23, Varley Way
23, Varley Way
Description & Estimates
Public records show 23, Varley Way, Mitcham to be a modern freehold house with 592 ft2 of internal area, sitting on a 108 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
23, Varley Way, Mitcham has an estimated sale value of £396,960 and an estimated rental value of £1,870 per month, assuming reasonable condition and based on the information available.
Varley Way, Mitcham, CR4 lies in the borough of Merton, within the CR4 postal district.
Our Data Sources
23, Varley Way, Mitcham has 41 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated October 2017.
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
In very good condition, we estimate 23, Varley Way, Mitcham would be worth £416,808, with a potential rental value of £1,963 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £369,173, with a rental value of £1,739 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 23, Varley Way, Mitcham has dropped by £8,096 (2.0%) over the last year. During the same period, its estimated monthly rental value has risen by £75 (4.0%). The property's estimated gross yield is currently 5.7%.
Plot Size
23, Varley Way, Mitcham occupies a 108 m2 plot as recorded by HM Land Registry.
All 19 other houses in this postcode have recorded plot sizes, and this one ranks as the 15th largest.
Energy Efficiency
23, Varley Way, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
23, Varley Way, Mitcham last changed hands on 24th August 2022, selling for £420,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 1.4% since August 2022.
- Sold Aug 2022£420,000
- Sold Mar 2018£375,000
- Sold Aug 2014£287,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 23, Varley Way, Mitcham across the last 2 years.
Most recently, 16, Sycamore Gardens, Mitcham, CR4 3QP, a freehold house, sold at £300,000 on the 17th March 2023.
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
Our analysis of the public data ranks 23, Varley Way, Mitcham as the 16th largest and the 16th most expensive of the 19 addresses on Varley Way, Mitcham, CR4.
Against the CR4 postcode district average, it is £5k more expensive than the typical property.
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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
Morden station is the nearest stop to 23, Varley Way, Mitcham at 1.2 kilometres away.
- 1.2kmMorden
- 1.3kmColliers Wood
- 1.4kmSouth Wimbledon
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
