According to the public record, 250, London Road, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 678 ft2 of internal area and sits on a 65.9 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
London Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
250, London Road, Mitcham has a single entry in the Land Registry database from August 2010 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 250 London Road Mitcham as £349,589 and the rental value as £1,986 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 250 London Road Mitcham has increased by £5,527 (1.6%) and its rental value has increased by £70 per month (3.5%).
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 250, London Road, Mitcham is in very good condition we estimate a sale value of £367,068 and rental value of £2,085 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,117 and a rental value of £1,847 per month.
If you were able to purchase this property for the estimated value of £349,589, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,718 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, 250, London Road, Mitcham sits on a plot of 66m2.
We have plot size data on 2 out of 4 other houses in the postcode and 250, London Road, Mitcham sits on the 5th largest plot.
According to HM Land Registry, 250, London Road, Mitcham was last sold on 12 Aug 2010 for £161,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2010, the market for similar properties has risen 104.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 250, London Road, Mitcham within a radius of 360 metres over the last 2 years.
The most recent example is 24, Hilary Avenue, Mitcham, CR4 2LA, a Freehold house which sold for £370,500 in May 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Mitcham, CR4 has a total of 1051 addresses. According to our analysis of all the public data, 250, London Road, Mitcham is the 587th largest and the 157th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in CR4.
The closest station to 250, London Road, Mitcham is Mitcham Eastfields station which is 700 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 250, London Road, Mitcham, 61.5% 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 250, London Road, Mitcham, 35.4% of residents are recorded as possessing school level qualifications and 25.1% 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 250, London 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 250, London Road, Mitcham, 0.3% 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 250, London Road, Mitcham, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.