According to the public record, 5, Meopham Road, Mitcham is a modern freehold house with 688 ft2 of internal area and sits on a 92.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meopham Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
5, Meopham Road, Mitcham has 51 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated April 2014.
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 Meopham Road Mitcham as £455,584 and the rental value as £2,186 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 5 Meopham Road Mitcham has increased by £7,992 (1.8%) and its rental value has increased by £74 per month (3.4%).
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, Meopham Road, Mitcham is in very good condition we estimate a sale value of £478,364 and rental value of £2,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,694 and a rental value of £2,033 per month.
If you were able to purchase this property for the estimated value of £455,584, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,239 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, Meopham Road, Mitcham sits on a plot of 93m2.
We have plot size data on 18 out of 27 other houses in the postcode and 5, Meopham Road, Mitcham sits on the 18th largest plot.
According to HM Land Registry, 5, Meopham Road, Mitcham was last sold on 22 Jul 2022 for £450,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Meopham Road, Mitcham within a radius of 430 metres over the last 2 years.
The most recent example is 6, Veronica Gardens, London, SW16 5JS, a Freehold house which sold for £412,500 in Dec 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 430 metres radius of 5, Meopham Road, Mitcham over the last 2 years.
Most recently 112, Veronica Gardens, London, SW16 5JS, a Leasehold flat let by Your Home Managed in Dec 2023.
Meopham Road, Mitcham, CR4 has a total of 103 addresses. According to our analysis of all the public data, 5, Meopham Road, Mitcham is the 57th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in CR4.
5, Meopham Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2014.
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, Meopham Road, Mitcham is Mitcham Eastfields 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 5, Meopham Road, Mitcham, 46.0% of property is privately owned with a mortgage and 27.4% 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 5, Meopham Road, Mitcham, 20.9% of residents are recorded as possessing school level qualifications and 37.7% 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 5, Meopham Road, Mitcham, the average age was 35.1 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 5, Meopham Road, Mitcham, 0.6% 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, Meopham Road, Mitcham, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.