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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, Ridge Road, Mitcham is £577,473 and the estimated rental value is £2,571 per month.
Ridge Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
23, Ridge Road, Mitcham has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property 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 23, Ridge Road, Mitcham is in very good condition we estimate a sale value of £606,347 and a rental value of £2,700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £537,050 and a rental value of £2,391 per month.
Over the last 12 months the sale value of 23 Ridge Road Mitcham has decreased by an estimated £17,388 (3.0%) and its rental value has increased by an estimated £80 per month (3.1%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 23, Ridge Road, Mitcham sits on a plot of 417m2.
We have plot size data on 21 out of 23 other houses in the postcode and 23, Ridge Road, Mitcham sits on the 7th largest plot.
23, Ridge Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2021.
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, 23, Ridge Road, Mitcham was last sold on 8th September 2023 for £530,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Ridge Road, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is 21, Ridge Road, Mitcham, CR4 2ET, a freehold house which sold for £700,000 on the 26th March 2021.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridge Road, Mitcham, CR4 has a total of 26 addresses. According to our analysis of all the public data, 23, Ridge Road, Mitcham is the 19th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £185k more expensive than the average property in CR4.
The nearest school is Beecholme Primary School which is 500 metres away. The nearest train station is Tooting which is 900 metres away.
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