20, Peony Drive
20, Peony Drive
Description & Estimates
20, Peony Drive, Mitcham is recorded publicly as a modern freehold house across 1,280 ft2 of internal area, sitting on a 108 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 20, Peony Drive, Mitcham is £560,422 and its rental estimate is £2,969 per month, given the available information and assuming reasonable condition.
Peony Drive, Mitcham Junction, Mitcham, CR4 falls within the CR4 postal district, in the borough of Sutton.
Our Data Sources
20, 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 20, Peony Drive, Mitcham, we estimate a market value of £588,443 and a rental value of £3,118 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £521,192 and £2,761 per month respectively.
Recent Market Change
Over the last year, 20, Peony Drive, Mitcham has seen its estimated sale value drop by £21,997 (3.9%) and its estimated rental value rise by £68 per month (2.3%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 20, Peony Drive, Mitcham as measuring 108 m2.
That makes it the 2nd largest plot in the postcode, where 16 of the 26 other houses have recorded plot data.
Energy Efficiency
20, Peony Drive, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 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
The most recent sale of 20, Peony Drive, Mitcham completed on 17th September 2020 at £590,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.9% over the period since September 2020.
- Sold Sep 2020£590,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 20, Peony Drive, Mitcham have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th September 2020, was 18, Peony Drive, Mitcham, CR4 4FT, a freehold house which sold for £595,000.
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
Of the 52 addresses on Peony Drive, Mitcham Junction, Mitcham, CR4, 20, Peony Drive, Mitcham comes out as the 26th largest and the 26th most expensive in our analysis of the public data.
It is also £168k more expensive than the average property across the CR4 district.
More reading links
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
From 20, Peony Drive, Mitcham, the nearest station is Mitcham Junction, 900 metres away.
- 900mMitcham Junction
- 1.1kmHackbridge
- 2.0kmCarshalton
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
