According to the public record, 48, Malvern Close, Mitcham is a mid-century freehold house with 1,065 ft2 of internal area and sits on a 212 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Malvern Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
48, Malvern Close, Mitcham has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated June 2016.
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 48 Malvern Close Mitcham as £483,786 and the rental value as £2,686 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 48 Malvern Close Mitcham has increased by £4,383 (0.9%) and its rental value has increased by £72 per month (2.7%).
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, Malvern Close, Mitcham is in very good condition we estimate a sale value of £507,975 and rental value of £2,820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,921 and a rental value of £2,498 per month.
If you were able to purchase this property for the estimated value of £483,786, 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 data from HM Land Registry, 48, Malvern Close, Mitcham sits on a plot of 212m2.
We have plot size data on 26 out of 61 other houses in the postcode and 48, Malvern Close, Mitcham sits on the 9th largest plot.
According to HM Land Registry, 48, Malvern Close, Mitcham was last sold on 04 Oct 2016 for £410,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Malvern Close, Mitcham within a radius of 480 metres over the last 2 years.
The most recent example is 55, Malvern Close, Mitcham, CR4 1EH, a Freehold house which sold for £485,000 in Apr 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Close, Mitcham, CR4 has a total of 62 addresses. According to our analysis of all the public data, 48, Malvern Close, Mitcham is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in CR4.
48, Malvern Close, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2016.
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 48, Malvern Close, Mitcham is Mitcham Eastfields 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 48, Malvern Close, Mitcham, 43.0% of property is privately owned outright and 35.9% 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 48, Malvern Close, Mitcham, 12.2% 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 48, Malvern Close, Mitcham, the average age was 38.2 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 48, Malvern 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, Malvern Close, Mitcham, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.