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According to the public record, 59, Riverside Drive, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 993 ft2 of internal area and sits on a 179 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 59, Riverside Drive, Mitcham is £517,181 and the estimated rental value is £2,496 per month.
Riverside Drive, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
59, Riverside Drive, Mitcham has a single entry in the Land Registry from September 2009 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 59, Riverside Drive, Mitcham is in very good condition we estimate a sale value of £543,040 and a rental value of £2,621 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,978 and a rental value of £2,322 per month.
Over the last 12 months the sale value of 59 Riverside Drive Mitcham has decreased by an estimated £17,466 (3.4%) and its rental value has increased by an estimated £41 per month (1.6%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 59, Riverside Drive, Mitcham sits on a plot of 179m2.
We have plot size data on 35 out of 36 other houses in the postcode and 59, Riverside Drive, Mitcham sits on the 12th largest plot.
According to HM Land Registry, 59, Riverside Drive, Mitcham was last sold on 16th September 2009 for £229,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2009, the market for similar properties has risen 123.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Riverside Drive, Mitcham within a radius of 570 metres over the last 2 years.
The most recent example is 102, Riverside Drive, Mitcham, CR4 4BW, a freehold house which sold for £410,000 on the 8th April 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, 59, Riverside Drive, Mitcham is the 24th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in CR4.
The nearest school is Cranmer Primary School which is 410 metres away. The nearest train station is Mitcham Junction which is 1.0 kilometres away.
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