According to the public record, 49, New Road, Mitcham is a mid-century freehold house with 990 ft2 of internal area and sits on a 156 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New Road, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
49, New Road, Mitcham has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated June 2018.
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 49 New Road Mitcham as £451,834 and the rental value as £2,460 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 49 New Road Mitcham has increased by £10,277 (2.3%) and its rental value has increased by £110 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 49, New Road, Mitcham is in very good condition we estimate a sale value of £474,426 and rental value of £2,583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,205 and a rental value of £2,288 per month.
If you were able to purchase this property for the estimated value of £451,834, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,221 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, 49, New Road, Mitcham sits on a plot of 156m2.
We have plot size data on 5 out of 19 other houses in the postcode and 49, New Road, Mitcham sits on the 6th largest plot.
According to HM Land Registry, 49, New Road, Mitcham was last sold on 12 Oct 2018 for £338,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, New Road, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 11, York Street, Mitcham, CR4 4JZ, a Freehold house which sold for £485,000 in Aug 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Mitcham, CR4 has a total of 118 addresses. According to our analysis of all the public data, 49, New Road, Mitcham is the 20th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in CR4.
49, New Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 49, New Road, Mitcham is Hackbridge station which is 700 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 49, New Road, Mitcham, 37.1% of property is privately owned with a mortgage and 29.2% 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 49, New Road, Mitcham, 22.4% of residents are recorded as possessing school level qualifications and 36.7% 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 49, New Road, Mitcham, the average age was 35.5 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 49, New Road, 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 49, New Road, Mitcham, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.