Albert Road, Mitcham, CR4 Street Guide UK

Property Prices Breakdown in Albert Road, Mitcham, CR4

Average Price for property in Albert Road, Mitcham, CR4 is around £336,218 which varies based on type of property you are interested in and ranges from £415,626 for detached house to around £284,277 for semi-detached. Similarly terraced house is around £354,045 and a flat is worth £199,720. Values have been changing and have risen £2,138 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,363 in last 6 months, £35,299 in last 1 year, £60,848 in last 2 years, £67,204 in last 3 years, £67,852 in last 4 years and £67,060 in last 5 years.

Currently average asking price of a property in Albert Road, Mitcham, CR4 is around £346,135 based on approximately 3 properties for sale. Same is the case with rental options based on 102 properties up for rent, average asking rent is around £1,499 per month.

Estimated property value in Albert Road, Mitcham, CR4 is £336,218. Average asking price is £346,135 while average price paid is £301,666 which is up by £35,299 and Avg. asking rent £1,499.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Albert Road, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £301,666 based on approximately 3 sales in Albert Road, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £283,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £248,125 for 8 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £240,611 per sale.

Kitchen

Bedroom

Bathroom

Living Room

Dining Room

Family Room

Drawing Room

Garden

House Front

Front Lawn

Attic Space

Backyard

Balcony

Basement

Conservatory/Sun room

Corridor

Door

Drawing/Blue print

En-Suite

Entry/Entrance

Fireplace

Garage/Shed

Gym

Hall

Home Bar

Home Office

Interior Decor

Kids Room

Landing

Laundry

Mirror

Misc

Neighbourhood

Outdoor Landscaping

Outside Look

Parking

Pools & Sport

Rear Elevation

Rooftop

Staircase

Storage/Closet

Study Room

Swimming pool

Utility Room

Wardrobe

Water View

Window

Wine Cellar

Work Room

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £222,500, £330,323 for a 2 bedroom house, £382,004 for a 3 bedroom house, £456,686 for a 4 bedroom house and £606,236 for a 5 bedroom house. For a flat similarly the prices varies from £209,963 for a single bedroom to £266,500 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £302,850 and £385,000 for a 4 bedroom flat. To sum up the asking prices for properties in Albert Road, Mitcham, CR4 it comes to around average £211,996 for 1 bedroom property, £275,979 for 2 bedroom, £372,021 for 3 bedroom, £454,514 for 4 bedroom and £606,236 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £699 for 1 bedroom to £1,357 for 2 bedrooms, £1,706 for 3 bedrooms, £1,732 for 4 bedrooms and £1,876 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £983. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,224, £1,725 for 3 bedroom and £1,751 for 4 bedroom. You should be generally be expecting around average £930 rent per month for single bedroom property, £1,248 for 2 bedroom, £1,709 for 3 bedroom, £1,734 for 4 bedroom and approximately £1,876 for a 5 bedroom property in Albert Road, Mitcham, CR4 area.