According to the public record, 40, Firs Close, Mitcham is a modern freehold house with 441 ft2 of internal area and sits on a 94.5 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.
40, Firs Close, Mitcham has a single entry in the Land Registry database from December 2009 and a single entry in the EPC database dated September 2019.
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 40 Firs Close Mitcham as £335,344 and the rental value as £1,642 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 40 Firs Close Mitcham has increased by £8,849 (2.6%) and its rental value has increased by £74 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 40, Firs Close, Mitcham is in very good condition we estimate a sale value of £352,111 and rental value of £1,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,870 and a rental value of £1,527 per month.
If you were able to purchase this property for the estimated value of £335,344, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,648 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, 40, Firs Close, Mitcham sits on a plot of 94m2.
We have plot size data on 18 out of 27 other houses in the postcode and 40, Firs Close, Mitcham sits on the 15th largest plot.
According to HM Land Registry, 40, Firs Close, Mitcham was last sold on 17 Dec 2009 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2009, the market for similar properties has risen 113.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, 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 40, 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, 40, Firs Close, Mitcham is the 84th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in CR4.
40, Firs Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2019.
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 40, 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 40, 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 40, 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 40, 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 40, 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 40, 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.