According to the public record, 350, Grove Road, Mitcham is a early-century freehold house with 990 ft2 of internal area and sits on a 229 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grove Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
350, Grove Road, Mitcham has 2 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated August 2014.
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 350 Grove Road Mitcham as £512,002 and the rental value as £2,574 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 350 Grove Road Mitcham has increased by £8,982 (1.8%) and its rental value has increased by £87 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 350, Grove Road, Mitcham is in very good condition we estimate a sale value of £537,602 and rental value of £2,702 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £476,162 and a rental value of £2,393 per month.
If you were able to purchase this property for the estimated value of £512,002, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,516 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, 350, Grove Road, Mitcham sits on a plot of 229m2.
We have plot size data on 9 out of 26 other houses in the postcode and 350, Grove Road, Mitcham sits on the 4th largest plot.
According to HM Land Registry, 350, Grove Road, Mitcham was last sold on 31 Aug 2017 for £470,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2017, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 350, Grove Road, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is 187, Abercairn Road, London, SW16 5AJ, a Freehold house which sold for £475,000 in Dec 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 420 metres radius of 350, Grove Road, Mitcham over the last 2 years.
Most recently 57, Grove Road, Mitcham, CR4 1SL, a Freehold house let by Your Home Managed in Jun 2024.
Grove Road, Mitcham, CR4 has a total of 266 addresses. According to our analysis of all the public data, 350, Grove Road, Mitcham is the 31st largest and the 16th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in CR4.
350, Grove Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2014.
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 350, Grove 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 350, Grove Road, Mitcham, 41.1% of property is privately owned with a mortgage and 29.5% 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 350, Grove Road, Mitcham, 25.7% of residents are recorded as possessing school level qualifications and 37.6% 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 350, Grove Road, Mitcham, the average age was 35.1 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 350, Grove 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 350, Grove Road, Mitcham, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.