According to the public record, 21, Varley Way, Mitcham is a modern freehold house with 581 ft2 of internal area and sits on a 109 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Varley Way, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
21, Varley Way, Mitcham has 2 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated October 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 21 Varley Way Mitcham as £398,964 and the rental value as £1,922 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 21 Varley Way Mitcham has increased by £12,766 (3.2%) and its rental value has increased by £93 per month (4.8%).
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 21, Varley Way, Mitcham is in very good condition we estimate a sale value of £418,913 and rental value of £2,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,037 and a rental value of £1,788 per month.
If you were able to purchase this property for the estimated value of £398,964, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,961 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, 21, Varley Way, Mitcham sits on a plot of 109m2.
We have plot size data on 14 out of 19 other houses in the postcode and 21, Varley Way, Mitcham sits on the 10th largest plot.
According to HM Land Registry, 21, Varley Way, Mitcham was last sold on 20 Jun 2018 for £362,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2018, the market for similar properties has risen 19.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Varley Way, Mitcham within a radius of 380 metres over the last 2 years.
The most recent example is 4, Horner Lane, Mitcham, CR4 3QY, a Freehold house which sold for £425,525 in Sep 2022.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Varley Way, Mitcham, CR4 has a total of 19 addresses. According to our analysis of all the public data, 21, Varley Way, Mitcham is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in CR4.
21, Varley Way, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2015.
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 21, Varley Way, Mitcham is Morden station which is 1.2 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 21, Varley Way, Mitcham, 49.2% of property is socially rented and 19.7% 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 21, Varley Way, Mitcham, 22.2% of residents are recorded as possessing school level qualifications and 36.6% 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 21, Varley Way, Mitcham, the average age was 35.7 and the most common age was 32.
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 21, Varley Way, 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 21, Varley Way, Mitcham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.