According to the public record, 29, Priestley Road, Mitcham is a mid-century freehold house with 839 ft2 of internal area and sits on a 178 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Priestley Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
29, Priestley Road, Mitcham has 21 entries in the Land Registry database, most recently in September 2016 and a single entry in the EPC database dated June 2016.
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 29 Priestley Road Mitcham as £404,744 and the rental value as £2,273 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 29 Priestley Road Mitcham has increased by £5,844 (1.4%) and its rental value has increased by £76 per month (3.4%).
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 29, Priestley Road, Mitcham is in very good condition we estimate a sale value of £424,982 and rental value of £2,386 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,412 and a rental value of £2,114 per month.
If you were able to purchase this property for the estimated value of £404,744, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,989 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, 29, Priestley Road, Mitcham sits on a plot of 178m2.
We have plot size data on 20 out of 33 other houses in the postcode and 29, Priestley Road, Mitcham sits on the 6th largest plot.
According to HM Land Registry, 29, Priestley Road, Mitcham was last sold on 01 Sep 2016 for £384,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2016, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Priestley Road, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is 12, Priestley Road, Mitcham, CR4 2LL, a Freehold house which sold for £370,000 in Nov 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priestley Road, Mitcham, CR4 has a total of 35 addresses. According to our analysis of all the public data, 29, Priestley Road, Mitcham is the 27th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in CR4.
29, Priestley Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2016.
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 29, Priestley Road, Mitcham is Mitcham Eastfields station which is 100 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 29, Priestley Road, Mitcham, 40.4% of property is privately rented and 38.2% 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 29, Priestley Road, Mitcham, 26.4% of residents are recorded as possessing school level qualifications and 39.3% 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 29, Priestley Road, Mitcham, the average age was 37.3 and the most common age was 42.
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 29, Priestley Road, Mitcham, 1.0% 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 29, Priestley Road, Mitcham, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.