248, Grove Road
248, Grove Road
Description & Estimates
248, Grove Road, Mitcham is described in the public record as an early-century house with 968 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 248, Grove Road, Mitcham is £438,517 and its rental estimate is £2,401 per month, given the available information and assuming reasonable condition.
Grove Road, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
248, Grove Road, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 248, Grove Road, Mitcham, we estimate a market value of £460,443 and a rental value of £2,521 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £407,821 and £2,233 per month respectively.
Recent Market Change
Over the last year, 248, Grove Road, Mitcham has seen its estimated sale value decline by £13,204 (3.0%) and its estimated rental value climb by £75 per month (3.1%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
248, Grove Road, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 248, Grove Road, Mitcham have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 60, Edgehill Road, Mitcham, CR4 2HU, a freehold house which sold for £492,500.
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 267 addresses on Grove Road, Mitcham, CR4, 248, Grove Road, Mitcham comes out as the 50th largest and the 93rd most expensive in our analysis of the public data.
It is also £46k more expensive than the average property across the CR4 district.
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Schools Nearby
- 100mLonesome Primary School
- 400mBeecholme Primary School
- 600mGorringe Park Primary School
- 500mSt Mark's Church of England Academy
- 1.3kmHarris Academy Merton
- 1.5kmGraveney School
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Public Transport Nearby
From 248, Grove Road, Mitcham, the nearest station is Mitcham Eastfields, 400 metres away.
- 400mMitcham Eastfields
- 1.3kmStreatham Common
- 1.4kmTooting
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 low, based on Environment Agency data.
