According to the public record, 4, Horner Lane, Mitcham is a modern freehold house with 581 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Horner Lane, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
4, Horner Lane, Mitcham has 21 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated March 2022.
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 4 Horner Lane Mitcham as £398,531 and the rental value as £1,937 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 4 Horner Lane Mitcham has increased by £11,548 (2.9%) and its rental value has increased by £89 per month (4.6%).
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 4, Horner Lane, Mitcham is in very good condition we estimate a sale value of £418,457 and rental value of £2,034 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,634 and a rental value of £1,802 per month.
If you were able to purchase this property for the estimated value of £398,531, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,959 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, 4, Horner Lane, Mitcham sits on a plot of 106m2.
We have plot size data on 8 out of 15 other houses in the postcode and 4, Horner Lane, Mitcham sits on the 7th largest plot.
According to HM Land Registry, 4, Horner Lane, Mitcham was last sold on 30 Sep 2022 for £425,525 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Horner Lane, Mitcham within a radius of 370 metres over the last 2 years.
The most recent example is 16, Sycamore Gardens, Mitcham, CR4 3QP, a Freehold house which sold for £300,000 in Mar 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horner Lane, Mitcham, CR4 has a total of 15 addresses. According to our analysis of all the public data, 4, Horner Lane, Mitcham is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in CR4.
4, Horner Lane, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 4, Horner Lane, Mitcham is Morden 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 4, Horner Lane, Mitcham, 54.2% of property is socially rented and 20.6% 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 4, Horner Lane, Mitcham, 22.1% of residents are recorded as possessing school level qualifications and 39.8% 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 4, Horner Lane, Mitcham, the average age was 35.7 and the most common age was 32.
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 4, Horner Lane, 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 4, Horner Lane, 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.