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According to the public record, 40, Lewis Road, Mitcham is a modern freehold house with 785 ft2 of internal area and sits on a 108 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Lewis Road, Mitcham is £400,469 and the estimated rental value is £2,173 per month.
Lewis Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
40, Lewis Road, Mitcham has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Lewis Road, Mitcham is in very good condition we estimate a sale value of £420,493 and a rental value of £2,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,436 and a rental value of £2,021 per month.
Over the last 12 months the sale value of 40 Lewis Road Mitcham has decreased by an estimated £12,058 (3.0%) and its rental value has increased by an estimated £68 per month (3.1%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 40, Lewis Road, Mitcham sits on a plot of 108m2.
We have plot size data on 33 out of 41 other houses in the postcode and 40, Lewis Road, Mitcham sits on the 31st largest plot.
40, Lewis Road, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Lewis Road, Mitcham was last sold on 17th January 2022 for £435,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Lewis Road, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is 1, Brickfield Road, Mitcham, CR4 3GN, a freehold house which sold for £430,000 on the 1st November 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lewis Road, Mitcham, CR4 has a total of 120 addresses. According to our analysis of all the public data, 40, Lewis Road, Mitcham is the 46th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in CR4.
The nearest school is Liberty Primary which is 300 metres away. The nearest train station is Colliers Wood which is 1.2 kilometres away.
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