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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Madeira Road, Mitcham is £469,277 and the estimated rental value is £2,710 per month.
Madeira Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
6, Madeira Road, Mitcham has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property 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 6, Madeira Road, Mitcham is in very good condition we estimate a sale value of £492,741 and a rental value of £2,846 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,428 and a rental value of £2,521 per month.
Over the last 12 months the sale value of 6 Madeira Road Mitcham has decreased by an estimated £18,419 (3.9%) and its rental value has increased by an estimated £62 per month (2.3%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 6, Madeira Road, Mitcham sits on a plot of 280m2.
We have plot size data on 15 out of 23 other houses in the postcode and 6, Madeira Road, Mitcham sits on the 7th largest plot.
6, Madeira Road, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 6, Madeira Road, Mitcham was last sold on 12th August 2022 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Madeira Road, Mitcham within a radius of 640 metres over the last 2 years.
The most recent example is 13, Madeira Road, Mitcham, CR4 4HD, a freehold house which sold for £394,000 on the 17th January 2024.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Madeira Road, Mitcham, CR4 has a total of 23 addresses. According to our analysis of all the public data, 6, Madeira Road, Mitcham is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in CR4.
The nearest school is Cranmer Primary School which is 400 metres away. The nearest train station is Mitcham Junction which is 800 metres away.
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