According to the public record, 2 Village Schoolhouse, Lower Green West, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 818 ft2 of internal area and sits on a 687 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lower Green West, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2 Village Schoolhouse, Lower Green West, Mitcham has 91 entries in the Land Registry database, most recently in May 2002 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 2 Village Schoolhouse Lower Green West Mitcham as £432,337 and the rental value as £2,417 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 2 Village Schoolhouse Lower Green West Mitcham has increased by £11,211 (2.6%) and its rental value has increased by £110 per month (4.5%).
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 2 Village Schoolhouse, Lower Green West, Mitcham is in very good condition we estimate a sale value of £453,953 and rental value of £2,538 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,073 and a rental value of £2,248 per month.
If you were able to purchase this property for the estimated value of £432,337, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,125 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, 2 Village Schoolhouse, Lower Green West, Mitcham sits on a plot of 687m2.
According to HM Land Registry, 2 Village Schoolhouse, Lower Green West, Mitcham was last sold on 21 Jul 2022 for £500,000 and was recorded as a freehold house.
The property has had 9 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Village Schoolhouse, Lower Green West, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 37, Broadway Gardens, Mitcham, CR4 4EF, a Freehold house which sold for £457,500 in Dec 2021.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Green West, Mitcham, CR4 has a total of 64 addresses. According to our analysis of all the public data, 2 Village Schoolhouse, Lower Green West, Mitcham is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in CR4.
The closest station to 2 Village Schoolhouse, Lower Green West, Mitcham is Mitcham Eastfields station which is 1.3 kilometres away.