According to the public record, 7, Veals Mead, Mitcham is a modern house with 775 ft2 of internal area and sits on a 191 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Veals Mead, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
7, Veals Mead, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2018.
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 7 Veals Mead Mitcham as £506,509 and the rental value as £2,288 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 7 Veals Mead Mitcham has increased by £8,555 (1.7%) and its rental value has increased by £76 per month (3.3%).
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 7, Veals Mead, Mitcham is in very good condition we estimate a sale value of £531,834 and rental value of £2,402 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £471,053 and a rental value of £2,127 per month.
If you were able to purchase this property for the estimated value of £506,509, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,489 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, 7, Veals Mead, Mitcham sits on a plot of 191m2.
We have plot size data on 40 out of 53 other houses in the postcode and 7, Veals Mead, Mitcham sits on the 16th largest plot.
According to HM Land Registry, 7, Veals Mead, Mitcham was last sold on 06 Jul 1998 for £97,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Veals Mead, Mitcham within a radius of 420 metres over the last 2 years.
The most recent example is 5, Veals Mead, Mitcham, CR4 3SB, a Freehold house which sold for £590,000 in Jan 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veals Mead, Mitcham, CR4 has a total of 77 addresses. According to our analysis of all the public data, 7, Veals Mead, Mitcham is the 46th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in CR4.
7, Veals Mead, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2018.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Veals Mead, Mitcham is Colliers Wood station which is 900 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 7, Veals Mead, Mitcham, 42.2% of property is privately owned with a mortgage and 30.3% 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 7, Veals Mead, Mitcham, 18.0% of residents are recorded as possessing school level qualifications and 46.9% 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 7, Veals Mead, 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 7, Veals Mead, Mitcham, 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 7, Veals Mead, 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.