According to the public record, 148, Western Road, Mitcham is a period apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Western Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
148, Western Road, Mitcham has no records in the Land Registry database and a single entry in the EPC database dated May 2018.
We combine this information with public data 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 148 Western Road Mitcham as £356,803 and the rental value as £2,156 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 148 Western Road Mitcham has increased by £8,982 (2.5%) and its rental value has increased by £96 per month (4.4%).
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 148, Western Road, Mitcham is in very good condition we estimate a sale value of £374,643 and rental value of £2,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,827 and a rental value of £2,005 per month.
If you were able to purchase this property for the estimated value of £356,803, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,754 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 148, Western Road, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is 19, Dorset Road, Mitcham, CR4 3ES, a Leasehold flat which sold for £320,000 in Oct 2022.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Road, Mitcham, CR4 has a total of 75 addresses. According to our analysis of all the public data, 148, Western Road, Mitcham is the 41st largest and the 55th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in CR4.
148, Western Road, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 May 2018.
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 148, Western Road, Mitcham is Mitcham Eastfields station which is 1.1 kilometres 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 148, Western Road, Mitcham, 31.2% of property is privately owned with a mortgage and 28.7% is privately rented.
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 148, Western Road, Mitcham, 25.7% of residents are recorded as possessing school level qualifications and 36.1% 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 148, Western Road, Mitcham, the average age was 34.8 and the most common age was 37.
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 148, Western Road, Mitcham, 0.5% 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 148, Western Road, Mitcham, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.