According to the public record, 2, Mercer Close, Thames Ditton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,227 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Mercer Close, Thames Ditton, KT7 is located in the borough of Elmbridge within the KT7 postal district.
2, Mercer Close, Thames Ditton has a single entry in the Land Registry database from May 2006 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 Mercer Close Thames Ditton as £1,347,701 and the rental value as £3,864 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 2 Mercer Close Thames Ditton has increased by £33,180 (2.5%) and its rental value has increased by £96 per month (2.5%).
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, Mercer Close, Thames Ditton is in very good condition we estimate a sale value of £1,415,086 and rental value of £4,057 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,253,362 and a rental value of £3,593 per month.
If you were able to purchase this property for the estimated value of £1,347,701, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,624 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 HM Land Registry, 2, Mercer Close, Thames Ditton was last sold on 26 May 2006 for £380,000 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 2, Mercer Close, Thames Ditton within a radius of 680 metres over the last 2 years.
The most recent example is Glenluce, Portsmouth Road, Thames Ditton, KT7 0TQ, a Freehold house which sold for £1,250,000 in Jul 2022.
Read more about house prices in KT7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercer Close, Thames Ditton, KT7 has a total of 5 addresses. According to our analysis of all the public data, 2, Mercer Close, Thames Ditton is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £460k more expensive than the average property in KT7.
The closest station to 2, Mercer Close, Thames Ditton is Thames Ditton station which is 400 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 2, Mercer Close, Thames Ditton, 35.7% of property is privately rented and 32.2% is privately owned outright.
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 2, Mercer Close, Thames Ditton, 15.2% of residents are recorded as possessing school level qualifications and 52.7% 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 2, Mercer Close, Thames Ditton, the average age was 40.4 and the most common age was 47.
The graph below shows how this compares to South East 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 2, Mercer Close, Thames Ditton, 2.1% of property was a second home.
Comparison figures for South East 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 2, Mercer Close, Thames Ditton, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.