According to the public record, 56, Mullards Close, Mitcham is a modern freehold house with 635 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Mullards Close, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
56, Mullards Close, Mitcham has 41 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated April 2021.
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 56 Mullards Close Mitcham as £412,034 and the rental value as £1,974 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 56 Mullards Close Mitcham has increased by £12,235 (3.0%) and its rental value has increased by £102 per month (5.2%).
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 56, Mullards Close, Mitcham is in very good condition we estimate a sale value of £432,636 and rental value of £2,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,192 and a rental value of £1,836 per month.
If you were able to purchase this property for the estimated value of £412,034, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,025 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, 56, Mullards Close, Mitcham sits on a plot of 121m2.
We have plot size data on 14 out of 20 other houses in the postcode and 56, Mullards Close, Mitcham sits on the 15th largest plot.
According to HM Land Registry, 56, Mullards Close, Mitcham was last sold on 31 Aug 2021 for £400,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 2021, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Mullards Close, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is 65, Mullards Close, Mitcham, CR4 4FD, a Freehold house which sold for £385,000 in Oct 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mullards Close, Mitcham, CR4 has a total of 219 addresses. According to our analysis of all the public data, 56, Mullards Close, Mitcham is the 42nd largest and the 15th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in CR4.
56, Mullards Close, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2021.
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 56, Mullards Close, 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 56, Mullards Close, Mitcham, 41.9% of property is privately owned with a mortgage and 21.6% is socially 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 56, Mullards Close, Mitcham, 19.0% of residents are recorded as possessing school level qualifications and 34.4% 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 56, Mullards Close, 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 56, Mullards 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 56, Mullards Close, 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.