According to the public record, 16, Monmouth Close, Mitcham is a mid-century freehold house with 785 ft2 of internal area and sits on a 68.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Monmouth Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
16, Monmouth Close, Mitcham has 21 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated August 2015.
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 Monmouth Close Mitcham as £317,540 and the rental value as £1,798 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 16 Monmouth Close Mitcham has increased by £8,478 (2.7%) and its rental value has increased by £63 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, Monmouth Close, Mitcham is in very good condition we estimate a sale value of £333,417 and rental value of £1,888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,312 and a rental value of £1,672 per month.
If you were able to purchase this property for the estimated value of £317,540, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,561 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, Monmouth Close, Mitcham sits on a plot of 69m2.
We have plot size data on 11 out of 20 other houses in the postcode and 16, Monmouth Close, Mitcham sits on the 9th largest plot.
According to HM Land Registry, 16, Monmouth Close, Mitcham was last sold on 29 Nov 2019 for £270,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Monmouth Close, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is 73, Shropshire Close, Mitcham, CR4 1XX, a Freehold house which sold for £295,000 in Jun 2016.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monmouth Close, Mitcham, CR4 has a total of 30 addresses. According to our analysis of all the public data, 16, Monmouth Close, Mitcham is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in CR4.
16, Monmouth Close, Mitcham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
The closest station to 16, Monmouth Close, Mitcham is Norbury station which is 1.5 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, Monmouth Close, Mitcham, 44.4% of property is socially rented and 21.8% 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 16, Monmouth Close, Mitcham, 23.2% of residents are recorded as possessing school level qualifications and 33.0% 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, Monmouth Close, Mitcham, the average age was 36.3 and the most common age was 12.
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, Monmouth Close, Mitcham, 0.3% 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, Monmouth Close, 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.