Average Price for property in Chestnut Grove, Mitcham, CR4 is around £320,989 which varies based on type of property you are interested in and ranges from £329,389 for detached house to around £340,674 for semi-detached. Similarly terraced house is around £341,075 and a flat is worth £205,354. Values have been changing and have risen £2,040 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,210 in last 6 months, £33,701 in last 1 year, £58,093 in last 2 years, £64,160 in last 3 years, £64,779 in last 4 years and £64,023 in last 5 years.
Currently average asking price of a property in Chestnut Grove, Mitcham, CR4 is around £346,135 based on approximately 4 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 Chestnut Grove, Mitcham, CR4 is £320,989. Average asking price is £346,135 while average price paid is £263,125 which is up by £33,701 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 Chestnut Grove, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £263,125 based on approximately 4 sales in Chestnut Grove, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £258,750. 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 £236,730 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £230,833 per sale.