According to the public record, 78, Sherwood Park Road, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,038 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Sherwood Park Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
78, Sherwood Park Road, Mitcham has 21 entries in the Land Registry database, most recently in April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 78 Sherwood Park Road Mitcham as £460,304 and the rental value as £2,552 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 78 Sherwood Park Road Mitcham has increased by £6,790 (1.5%) and its rental value has increased by £84 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 78, Sherwood Park Road, Mitcham is in very good condition we estimate a sale value of £483,319 and rental value of £2,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,083 and a rental value of £2,374 per month.
If you were able to purchase this property for the estimated value of £460,304, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,262 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, 78, Sherwood Park Road, Mitcham was last sold on 27 Apr 2007 for £247,450 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 92.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Sherwood Park Road, Mitcham within a radius of 510 metres over the last 2 years.
The most recent example is 18, Franklin Crescent, Mitcham, CR4 1NH, a Freehold house which sold for £500,000 in Feb 2024.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherwood Park Road, Mitcham, CR4 has a total of 192 addresses. According to our analysis of all the public data, 78, Sherwood Park Road, Mitcham is the 66th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in CR4.
The closest station to 78, Sherwood Park Road, Mitcham is Mitcham Junction station which is 1.2 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 78, Sherwood Park Road, Mitcham, 41.7% of property is privately owned outright and 41.7% 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 78, Sherwood Park Road, Mitcham, 17.5% of residents are recorded as possessing school level qualifications and 37.1% 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 78, Sherwood Park 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 78, Sherwood Park 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 78, Sherwood Park Road, Mitcham, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.