According to the public record, 74, Grove Road, Mitcham is a early-century freehold house with 796 ft2 of internal area and sits on a 91.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grove Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
74, Grove Road, Mitcham has 31 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated October 2014.
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 74 Grove Road Mitcham as £433,506 and the rental value as £2,274 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 74 Grove Road Mitcham has increased by £6,020 (1.4%) and its rental value has increased by £75 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 74, Grove Road, Mitcham is in very good condition we estimate a sale value of £455,181 and rental value of £2,387 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,160 and a rental value of £2,114 per month.
If you were able to purchase this property for the estimated value of £433,506, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,131 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, 74, Grove Road, Mitcham sits on a plot of 92m2.
We have plot size data on 10 out of 13 other houses in the postcode and 74, Grove Road, Mitcham sits on the 16th largest plot.
According to HM Land Registry, 74, Grove Road, Mitcham was last sold on 27 Nov 2014 for £309,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2014, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Grove Road, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 23, Hammond Avenue, Mitcham, CR4 1SR, 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.
Our network of Estate Agents report 1 let within a 410 metres radius of 74, Grove Road, Mitcham over the last 2 years.
Most recently Flat 17, Jupiter House, Esquiline Lane, Mitcham, CR4 1GH, a Leasehold flat let by Your Home Managed in Jul 2024.
Grove Road, Mitcham, CR4 has a total of 266 addresses. According to our analysis of all the public data, 74, Grove Road, Mitcham is the 166th largest and the 121st most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in CR4.
74, Grove Road, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Oct 2014.
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 74, Grove Road, Mitcham is Mitcham Eastfields station which is 200 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 74, Grove Road, Mitcham, 35.0% of property is privately owned with a mortgage and 33.3% 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 74, Grove Road, Mitcham, 21.9% of residents are recorded as possessing school level qualifications and 41.0% 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 74, Grove Road, Mitcham, the average age was 35.1 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 74, Grove Road, Mitcham, 0.6% 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 74, Grove 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.