According to the public record, 43, Homefield Gardens, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 969 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Homefield Gardens, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
43, Homefield Gardens, Mitcham has 31 entries in the Land Registry database, most recently in October 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 43 Homefield Gardens Mitcham as £483,849 and the rental value as £2,522 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 43 Homefield Gardens Mitcham has increased by £8,868 (1.8%) and its rental value has increased by £87 per month (3.5%).
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 43, Homefield Gardens, Mitcham is in very good condition we estimate a sale value of £508,042 and rental value of £2,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,980 and a rental value of £2,346 per month.
If you were able to purchase this property for the estimated value of £483,849, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,378 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 HM Land Registry, 43, Homefield Gardens, Mitcham was last sold on 30 Oct 2009 for £247,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2009, the market for similar properties has risen 107.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Homefield Gardens, Mitcham within a radius of 430 metres over the last 2 years.
The most recent example is 17, Homefield Gardens, Mitcham, CR4 3BZ, a Freehold house which sold for £410,000 in Dec 2022.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homefield Gardens, Mitcham, CR4 has a total of 71 addresses. According to our analysis of all the public data, 43, Homefield Gardens, Mitcham is the 31st largest and the 50th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in CR4.
The closest station to 43, Homefield Gardens, Mitcham is South Wimbledon station which is 1.0 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 43, Homefield Gardens, Mitcham, 34.6% of property is privately owned with a mortgage and 31.8% 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 43, Homefield Gardens, Mitcham, 17.7% of residents are recorded as possessing school level qualifications and 45.1% 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 43, Homefield Gardens, 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 43, Homefield Gardens, Mitcham, 2.4% 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 43, Homefield Gardens, 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.