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By comparing it to neighbours, we estimate that it is a period house with 874 ft2 of internal area and sits on a 122 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Riverside Drive, Mitcham is £489,106 and the estimated rental value is £2,305 per month.
Riverside Drive, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
40, Riverside Drive, Mitcham has 21 entries in the Land Registry , most recently in April 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Riverside Drive, Mitcham is in very good condition we estimate a sale value of £513,562 and a rental value of £2,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,869 and a rental value of £2,143 per month.
Over the last 12 months the sale value of 40 Riverside Drive Mitcham has decreased by an estimated £16,518 (3.4%) and its rental value has increased by an estimated £38 per month (1.6%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 40, Riverside Drive, Mitcham sits on a plot of 122m2.
We have plot size data on 27 out of 29 other houses in the postcode and 40, Riverside Drive, Mitcham sits on the 25th largest plot.
According to HM Land Registry, 40, Riverside Drive, Mitcham was last sold on 29th April 2015 for £305,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since April 2015, the market for similar properties has risen 35.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Riverside Drive, Mitcham within a radius of 570 metres over the last 2 years.
The most recent example is 10, Brookfields Avenue, Mitcham, CR4 4BN, a freehold house which sold for £530,000 on the 27th September 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Drive, Mitcham, CR4 has a total of 84 addresses. According to our analysis of all the public data, 40, Riverside Drive, Mitcham is the 42nd largest and the 29th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in CR4.
The nearest school is Cranmer Primary School which is 446 metres away. The nearest train station is Mitcham Junction which is 1.0 kilometres away.
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