According to the public record, 5, Marsh Avenue, Mitcham is a period freehold house with 968 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marsh Avenue, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
5, Marsh Avenue, Mitcham has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated April 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 5 Marsh Avenue Mitcham as £458,395 and the rental value as £2,464 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 5 Marsh Avenue Mitcham has increased by £7,096 (1.5%) and its rental value has increased by £86 per month (3.5%).
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 5, Marsh Avenue, Mitcham is in very good condition we estimate a sale value of £481,315 and rental value of £2,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,308 and a rental value of £2,291 per month.
If you were able to purchase this property for the estimated value of £458,395, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,253 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, 5, Marsh Avenue, Mitcham sits on a plot of 193m2.
We have plot size data on 11 out of 25 other houses in the postcode and 5, Marsh Avenue, Mitcham sits on the 4th largest plot.
According to HM Land Registry, 5, Marsh Avenue, Mitcham was last sold on 11 Aug 2017 for £345,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Marsh Avenue, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 20, Marsh Avenue, Mitcham, CR4 2JN, a Freehold house which sold for £500,000 in Mar 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marsh Avenue, Mitcham, CR4 has a total of 25 addresses. According to our analysis of all the public data, 5, Marsh Avenue, Mitcham is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in CR4.
5, Marsh Avenue, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Apr 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 5, Marsh Avenue, Mitcham is Mitcham Eastfields station which is 500 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 5, Marsh Avenue, Mitcham, 41.3% of property is privately rented and 23.9% 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 5, Marsh Avenue, Mitcham, 16.0% of residents are recorded as possessing school level qualifications and 39.4% 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 5, Marsh Avenue, 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 5, Marsh Avenue, 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 5, Marsh Avenue, Mitcham, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.