According to the public record, 5D, Grove Road, Mitcham is a modern freehold house with 484 ft2 of internal area and sits on a 141 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Grove Road, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
5D, Grove Road, Mitcham has 21 entries in the Land Registry database, most recently in March 2015 and a single entry in the EPC database dated October 2020.
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 5D Grove Road Mitcham as £311,390 and the rental value as £1,384 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 5D Grove Road Mitcham has increased by £8,217 (2.6%) and its rental value has increased by £62 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 5D, Grove Road, Mitcham is in very good condition we estimate a sale value of £326,960 and rental value of £1,453 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,593 and a rental value of £1,287 per month.
If you were able to purchase this property for the estimated value of £311,390, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,530 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, 5D, Grove Road, Mitcham sits on a plot of 141m2.
We have plot size data on 25 out of 39 other houses in the postcode and 5D, Grove Road, Mitcham sits on the 17th largest plot.
According to HM Land Registry, 5D, Grove Road, Mitcham was last sold on 10 Mar 2015 for £220,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2015, the market for similar properties has risen 35.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5D, Grove Road, Mitcham within a radius of 400 metres over the last 2 years.
The most recent example is 5A, Grove Road, Mitcham, CR4 1SL, a Freehold house which sold for £275,000 in Feb 2021.
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 400 metres radius of 5D, Grove Road, Mitcham over the last 2 years.
Most recently 57, Grove Road, Mitcham, CR4 1SL, a Freehold house let by Your Home Managed in Jun 2024.
Grove Road, Mitcham, CR4 has a total of 266 addresses. According to our analysis of all the public data, 5D, Grove Road, Mitcham is the 240th largest and the 174th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in CR4.
5D, Grove Road, Mitcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2020.
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 5D, Grove Road, Mitcham is Mitcham Eastfields station which is 300 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 5D, Grove Road, Mitcham, 43.0% of property is privately owned with a mortgage and 34.7% 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 5D, Grove Road, Mitcham, 16.6% of residents are recorded as possessing school level qualifications and 46.6% 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 5D, 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 5D, Grove Road, Mitcham, 1.9% 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 5D, Grove Road, Mitcham, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.