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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 31, Walsingham Road, Mitcham is £460,351 and its rental estimate is £2,520 per month, given the available information and assuming reasonable condition.
Walsingham Road, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
31, Walsingham Road, Mitcham has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated July 2023.
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.
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, Walsingham Road, Mitcham, we estimate a market value of £483,369 and a rental value of £2,646 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £428,126 and £2,344 per month respectively.
Over the last year, 31, Walsingham Road, Mitcham has seen its estimated sale value decrease by £13,861 (3.0%) and its estimated rental value grow by £78 per month (3.1%). This results in an estimated gross rental yield of 6.6%.
HM Land Registry records the plot of land for 31, Walsingham Road, Mitcham as measuring 121 m2.
That makes it the 34th largest plot in the postcode, where all 34 other houses have recorded plot data.
31, Walsingham Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 31, Walsingham Road, Mitcham completed on 8th December 2023 at £445,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 0.1% over the period since December 2023.
Over the past 2 years 3 properties similar to 31, Walsingham Road, Mitcham have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 56, Hatton Gardens, Mitcham, CR4 4LG, a freehold house which sold for £532,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 34 addresses on Walsingham Road, Mitcham, CR4, 31, Walsingham Road, Mitcham comes out as the 6th largest and the 10th most expensive in our analysis of the public data.
It is also £68k more expensive than the average property across the CR4 district.
From 31, Walsingham Road, Mitcham, the nearest station is Mitcham Junction, 400 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 31, Walsingham Road, Mitcham, 47.7% of property is privately owned with a mortgage and 32.6% is privately owned outright.
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, Walsingham Road, Mitcham, 25.4% of residents are recorded as possessing school level qualifications and 37.9% 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, Walsingham Road, Mitcham, the average age was 38.9 and the most common age was 37.
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, Walsingham Road, Mitcham, 0.7% 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, Walsingham Road, 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.