According to the public record, 2B, New Road, Mitcham is a early-century freehold house with 763 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New Road, Mitcham, CR4 is located in the borough of Sutton within the CR4 postal district.
2B, New Road, Mitcham has a single entry in the Land Registry database from September 2010 and a single entry in the EPC database dated February 2010.
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 2B New Road Mitcham as £434,413 and the rental value as £2,212 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2B New Road Mitcham has increased by £9,881 (2.3%) and its rental value has increased by £99 per month (4.5%).
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 2B, New Road, Mitcham is in very good condition we estimate a sale value of £456,133 and rental value of £2,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,004 and a rental value of £2,057 per month.
If you were able to purchase this property for the estimated value of £434,413, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,135 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, 2B, New Road, Mitcham sits on a plot of 165m2.
We have plot size data on 13 out of 28 other houses in the postcode and 2B, New Road, Mitcham sits on the 8th largest plot.
According to HM Land Registry, 2B, New Road, Mitcham was last sold on 24 Sep 2010 for £190,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2010, the market for similar properties has risen 100.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, New Road, Mitcham within a radius of 430 metres over the last 2 years.
The most recent example is 2A, New Road, Mitcham, CR4 4JL, a Freehold house which sold for £430,000 in Apr 2024.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Mitcham, CR4 has a total of 118 addresses. According to our analysis of all the public data, 2B, New Road, Mitcham is the 28th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in CR4.
2B, New Road, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Feb 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2B, New Road, Mitcham is Hackbridge 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 2B, New Road, Mitcham, 37.1% of property is privately owned with a mortgage and 29.2% 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 2B, New Road, Mitcham, 22.4% of residents are recorded as possessing school level qualifications and 36.7% 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 2B, New Road, Mitcham, the average age was 35.5 and the most common age was 32.
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 2B, New Road, 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 2B, New Road, Mitcham, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.