According to the public record, 37, Fernlea Road, Mitcham is a period freehold house with 941 ft2 of internal area and sits on a 117 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fernlea Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
37, Fernlea Road, Mitcham has 3 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated December 2010.
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 37 Fernlea Road Mitcham as £480,986 and the rental value as £2,471 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 37 Fernlea Road Mitcham has increased by £6,945 (1.4%) and its rental value has increased by £83 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 37, Fernlea Road, Mitcham is in very good condition we estimate a sale value of £505,035 and rental value of £2,594 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,317 and a rental value of £2,298 per month.
If you were able to purchase this property for the estimated value of £480,986, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,364 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, 37, Fernlea Road, Mitcham sits on a plot of 117m2.
We have plot size data on 34 out of 46 other houses in the postcode and 37, Fernlea Road, Mitcham sits on the 25th largest plot.
According to HM Land Registry, 37, Fernlea Road, Mitcham was last sold on 12 May 2021 for £400,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Fernlea Road, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 4, Elmfield Avenue, Mitcham, CR4 2HL, a Freehold house which sold for £475,000 in May 2024.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fernlea Road, Mitcham, CR4 has a total of 83 addresses. According to our analysis of all the public data, 37, Fernlea Road, Mitcham is the 36th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in CR4.
37, Fernlea Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 37, Fernlea Road, Mitcham is Mitcham Eastfields station which is 300 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 37, Fernlea Road, Mitcham, 49.2% of property is privately rented and 25.4% is privately owned outright.
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 37, Fernlea Road, Mitcham, 20.1% of residents are recorded as possessing school level qualifications and 33.5% 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 37, Fernlea 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 37, Fernlea Road, Mitcham, 0.9% 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 37, Fernlea 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.