According to the public record, Chantry, Mitcham is a mid-century freehold house with 1,052 ft2 of internal area and sits on a 743 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Heatherdene Close, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
Chantry, Mitcham has a single entry in the Land Registry database from August 2023 and a single entry in the EPC database dated December 2022.
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 Chantry Mitcham as £517,631 and the rental value as £2,651 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Chantry Mitcham has increased by £9,746 (1.9%) and its rental value has increased by £104 per month (3.9%).
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 Chantry, Mitcham is in very good condition we estimate a sale value of £543,513 and rental value of £2,783 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,397 and a rental value of £2,465 per month.
If you were able to purchase this property for the estimated value of £517,631, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,544 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, Chantry, Mitcham sits on a plot of 743m2.
We have plot size data on 13 out of 27 other houses in the postcode and Chantry, Mitcham sits on the 2nd largest plot.
According to HM Land Registry, Chantry, Mitcham was last sold on 31 Aug 2023 for £480,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Chantry, Mitcham within a radius of 520 metres over the last 2 years.
The most recent example is 36, Bishopsford Road, Morden, SM4 6AX, a Freehold house which sold for £490,000 in May 2024.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heatherdene Close, Mitcham, CR4 has a total of 58 addresses. According to our analysis of all the public data, Chantry, Mitcham is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in CR4.
Chantry, Mitcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 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 Chantry, Mitcham is Mitcham Junction station which is 1.4 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 Chantry, Mitcham, 37.2% of property is privately owned outright and 33.6% 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 Chantry, Mitcham, 19.7% of residents are recorded as possessing school level qualifications and 39.6% 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 Chantry, Mitcham, the average age was 38.9 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 Chantry, Mitcham, 1.5% 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 Chantry, 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.