According to the public record, 46, Albert Road, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,017 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Albert Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
46, Albert Road, Mitcham has 21 entries in the Land Registry database, most recently in December 2007 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 46 Albert Road Mitcham as £473,394 and the rental value as £2,521 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 46 Albert Road Mitcham has increased by £6,486 (1.4%) and its rental value has increased by £83 per month (3.3%).
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 46, Albert Road, Mitcham is in very good condition we estimate a sale value of £497,064 and rental value of £2,647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,256 and a rental value of £2,344 per month.
If you were able to purchase this property for the estimated value of £473,394, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,327 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, 46, Albert Road, Mitcham was last sold on 14 Dec 2007 for £259,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2007, the market for similar properties has risen 90.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Albert Road, Mitcham within a radius of 460 metres over the last 2 years.
The most recent example is 26, Whitford Gardens, Mitcham, CR4 4AA, a Freehold house which sold for £430,000 in May 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Mitcham, CR4 has a total of 69 addresses. According to our analysis of all the public data, 46, Albert Road, Mitcham is the 27th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in CR4.
The closest station to 46, Albert Road, Mitcham is Mitcham Eastfields station which is 900 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 46, Albert Road, Mitcham, 38.8% of property is privately owned outright and 36.2% 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 46, Albert Road, Mitcham, 18.4% of residents are recorded as possessing school level qualifications and 37.5% 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 46, Albert Road, Mitcham, the average age was 37.3 and the most common age was 42.
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 46, Albert Road, Mitcham, 0.3% 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 46, Albert Road, Mitcham, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.