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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Mitcham Park, Mitcham is £614,031 and the estimated rental value is £2,978 per month.
Mitcham Park, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
40, Mitcham Park, Mitcham has a single entry in the Land Registry from September 2013 and a single entry in the EPC database dated March 2013.
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, Mitcham Park, Mitcham is in very good condition we estimate a sale value of £644,733 and a rental value of £3,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £571,049 and a rental value of £2,770 per month.
Over the last 12 months the sale value of 40 Mitcham Park Mitcham has decreased by an estimated £26,003 (4.2%) and its rental value has increased by an estimated £36 per month (1.2%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 40, Mitcham Park, Mitcham sits on a plot of 488m2.
We have plot size data on 22 out of 24 other houses in the postcode and 40, Mitcham Park, Mitcham sits on the 6th largest plot.
40, Mitcham Park, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Mar 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Mitcham Park, Mitcham was last sold on 6th September 2013 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2013, the market for similar properties has risen 48.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Mitcham Park, Mitcham within a radius of 580 metres over the last 2 years.
The most recent example is 50, Mitcham Park, Mitcham, CR4 4EJ, a freehold house which sold for £658,000 on the 27th September 2023.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitcham Park, Mitcham, CR4 has a total of 202 addresses. According to our analysis of all the public data, 40, Mitcham Park, Mitcham is the 34th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £221k more expensive than the average property in CR4.
The nearest school is St Peter and Paul Catholic Primary School which is 281 metres away. The nearest train station is Mitcham Junction which is 1.0 kilometres away.
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