According to the public record, 8, Tramway Path, Mitcham is a mid-century house with 990 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Tramway Path, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
8, Tramway Path, Mitcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated December 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 8 Tramway Path Mitcham as £454,504 and the rental value as £2,479 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8 Tramway Path Mitcham has increased by £7,596 (1.7%) and its rental value has increased by £90 per month (3.6%).
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 8, Tramway Path, Mitcham is in very good condition we estimate a sale value of £477,230 and rental value of £2,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,689 and a rental value of £2,306 per month.
If you were able to purchase this property for the estimated value of £454,504, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,234 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, 8, Tramway Path, Mitcham sits on a plot of 204m2.
We have plot size data on 13 out of 19 other houses in the postcode and 8, Tramway Path, Mitcham sits on the 7th largest plot.
According to HM Land Registry, 8, Tramway Path, Mitcham was last sold on 15 May 2004 for £195,000 and was recorded as a freehold house.
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 8, Tramway Path, Mitcham within a radius of 550 metres over the last 2 years.
The most recent example is 104, Brookfields Avenue, Mitcham, CR4 4BT, a Freehold house which sold for £497,500 in May 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tramway Path, Mitcham, CR4 has a total of 36 addresses. According to our analysis of all the public data, 8, Tramway Path, Mitcham is the 14th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in CR4.
8, Tramway Path, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 8, Tramway Path, Mitcham is Mitcham Junction station which is 1.0 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 8, Tramway Path, Mitcham, 36.0% of property is privately owned with a mortgage and 24.8% 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 8, Tramway Path, Mitcham, 20.7% of residents are recorded as possessing school level qualifications and 33.5% 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 8, Tramway Path, Mitcham, the average age was 38.9 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 8, Tramway Path, 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 8, Tramway Path, 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.