According to the public record, 50, Mitcham Lane, London is a period leasehold house with 1,485 ft2 of internal area and sits on a 202 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mitcham Lane, London, SW16 is located in the borough of Lambeth within the SW16 postal district.
50, Mitcham Lane, London has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated December 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 50 Mitcham Lane London as £689,445 and the rental value as £3,289 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 50 Mitcham Lane London has increased by £7,670 (1.1%) and its rental value has increased by £74 per month (2.3%).
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 50, Mitcham Lane, London is in very good condition we estimate a sale value of £723,917 and rental value of £3,454 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £641,184 and a rental value of £3,059 per month.
If you were able to purchase this property for the estimated value of £689,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,388 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, 50, Mitcham Lane, London sits on a plot of 202m2.
We have plot size data on 6 out of 15 other houses in the postcode and 50, Mitcham Lane, London sits on the 3rd largest plot.
According to HM Land Registry, 50, Mitcham Lane, London was last sold on 26 Jul 2019 for £625,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 330 metres radius of 50, Mitcham Lane, London over the last 2 years.
The most recent example is 60, Mitcham Lane, London, SW16 6NP, a Freehold house which sold for £585,000 in Nov 2020.
Read more about house prices in SW16.
Mitcham Lane, London, SW16 has a total of 534 addresses. According to our analysis of all the public data, 50, Mitcham Lane, London is the 59th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £143k more expensive than the average property in SW16.
50, Mitcham Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Dec 2018.
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 50, Mitcham Lane, London is Streatham (Greater London) station which is 300 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 50, Mitcham Lane, London, 28.9% of property is privately rented and 26.5% 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 50, Mitcham Lane, London, 26.4% of residents are recorded as possessing school level qualifications and 51.6% 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 50, Mitcham Lane, London, the average age was 35.4 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 50, Mitcham Lane, London, 0.3% 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 50, Mitcham Lane, London, 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.