According to the public record, 59, Miles Road, Mitcham is a modern freehold house with 731 ft2 of internal area and sits on a 83.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Miles Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
59, Miles Road, Mitcham has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated November 2020.
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 59 Miles Road Mitcham as £417,268 and the rental value as £2,190 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 59 Miles Road Mitcham has increased by £7,341 (1.8%) and its rental value has increased by £80 per month (3.7%).
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 59, Miles Road, Mitcham is in very good condition we estimate a sale value of £438,131 and rental value of £2,300 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,059 and a rental value of £2,037 per month.
If you were able to purchase this property for the estimated value of £417,268, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,051 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, 59, Miles Road, Mitcham sits on a plot of 83m2.
We have plot size data on 13 out of 18 other houses in the postcode and 59, Miles Road, Mitcham sits on the 15th largest plot.
According to HM Land Registry, 59, Miles Road, Mitcham was last sold on 25 Aug 2017 for £310,000 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 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Miles Road, Mitcham within a radius of 390 metres over the last 2 years.
The most recent example is 10, Furlong Avenue, Mitcham, CR4 3GF, a Freehold house which sold for £412,000 in Oct 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Miles Road, Mitcham, CR4 has a total of 165 addresses. According to our analysis of all the public data, 59, Miles Road, Mitcham is the 109th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in CR4.
59, Miles Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2020.
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 59, Miles Road, Mitcham is Mitcham Eastfields station which is 1.5 kilometres 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 59, Miles Road, Mitcham, 31.7% of property is privately rented and 29.7% 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 59, Miles Road, Mitcham, 20.0% of residents are recorded as possessing school level qualifications and 35.8% 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 59, Miles Road, Mitcham, the average age was 34.8 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 59, Miles Road, Mitcham, 0.8% 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 59, Miles Road, Mitcham, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.