According to the public record, 62, Tynemouth Road, Mitcham is a period apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Tynemouth Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
62, Tynemouth Road, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2022.
We combine this information with public data 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 62 Tynemouth Road Mitcham as £449,675 and the rental value as £2,243 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 62 Tynemouth Road Mitcham has increased by £22,030 (4.9%) and its rental value has increased by £126 per month (5.6%).
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 62, Tynemouth Road, Mitcham is in very good condition we estimate a sale value of £472,159 and rental value of £2,355 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,198 and a rental value of £2,086 per month.
If you were able to purchase this property for the estimated value of £449,675, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,210 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 HM Land Registry, 62, Tynemouth Road, Mitcham was last sold on 06 Jul 2001 for £118,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Tynemouth Road, Mitcham within a radius of 340 metres over the last 2 years.
The most recent example is 21A, Bruce Road, Mitcham, CR4 2BJ, a Leasehold flat which sold for £550,000 in Jan 2024.
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 340 metres radius of 62, Tynemouth Road, Mitcham over the last 2 years.
Most recently 104, Ashbourne Road, Mitcham, CR4 2BB, a Freehold house let by Your Home Managed in Jul 2023.
Tynemouth Road, Mitcham, CR4 has a total of 128 addresses. According to our analysis of all the public data, 62, Tynemouth Road, Mitcham is the 23rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in CR4.
62, Tynemouth Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 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 62, Tynemouth Road, Mitcham is Tooting 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 62, Tynemouth Road, Mitcham, 57.3% of property is privately rented and 31.5% 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 62, Tynemouth Road, Mitcham, 21.8% of residents are recorded as possessing school level qualifications and 45.2% 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 62, Tynemouth Road, Mitcham, the average age was 35.3 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 62, Tynemouth Road, 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 62, Tynemouth Road, Mitcham, 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.