According to the public record, 9, Masons Place, Mitcham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 753 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Masons Place, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
9, Masons Place, Mitcham has a single entry in the Land Registry database from August 2006 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 9 Masons Place Mitcham as £453,779 and the rental value as £2,380 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 9 Masons Place Mitcham has increased by £7,162 (1.6%) and its rental value has increased by £82 per month (3.4%).
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 9, Masons Place, Mitcham is in very good condition we estimate a sale value of £476,468 and rental value of £2,499 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,014 and a rental value of £2,214 per month.
If you were able to purchase this property for the estimated value of £453,779, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,230 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, 9, Masons Place, Mitcham was last sold on 31 Aug 2006 for £218,000 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 9, Masons Place, Mitcham within a radius of 470 metres over the last 2 years.
The most recent example is 6, Bordergate, Mitcham, CR4 3JE, a Freehold house which sold for £515,000 in Sep 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Masons Place, Mitcham, CR4 has a total of 16 addresses. According to our analysis of all the public data, 9, Masons Place, Mitcham is the 9th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in CR4.
The closest station to 9, Masons Place, Mitcham is Tooting station which is 800 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 9, Masons Place, Mitcham, 39.8% of property is socially rented and 26.6% 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 9, Masons Place, Mitcham, 25.7% 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 9, Masons Place, Mitcham, the average age was 37.3 and the most common age was 42.
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 9, Masons Place, 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 9, Masons Place, Mitcham, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.