According to the public record, 471, Commonside East, Mitcham is a period freehold house with 1,420 ft2 of internal area and sits on a 147 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Commonside East, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
471, Commonside East, Mitcham has 2 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated July 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 471 Commonside East Mitcham as £568,260 and the rental value as £3,032 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 471 Commonside East Mitcham has increased by £5,076 (0.9%) and its rental value has increased by £65 per month (2.2%).
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 471, Commonside East, Mitcham is in very good condition we estimate a sale value of £596,673 and rental value of £3,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £528,482 and a rental value of £2,820 per month.
If you were able to purchase this property for the estimated value of £568,260, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,793 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, 471, Commonside East, Mitcham sits on a plot of 147m2.
We have plot size data on 19 out of 33 other houses in the postcode and 471, Commonside East, Mitcham sits on the 14th largest plot.
According to HM Land Registry, 471, Commonside East, Mitcham was last sold on 13 Jun 2023 for £590,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 471, Commonside East, Mitcham within a radius of 590 metres over the last 2 years.
The most recent example is 61A, Chestnut Grove, Mitcham, CR4 1RE, a Freehold house which sold for £562,500 in Sep 2022.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commonside East, Mitcham, CR4 has a total of 325 addresses. According to our analysis of all the public data, 471, Commonside East, Mitcham is the 15th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in CR4.
471, Commonside East, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2022.
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 471, Commonside East, Mitcham is Mitcham Junction station which is 1.3 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 471, Commonside East, Mitcham, 52.3% of property is privately owned with a mortgage and 24.6% 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 471, Commonside East, Mitcham, 20.3% of residents are recorded as possessing school level qualifications and 37.1% 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 471, Commonside East, Mitcham, the average age was 36.3 and the most common age was 12.
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 471, Commonside East, 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 471, Commonside East, Mitcham, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.