Average Price for property in Bruce Road, Mitcham, CR4 is around £307,846 which varies based on type of property you are interested in and ranges from £397,576 for terraced house to around £276,546 for a flat. Values have been changing and have risen £1,956 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,078 in last 6 months, £32,320 in last 1 year, £55,714 in last 2 years, £61,534 in last 3 years, £62,126 in last 4 years and £61,400 in last 5 years.
Currently average asking price of a property in Bruce 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 Bruce Road, Mitcham, CR4 is £307,846. Average asking price is £346,135 while average price paid is £353,250 which is up by £32,320 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 Bruce Road, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £353,250 based on approximately 3 sales in Bruce Road, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £281,843. 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 £237,985 for 21 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £236,206 per sale.