According to the public record, 1A, Elm Gardens, Mitcham is a modern freehold house with 731 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elm Gardens, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
1A, Elm Gardens, Mitcham has 2 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated July 2016.
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 1A Elm Gardens Mitcham as £410,581 and the rental value as £2,203 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 1A Elm Gardens Mitcham has increased by £6,385 (1.6%) and its rental value has increased by £62 per month (2.8%).
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 1A, Elm Gardens, Mitcham is in very good condition we estimate a sale value of £431,110 and rental value of £2,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,841 and a rental value of £2,048 per month.
If you were able to purchase this property for the estimated value of £410,581, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,018 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, 1A, Elm Gardens, Mitcham sits on a plot of 149m2.
We have plot size data on 10 out of 20 other houses in the postcode and 1A, Elm Gardens, Mitcham sits on the 9th largest plot.
According to HM Land Registry, 1A, Elm Gardens, Mitcham was last sold on 20 Dec 2016 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2016, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Elm Gardens, Mitcham within a radius of 450 metres over the last 2 years.
The most recent example is 30, New Barns Avenue, Mitcham, CR4 1LE, a Freehold house which sold for £443,000 in Oct 2023.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Gardens, Mitcham, CR4 has a total of 49 addresses. According to our analysis of all the public data, 1A, Elm Gardens, Mitcham is the 44th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in CR4.
1A, Elm Gardens, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2016.
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 1A, Elm Gardens, Mitcham is Norbury station which is 1.6 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 1A, Elm Gardens, Mitcham, 42.9% of property is privately owned with a mortgage and 23.1% is privately owned outright.
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 1A, Elm Gardens, Mitcham, 22.9% of residents are recorded as possessing school level qualifications and 36.3% 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 1A, Elm Gardens, 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 1A, Elm Gardens, 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 1A, Elm Gardens, 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.