According to the public record, 2, Westfield Road, Mitcham is a period freehold house with 753 ft2 of internal area and sits on a 97.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Westfield Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
2, Westfield Road, Mitcham has 31 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated May 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 2 Westfield Road Mitcham as £395,634 and the rental value as £2,183 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 Westfield Road Mitcham has increased by £8,546 (2.2%) and its rental value has increased by £89 per month (4.1%).
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 2, Westfield Road, Mitcham is in very good condition we estimate a sale value of £415,416 and rental value of £2,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,940 and a rental value of £2,030 per month.
If you were able to purchase this property for the estimated value of £395,634, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,944 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, Westfield Road, Mitcham sits on a plot of 97m2.
We have plot size data on 9 out of 17 other houses in the postcode and 2, Westfield Road, Mitcham sits on the 7th largest plot.
According to HM Land Registry, 2, Westfield Road, Mitcham was last sold on 01 Dec 2017 for £337,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Westfield Road, Mitcham within a radius of 370 metres over the last 2 years.
The most recent example is 34, Edmund Road, Mitcham, CR4 3AR, a Freehold house which sold for £400,000 in Sep 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westfield Road, Mitcham, CR4 has a total of 24 addresses. According to our analysis of all the public data, 2, Westfield Road, Mitcham is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £927 more expensive than the average property in CR4.
2, Westfield Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2, Westfield Road, Mitcham is Mitcham Eastfields 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 2, Westfield Road, Mitcham, 30.2% of property is socially rented and 27.8% 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 2, Westfield Road, Mitcham, 27.9% of residents are recorded as possessing school level qualifications and 29.8% 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, Westfield 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 2, Westfield Road, Mitcham, 0.0% 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 2, Westfield Road, 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.