According to the public record, 376A, Grove Road, Mitcham is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 484 ft2 of internal area and sits on a 163 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Grove Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
376A, Grove Road, 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 376A Grove Road Mitcham as £410,626 and the rental value as £2,049 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 376A Grove Road Mitcham has increased by £10,295 (2.5%) and its rental value has increased by £85 per month (4.2%).
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 376A, Grove Road, Mitcham is in very good condition we estimate a sale value of £431,157 and rental value of £2,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,882 and a rental value of £1,905 per month.
If you were able to purchase this property for the estimated value of £410,626, 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, 376A, Grove Road, Mitcham sits on a plot of 163m2.
We have plot size data on 9 out of 26 other houses in the postcode and 376A, Grove Road, Mitcham sits on the 10th largest plot.
According to HM Land Registry, 376A, Grove Road, Mitcham was last sold on 02 Aug 2006 for £315,000 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 1 sale of a property similar to 376A, Grove Road, Mitcham within a radius of 410 metres over the last 2 years.
The most recent example is 2A, Hassocks Road, London, SW16 5EX, a Freehold house which sold for £395,000 in Aug 2019.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 410 metres radius of 376A, Grove Road, Mitcham over the last 2 years.
Most recently 112, Veronica Gardens, London, SW16 5JS, a Leasehold flat let by Your Home Managed in Dec 2023.
Grove Road, Mitcham, CR4 has a total of 266 addresses. According to our analysis of all the public data, 376A, Grove Road, Mitcham is the 234th largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in CR4.
376A, Grove Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2021.
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 376A, Grove Road, Mitcham is Mitcham Eastfields station which is 700 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 376A, Grove Road, Mitcham, 41.1% of property is privately owned with a mortgage and 29.5% 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 376A, Grove Road, Mitcham, 25.7% of residents are recorded as possessing school level qualifications and 37.6% 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 376A, Grove 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 376A, Grove Road, Mitcham, 0.3% 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 376A, Grove Road, 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.