has a single entry in the Land Registry from February 2008 and a single entry in the EPC database dated August 2019.
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.
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 2, Russell Road, Mitcham is in very good condition we estimate a sale value of £528,165 and a rental value of £2,960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,803 and a rental value of £2,621 per month.
Over the last 12 months the sale value of 2 Russell Road Mitcham has decreased by an estimated £19,743 (3.9%) and its rental value has increased by an estimated £64 per month (2.3%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 2, Russell Road, Mitcham sits on a plot of 146m2.
We have plot size data on 34 out of 34 other houses in the postcode and 2, Russell Road, Mitcham sits on the 15th largest plot.
2, Russell Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Aug 2019.
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, 2, Russell Road, Mitcham was last sold on 29th February 2008 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2008, the market for similar properties has risen 93.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Russell Road, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is 8, Harwood Avenue, Mitcham, CR4 3AS, a freehold house which sold for £395,000 on the 3rd May 2022.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Road, Mitcham, CR4 has a total of 37 addresses. According to our analysis of all the public data, 2, Russell Road, Mitcham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in CR4.
The nearest school is St Peter and Paul Catholic Primary School which is 400 metres away. The nearest train station is Mitcham Eastfields which is 1.2 kilometres away.
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