21, Varley Way
21, Varley Way
Description & Estimates
21, Varley Way, Mitcham is recorded publicly as a modern freehold house across 581 ft2 of internal area, sitting on a 109 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 21, Varley Way, Mitcham is £393,247 and its rental estimate is £1,852 per month, given the available information and assuming reasonable condition.
Varley Way, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
21, Varley Way, Mitcham has 2 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated October 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 21, Varley Way, Mitcham, we estimate a market value of £412,910 and a rental value of £1,945 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £365,720 and £1,723 per month respectively.
Recent Market Change
Over the last year, 21, Varley Way, Mitcham has seen its estimated sale value fall by £8,020 (2.0%) and its estimated rental value move up by £74 per month (4.0%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 21, Varley Way, Mitcham as measuring 109 m2.
That makes it the 14th largest plot in the postcode, where all 19 other houses have recorded plot data.
Energy Efficiency
21, Varley Way, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 21, Varley Way, Mitcham completed on 20th June 2018 at £362,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 15.4% over the period since June 2018.
- Sold Jun 2018£362,000
- Sold Jan 2016£302,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 21, Varley Way, Mitcham have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th March 2023, was 16, Sycamore Gardens, Mitcham, CR4 3QP, a freehold house which sold for £300,000.
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 19 addresses on Varley Way, Mitcham, CR4, 21, Varley Way, Mitcham comes out as the 17th largest and the 17th most expensive in our analysis of the public data.
It is also £1k more expensive than the average property across the CR4 district.
More reading links
Schools Nearby
- 200mHaslemere Primary School
- 500mBenedict Academy
- 700mLiberty Primary
- 1.0kmHarris Academy Wimbledon
- 1.6kmHarris Academy Morden
- 1.7kmSt Mark's Church of England Academy
More reading links
Public Transport Nearby
From 21, Varley Way, Mitcham, the nearest station is Morden, 1.2 kilometres away.
- 1.2kmMorden
- 1.3kmColliers Wood
- 1.4kmSouth Wimbledon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
