According to the public record, 48, Fairfield Close, Mitcham is a modern house with 538 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Fairfield Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
48, Fairfield Close, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2023.
We combine this information with public data 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 48 Fairfield Close Mitcham as £365,874 and the rental value as £1,859 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 48 Fairfield Close Mitcham has increased by £10,403 (2.8%) and its rental value has increased by £84 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 48, Fairfield Close, Mitcham is in very good condition we estimate a sale value of £384,168 and rental value of £1,951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,263 and a rental value of £1,728 per month.
If you were able to purchase this property for the estimated value of £365,874, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,798 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, 48, Fairfield Close, Mitcham sits on a plot of 198m2.
We have plot size data on 26 out of 38 other houses in the postcode and 48, Fairfield Close, Mitcham sits on the 3rd largest plot.
According to HM Land Registry, 48, Fairfield Close, Mitcham was last sold on 18 Jan 2002 for £128,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Fairfield Close, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is 1, Heathfield Drive, Mitcham, CR4 3RD, a Freehold house which sold for £365,000 in Oct 2022.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfield Close, Mitcham, CR4 has a total of 81 addresses. According to our analysis of all the public data, 48, Fairfield Close, Mitcham is the 54th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in CR4.
48, Fairfield Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 48, Fairfield Close, Mitcham is Colliers Wood station which is 600 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 48, Fairfield Close, Mitcham, 32.9% of property is privately owned with a mortgage and 31.7% is privately rented.
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 48, Fairfield Close, Mitcham, 15.0% of residents are recorded as possessing school level qualifications and 42.9% 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 48, Fairfield Close, Mitcham, the average age was 35.3 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 48, Fairfield Close, 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 48, Fairfield Close, Mitcham, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.