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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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31, Chestnut Grove, Mitcham is described in the public record as a modern house with 1,184 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 31, Chestnut Grove, Mitcham is £482,557 and its rental estimate is £2,700 per month, given the available information and assuming reasonable condition.
Chestnut Grove, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
31, Chestnut Grove, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated October 2022.
We combine this information with public data 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.
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 31, Chestnut Grove, Mitcham, we estimate a market value of £506,685 and a rental value of £2,835 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £448,778 and £2,511 per month respectively.
Over the last year, 31, Chestnut Grove, Mitcham has seen its estimated sale value decrease by £18,940 (3.9%) and its estimated rental value grow by £62 per month (2.3%). This results in an estimated gross rental yield of 6.7%.
31, Chestnut Grove, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 31, Chestnut Grove, Mitcham have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd January 2025, was 62, Almond Way, Mitcham, CR4 1LN, a freehold house which sold for £515,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 110 addresses on Chestnut Grove, Mitcham, CR4, 31, Chestnut Grove, Mitcham comes out as the 24th largest and the 24th most expensive in our analysis of the public data.
It is also £90k more expensive than the average property across the CR4 district.
From 31, Chestnut Grove, Mitcham, the nearest station is Mitcham Junction, 1.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Chestnut Grove, Mitcham, 39.3% of property is privately owned with a mortgage and 25.0% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 31, Chestnut Grove, Mitcham, 29.0% of residents are recorded as possessing school level qualifications and 29.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 31, Chestnut Grove, Mitcham, the average age was 36.3 and the most common age was 12.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 31, Chestnut Grove, Mitcham, 2.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 31, Chestnut Grove, Mitcham, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
