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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Firs Close, Mitcham is £324,496 and the estimated rental value is £1,577 per month.
Firs Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
40, Firs Close, Mitcham has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated September 2019.
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 40, Firs Close, Mitcham is in very good condition we estimate a sale value of £340,721 and a rental value of £1,656 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,781 and a rental value of £1,467 per month.
Over the last 12 months the sale value of 40 Firs Close Mitcham has decreased by an estimated £6,618 (2.0%) and its rental value has increased by an estimated £63 per month (4.0%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 40, Firs Close, Mitcham sits on a plot of 94m2.
We have plot size data on 21 out of 27 other houses in the postcode and 40, Firs Close, Mitcham sits on the 18th largest plot.
40, Firs Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 40, Firs Close, Mitcham was last sold on 17th December 2009 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2009, the market for similar properties has risen 110.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Firs Close, Mitcham within a radius of 430 metres over the last 2 years.
The most recent example is 5C, Grove Road, Mitcham, CR4 1SL, a freehold house which sold for £250,000 on the 18th November 2019.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Firs Close, Mitcham, CR4 has a total of 97 addresses. According to our analysis of all the public data, 40, Firs Close, Mitcham is the 86th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in CR4.
The nearest school is Lonesome Primary School which is 200 metres away. The nearest train station is Mitcham Eastfields which is 300 metres away.
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