According to the public record, 38, Firs Close, Mitcham is a modern freehold house with 462 ft2 of internal area and sits on a 95.1 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Firs Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
38, Firs Close, Mitcham has a single entry in the Land Registry database from February 2016 and a single entry in the EPC database dated March 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 38 Firs Close Mitcham as £344,470 and the rental value as £1,687 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 38 Firs Close Mitcham has increased by £9,090 (2.6%) and its rental value has increased by £76 per month (4.5%).
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 38, Firs Close, Mitcham is in very good condition we estimate a sale value of £361,694 and rental value of £1,771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,357 and a rental value of £1,569 per month.
If you were able to purchase this property for the estimated value of £344,470, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,693 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, 38, Firs Close, Mitcham sits on a plot of 95m2.
We have plot size data on 18 out of 27 other houses in the postcode and 38, Firs Close, Mitcham sits on the 14th largest plot.
According to HM Land Registry, 38, Firs Close, Mitcham was last sold on 26 Feb 2016 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2016, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Firs Close, Mitcham within a radius of 430 metres over the last 2 years.
The most recent example is 4, Spring Grove, Mitcham, CR4 2NP, a Freehold house which sold for £275,000 in Sep 2018.
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 1 let within a 430 metres radius of 38, Firs Close, 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.
Firs Close, Mitcham, CR4 has a total of 97 addresses. According to our analysis of all the public data, 38, Firs Close, Mitcham is the 68th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in CR4.
38, Firs Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 38, Firs Close, 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 38, Firs Close, Mitcham, 30.7% of property is privately owned with a mortgage and 25.2% 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 38, Firs Close, Mitcham, 24.0% of residents are recorded as possessing school level qualifications and 35.1% 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 38, Firs Close, 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 38, Firs Close, Mitcham, 0.8% 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 38, Firs 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.