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According to the public record, 2A, New Road, Mitcham is a early-century freehold house with 753 ft2 of internal area and sits on a 220 m2 plot.
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 2A, New Road, Mitcham is £414,427 and the estimated rental value is £2,177 per month.
New Road, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
2A, New Road, Mitcham has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated July 2023.
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 2A, New Road, Mitcham is in very good condition we estimate a sale value of £435,148 and a rental value of £2,286 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,417 and a rental value of £2,024 per month.
Over the last 12 months the sale value of 2A New Road Mitcham has decreased by an estimated £12,478 (3.0%) and its rental value has increased by an estimated £68 per month (3.1%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 2A, New Road, Mitcham sits on a plot of 220m2.
We have plot size data on 20 out of 29 other houses in the postcode and 2A, New Road, Mitcham sits on the 4th largest plot.
2A, New Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2023.
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, 2A, New Road, Mitcham was last sold on 12th April 2024 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2024, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, New Road, Mitcham within a radius of 440 metres over the last 2 years.
The most recent example is 32, New Road, Mitcham, CR4 4JL, a freehold house which sold for £380,000 on the 30th September 2021.
Read more about house prices in CR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Mitcham, CR4 has a total of 118 addresses. According to our analysis of all the public data, 2A, New Road, Mitcham is the 31st largest and the 28th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in CR4.
The nearest school is Culvers House Primary School which is 100 metres away. The nearest train station is Hackbridge which is 700 metres away.
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