According to the public record, 28, Veals Mead, Mitcham is a modern house with 807 ft2 of internal area and sits on a 153 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Veals Mead, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
28, Veals Mead, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2019.
We combine this information with public data 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 28 Veals Mead Mitcham as £517,183 and the rental value as £2,333 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 28 Veals Mead Mitcham has increased by £8,736 (1.7%) and its rental value has increased by £78 per month (3.3%).
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 28, Veals Mead, Mitcham is in very good condition we estimate a sale value of £543,042 and rental value of £2,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,980 and a rental value of £2,170 per month.
If you were able to purchase this property for the estimated value of £517,183, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,542 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, 28, Veals Mead, Mitcham sits on a plot of 153m2.
We have plot size data on 40 out of 53 other houses in the postcode and 28, Veals Mead, Mitcham sits on the 27th largest plot.
According to HM Land Registry, 28, Veals Mead, Mitcham was last sold on 11 Jul 2000 for £158,000 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 28, Veals Mead, Mitcham within a radius of 430 metres over the last 2 years.
The most recent example is 54, Wilson Avenue, Mitcham, CR4 3JL, a Freehold house which sold for £562,500 in Jun 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veals Mead, Mitcham, CR4 has a total of 77 addresses. According to our analysis of all the public data, 28, Veals Mead, Mitcham is the 38th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in CR4.
28, Veals Mead, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2019.
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 28, Veals Mead, Mitcham is Colliers Wood station which is 900 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 28, Veals Mead, Mitcham, 42.2% of property is privately owned with a mortgage and 30.3% 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 28, Veals Mead, Mitcham, 18.0% of residents are recorded as possessing school level qualifications and 46.9% 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 28, Veals Mead, Mitcham, the average age was 35.3 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 28, Veals Mead, 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 28, Veals Mead, Mitcham, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.