According to the public record, 16, Spring Grove, Mitcham is a modern house with 796 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spring Grove, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
16, Spring Grove, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2016.
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 16 Spring Grove Mitcham as £453,178 and the rental value as £2,298 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 16 Spring Grove Mitcham has increased by £5,720 (1.3%) and its rental value has increased by £71 per month (3.1%).
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, Spring Grove, Mitcham is in very good condition we estimate a sale value of £475,837 and rental value of £2,413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,456 and a rental value of £2,138 per month.
If you were able to purchase this property for the estimated value of £453,178, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,227 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, Spring Grove, Mitcham sits on a plot of 136m2.
We have plot size data on 19 out of 22 other houses in the postcode and 16, Spring Grove, Mitcham sits on the 4th largest plot.
According to HM Land Registry, 16, Spring Grove, Mitcham was last sold on 22 Jan 2004 for £198,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Spring Grove, Mitcham within a radius of 430 metres over the last 2 years.
The most recent example is 36, Spring Grove, Mitcham, CR4 2NP, a Freehold house which sold for £440,000 in Sep 2021.
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 within a 430 metres radius of 16, Spring Grove, Mitcham over the last 2 years.
Most recently 57, Grove Road, Mitcham, CR4 1SL, a Freehold house let by Your Home Managed in Jun 2024.
Spring Grove, Mitcham, CR4 has a total of 98 addresses. According to our analysis of all the public data, 16, Spring Grove, Mitcham is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in CR4.
16, Spring Grove, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2016.
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 16, Spring Grove, Mitcham is Mitcham Eastfields station which is 500 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 16, Spring Grove, Mitcham, 44.4% of property is privately rented and 30.8% 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, Spring Grove, Mitcham, 19.3% of residents are recorded as possessing school level qualifications and 44.6% 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, Spring Grove, 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 16, Spring 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, Spring Grove, Mitcham, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.