5, Love Lane
5, Love Lane
Description & Estimates
5, Love Lane, Mitcham appears in the public record as a freehold house sitting on a 228 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,400 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 5, Love Lane, Mitcham is £551,569 and its rental estimate is £3,006 per month, given the available information and assuming reasonable condition.
Love Lane, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
5, Love Lane, Mitcham has 31 entries in the Land Registry , most recently in March 2013 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Love Lane, Mitcham, we estimate a market value of £579,147 and a rental value of £3,156 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £512,959 and £2,796 per month respectively.
Recent Market Change
Over the last year, 5, Love Lane, Mitcham has seen its estimated sale value decrease by £21,649 (3.9%) and its estimated rental value grow by £69 per month (2.3%). This results in an estimated gross rental yield of 6.5%.
Plot Size
HM Land Registry records the plot of land for 5, Love Lane, Mitcham as measuring 228 m2.
That makes it the 7th largest plot in the postcode, where 17 of the 23 other houses have recorded plot data.
Sold Prices
The most recent sale of 5, Love Lane, Mitcham completed on 22nd March 2013 at £316,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 92.2% over the period since March 2013.
- Sold Mar 2013£316,000
- Sold Sep 2001£173,000
- Sold May 1999£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Love Lane, Mitcham have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2022, was 8, Harwood Avenue, Mitcham, CR4 3AS, a freehold house which sold for £395,000.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 160 addresses on Love Lane, Mitcham, CR4, 5, Love Lane, Mitcham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £159k more expensive than the average property across the CR4 district.
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Schools Nearby
- 400mBenedict Academy
- 500mSt Peter and Paul Catholic Primary School
- 600mBond Primary School
- 1.2kmSt Mark's Church of England Academy
- 1.5kmHarris Academy Morden
- 1.6kmHarris Academy Wimbledon
More reading links
Public Transport Nearby
From 5, Love Lane, Mitcham, the nearest station is Mitcham Eastfields, 1.3 kilometres away.
- 1.3kmMitcham Eastfields
- 1.5kmMitcham Junction
- 1.7kmColliers Wood
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
