According to the public record, 86, Chestnut Grove, Mitcham is a modern house with 1,280 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chestnut Grove, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
86, Chestnut Grove, Mitcham has no records in the Land Registry database and a single entry in the EPC database dated October 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 86 Chestnut Grove Mitcham as £516,678 and the rental value as £2,873 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 86 Chestnut Grove Mitcham has increased by £5,197 (1.0%) and its rental value has increased by £55 per month (1.9%).
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 86, Chestnut Grove, Mitcham is in very good condition we estimate a sale value of £542,512 and rental value of £3,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,510 and a rental value of £2,672 per month.
If you were able to purchase this property for the estimated value of £516,678, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,539 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Chestnut Grove, Mitcham within a radius of 520 metres over the last 2 years.
The most recent example is 61A, Chestnut Grove, Mitcham, CR4 1RE, a Freehold house which sold for £562,500 in Sep 2022.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Grove, Mitcham, CR4 has a total of 110 addresses. According to our analysis of all the public data, 86, Chestnut Grove, Mitcham is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in CR4.
86, Chestnut Grove, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Oct 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 86, Chestnut Grove, Mitcham is Mitcham Junction station which is 1.7 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 86, Chestnut Grove, Mitcham, 39.3% of property is privately owned with a mortgage and 25.0% is socially 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 86, Chestnut Grove, Mitcham, 29.0% of residents are recorded as possessing school level qualifications and 29.7% 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 86, Chestnut Grove, Mitcham, the average age was 36.3 and the most common age was 12.
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 86, Chestnut Grove, Mitcham, 2.2% 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 86, Chestnut Grove, Mitcham, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.