According to the public record, 1, Priestley Road, Mitcham is a mid-century freehold house with 882 ft2 of internal area and sits on a 120 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Priestley Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
1, Priestley Road, Mitcham has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Priestley Road Mitcham as £414,691 and the rental value as £2,325 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 1 Priestley Road Mitcham has increased by £5,988 (1.4%) and its rental value has increased by £78 per month (3.4%).
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 1, Priestley Road, Mitcham is in very good condition we estimate a sale value of £435,425 and rental value of £2,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,662 and a rental value of £2,162 per month.
If you were able to purchase this property for the estimated value of £414,691, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,038 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Priestley Road, Mitcham sits on a plot of 120m2.
We have plot size data on 20 out of 33 other houses in the postcode and 1, Priestley Road, Mitcham sits on the 19th largest plot.
According to HM Land Registry, 1, Priestley Road, Mitcham was last sold on 29 Nov 2019 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Priestley Road, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is 12, Priestley Road, Mitcham, CR4 2LL, a Freehold house which sold for £370,000 in Nov 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 1, Priestley Road, Mitcham within a radius of 420 metres over the last 2 years.
Most recently 57, Grove Road, Mitcham, CR4 1SL, a Freehold house let by Your Home Managed in Jun 2024.
Priestley Road, Mitcham, CR4 has a total of 35 addresses. According to our analysis of all the public data, 1, Priestley Road, Mitcham is the 17th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in CR4.
1, Priestley Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Priestley Road, Mitcham is Mitcham Eastfields station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Priestley Road, Mitcham, 40.4% of property is privately rented and 38.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Priestley Road, Mitcham, 26.4% of residents are recorded as possessing school level qualifications and 39.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Priestley Road, Mitcham, the average age was 37.3 and the most common age was 42.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Priestley Road, Mitcham, 1.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Priestley Road, Mitcham, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.