51, Chestnut Grove
51, Chestnut Grove
Description & Estimates
51, Chestnut Grove, Mitcham is described in the public record as a modern house with 904 ft2 of internal area, sitting on a 297 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 51, Chestnut Grove, Mitcham is £415,326 and its rental estimate is £2,285 per month, given the available information and assuming reasonable condition.
Chestnut Grove, Mitcham, CR4 falls within the CR4 postal district, in the borough of Merton.
Our Data Sources
51, Chestnut Grove, Mitcham has no records in the the Land Registry and a single entry in the EPC database dated September 2024.
We combine this information with public data 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.
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 51, Chestnut Grove, Mitcham, we estimate a market value of £436,093 and a rental value of £2,399 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £386,253 and £2,125 per month respectively.
Recent Market Change
Over the last year, 51, Chestnut Grove, Mitcham has seen its estimated sale value drop by £12,505 (3.0%) and its estimated rental value rise by £71 per month (3.1%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 51, Chestnut Grove, Mitcham as measuring 297 m2.
That makes it the 3rd largest plot in the postcode, where 21 of the 33 other houses have recorded plot data.
Energy Efficiency
51, Chestnut Grove, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 51, Chestnut Grove, Mitcham have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 7, Almond Way, Mitcham, CR4 1LP, a freehold house which sold for £458,000.
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 110 addresses on Chestnut Grove, Mitcham, CR4, 51, Chestnut Grove, Mitcham comes out as the 98th largest and the 91st most expensive in our analysis of the public data.
It is also £23k more expensive than the average property across the CR4 district.
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Schools Nearby
- 500mThe Sherwood School
- 600mWilliam Morris Primary School
- 600mHarris Primary Academy Merton
- 600mHarris Academy Merton
- 600mThe Archbishop Lanfranc Academy
- 1.8kmSt Mark's Church of England Academy
More reading links
Public Transport Nearby
From 51, Chestnut Grove, Mitcham, the nearest station is Mitcham Junction, 1.7 kilometres away.
- 1.7kmMitcham Junction
- 1.9kmNorbury
- 1.9kmMitcham Eastfields
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
