According to the public record, 39, Octavia Close, Mitcham is a mid-century house with 1,076 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Octavia Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
39, Octavia Close, Mitcham has no records in the Land Registry database and a single entry in the EPC database dated February 2015.
We combine this information with public data 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 39 Octavia Close Mitcham as £395,812 and the rental value as £2,255 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 39 Octavia Close Mitcham has increased by £8,536 (2.2%) and its rental value has increased by £93 per month (4.1%).
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 39, Octavia Close, Mitcham is in very good condition we estimate a sale value of £415,602 and rental value of £2,368 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,105 and a rental value of £2,097 per month.
If you were able to purchase this property for the estimated value of £395,812, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,945 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Octavia Close, Mitcham within a radius of 570 metres over the last 2 years.
The most recent example is 91, Rawnsley Avenue, Mitcham, CR4 4BX, a Freehold house which sold for £340,000 in Oct 2021.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Octavia Close, Mitcham, CR4 has a total of 94 addresses. According to our analysis of all the public data, 39, Octavia Close, Mitcham is the 42nd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in CR4.
39, Octavia Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2015.
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 39, Octavia Close, Mitcham is Mitcham Junction station which is 1.2 kilometres 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 39, Octavia Close, Mitcham, 36.0% of property is socially rented and 22.8% 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 39, Octavia Close, Mitcham, 22.3% of residents are recorded as possessing school level qualifications and 34.8% 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 39, Octavia Close, Mitcham, the average age was 38.9 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 39, Octavia Close, Mitcham, 0.0% 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 39, Octavia Close, Mitcham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.