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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 5, Priestley Road, Mitcham is £444,073 and the estimated rental value is £2,464 per month.
Priestley Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
5, Priestley Road, Mitcham has 2 entries in the Land Registry , most recently in March 2011 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property 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 5, Priestley Road, Mitcham is in very good condition we estimate a sale value of £466,276 and a rental value of £2,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,988 and a rental value of £2,292 per month.
Over the last 12 months the sale value of 5 Priestley Road Mitcham has decreased by an estimated £13,371 (3.0%) and its rental value has increased by an estimated £77 per month (3.1%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 5, Priestley Road, Mitcham sits on a plot of 163m2.
We have plot size data on 31 out of 34 other houses in the postcode and 5, Priestley Road, Mitcham sits on the 21st largest plot.
5, Priestley Road, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 2022.
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, 5, Priestley Road, Mitcham was last sold on 23rd March 2011 for £235,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2011, the market for similar properties has risen 101.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Priestley Road, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is 43, Sandy Lane, Mitcham, CR4 2HX, a freehold house which sold for £490,000 on the 13th June 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priestley Road, Mitcham, CR4 has a total of 34 addresses. According to our analysis of all the public data, 5, Priestley Road, Mitcham is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in CR4.
The nearest school is Lonesome Primary School which is 300 metres away. The nearest train station is Mitcham Eastfields which is 100 metres away.
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