According to the public record, 34, Parchment Close, Mitcham is a modern freehold house with 1,302 ft2 of internal area and sits on a 129 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Parchment Close, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
34, Parchment Close, Mitcham has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated April 2018.
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 34 Parchment Close Mitcham as £614,618 and the rental value as £3,054 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 34 Parchment Close Mitcham has increased by £3,433 (0.6%) and its rental value has increased by £81 per month (2.7%).
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 34, Parchment Close, Mitcham is in very good condition we estimate a sale value of £645,349 and rental value of £3,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £571,595 and a rental value of £2,840 per month.
If you were able to purchase this property for the estimated value of £614,618, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,021 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, 34, Parchment Close, Mitcham sits on a plot of 129m2.
We have plot size data on 43 out of 43 other houses in the postcode and 34, Parchment Close, Mitcham sits on the 9th largest plot.
According to HM Land Registry, 34, Parchment Close, Mitcham was last sold on 03 May 2018 for £575,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Parchment Close, Mitcham within a radius of 500 metres over the last 2 years.
The most recent example is 36, Parchment Close, Mitcham, CR4 4FN, a Freehold house which sold for £575,000 in May 2018.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parchment Close, Mitcham, CR4 has a total of 47 addresses. According to our analysis of all the public data, 34, Parchment Close, Mitcham is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £220k more expensive than the average property in CR4.
34, Parchment Close, Mitcham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 34, Parchment Close, Mitcham is Mitcham Junction 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 34, Parchment Close, Mitcham, 65.4% of property is socially rented and 15.0% 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 34, Parchment Close, Mitcham, 25.8% of residents are recorded as possessing school level qualifications and 25.4% 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 34, Parchment Close, Mitcham, the average age was 34.9 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 34, Parchment Close, 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 34, Parchment Close, 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.