According to the public record, 194, Phipps Bridge Road, Mitcham is a mid-century house with 1,356 ft2 of internal area and sits on a 173 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Phipps Bridge Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
194, Phipps Bridge Road, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2014.
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 194 Phipps Bridge Road Mitcham as £502,614 and the rental value as £2,832 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 194 Phipps Bridge Road Mitcham has increased by £12,626 (2.5%) and its rental value has increased by £124 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 194, Phipps Bridge Road, Mitcham is in very good condition we estimate a sale value of £527,744 and rental value of £2,974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,431 and a rental value of £2,634 per month.
If you were able to purchase this property for the estimated value of £502,614, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,470 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, 194, Phipps Bridge Road, Mitcham sits on a plot of 173m2.
We have plot size data on 12 out of 18 other houses in the postcode and 194, Phipps Bridge Road, Mitcham sits on the 2nd largest plot.
According to HM Land Registry, 194, Phipps Bridge Road, Mitcham was last sold on 12 Aug 1999 for £90,050 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 194, Phipps Bridge Road, Mitcham within a radius of 480 metres over the last 2 years.
The most recent example is 12A, New Close, London, SW19 2SY, a Freehold house which sold for £515,000 in Oct 2022.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Phipps Bridge Road, Mitcham, CR4 has a total of 305 addresses. According to our analysis of all the public data, 194, Phipps Bridge Road, Mitcham is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in CR4.
194, Phipps Bridge Road, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2014.
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 194, Phipps Bridge Road, Mitcham is Morden 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 194, Phipps Bridge Road, Mitcham, 39.7% of property is socially rented and 24.1% 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 194, Phipps Bridge Road, Mitcham, 25.8% of residents are recorded as possessing school level qualifications and 41.4% 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 194, Phipps Bridge 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 194, Phipps Bridge Road, 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 194, Phipps Bridge Road, Mitcham, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.