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By comparing it to neighbours, we estimate that it is a modern house with 797 ft2 of internal area and sits on a 163 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 48, Tramway Path, Mitcham is £425,212 and the estimated rental value is £2,169 per month.
Tramway Path, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
48, Tramway Path, Mitcham has 2 entries in the Land Registry , most recently in August 2017 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 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 48, Tramway Path, Mitcham is in very good condition we estimate a sale value of £446,472 and a rental value of £2,277 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £395,447 and a rental value of £2,017 per month.
Over the last 12 months the sale value of 48 Tramway Path Mitcham has decreased by an estimated £14,360 (3.4%) and its rental value has increased by an estimated £35 per month (1.6%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 48, Tramway Path, Mitcham sits on a plot of 163m2.
We have plot size data on 14 out of 18 other houses in the postcode and 48, Tramway Path, Mitcham sits on the 12th largest plot.
According to HM Land Registry, 48, Tramway Path, Mitcham was last sold on 7th August 2017 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2017, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Tramway Path, Mitcham within a radius of 590 metres over the last 2 years.
The most recent example is 123, Brookfields Avenue, Mitcham, CR4 4BQ, a freehold house which sold for £435,000 on the 8th November 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tramway Path, Mitcham, CR4 has a total of 36 addresses. According to our analysis of all the public data, 48, Tramway Path, Mitcham is the 22nd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in CR4.
The nearest school is St Peter and Paul Catholic Primary School which is 363 metres away. The nearest train station is Mitcham Junction which is 1.0 kilometres away.
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