According to the public record, 15, Commonside West, Mitcham is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 759 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Commonside West, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
15, Commonside West, Mitcham has a single entry in the Land Registry database from December 2010 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Commonside West Mitcham as £409,741 and the rental value as £2,204 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 15 Commonside West Mitcham has increased by £5,614 (1.4%) and its rental value has increased by £73 per month (3.3%).
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 15, Commonside West, Mitcham is in very good condition we estimate a sale value of £430,228 and rental value of £2,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,059 and a rental value of £2,049 per month.
If you were able to purchase this property for the estimated value of £409,741, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,014 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 HM Land Registry, 15, Commonside West, Mitcham was last sold on 14 Dec 2010 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 105.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Commonside West, Mitcham within a radius of 500 metres over the last 2 years.
The most recent example is 33, Spencer Road, Mitcham, CR4 1SG, a Freehold house which sold for £380,000 in May 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commonside West, Mitcham, CR4 has a total of 57 addresses. According to our analysis of all the public data, 15, Commonside West, Mitcham is the 34th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in CR4.
The closest station to 15, Commonside West, Mitcham is Mitcham Eastfields station which is 800 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 15, Commonside West, Mitcham, 39.0% of property is privately owned with a mortgage and 31.9% is privately owned outright.
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 15, Commonside West, Mitcham, 22.0% of residents are recorded as possessing school level qualifications and 38.4% 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 15, Commonside West, 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 15, Commonside West, Mitcham, 0.0% 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 15, Commonside West, Mitcham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.