According to the public record, 16, Lavender Grove, Mitcham is a period freehold house with 861 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lavender Grove, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
16, Lavender Grove, Mitcham has a single entry in the Land Registry database from August 2023 and a single entry in the EPC database dated March 2023.
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 16 Lavender Grove Mitcham as £449,168 and the rental value as £2,357 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 16 Lavender Grove Mitcham has increased by £7,293 (1.6%) and its rental value has increased by £83 per month (3.5%).
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 16, Lavender Grove, Mitcham is in very good condition we estimate a sale value of £471,626 and rental value of £2,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,726 and a rental value of £2,192 per month.
If you were able to purchase this property for the estimated value of £449,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,208 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, 16, Lavender Grove, Mitcham sits on a plot of 149m2.
We have plot size data on 11 out of 18 other houses in the postcode and 16, Lavender Grove, Mitcham sits on the 14th largest plot.
According to HM Land Registry, 16, Lavender Grove, Mitcham was last sold on 04 Aug 2023 for £436,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lavender Grove, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 37, Steers Mead, Mitcham, CR4 3JX, a Freehold house which sold for £420,000 in Oct 2020.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lavender Grove, Mitcham, CR4 has a total of 50 addresses. According to our analysis of all the public data, 16, Lavender Grove, Mitcham is the 36th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in CR4.
16, Lavender Grove, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using room heaters.
The closest station to 16, Lavender Grove, Mitcham is Mitcham Eastfields station which is 1.0 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 16, Lavender Grove, Mitcham, 27.6% of property is privately rented and 23.3% 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 16, Lavender Grove, Mitcham, 26.9% of residents are recorded as possessing school level qualifications and 36.8% 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 16, Lavender Grove, 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 16, Lavender Grove, Mitcham, 0.7% 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 16, Lavender Grove, 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.