London Road, Mitcham, CR4

Street Guide For London Road, Mitcham, CR4

 

London Road, Mitcham, CR4 Map

Estimated Price: £251,003
Average Asking Price: £346,135
Price change in last one year: £26,355
Average Price Paid: £203,412
Average Rent Rates: £1,499

 

Property Prices Breakdown in London Road, Mitcham, CR4

Average Price for property in London Road, Mitcham, CR4 is around £251,003 which varies based on type of property you are interested in and ranges from £696,097 for detached house to around £393,468 for semi-detached. Similarly terraced house is around £390,154 and a flat is worth £225,183. Values have been changing and have risen £1,596 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,511 in last 6 months, £26,355 in last 1 year, £45,429 in last 2 years, £50,176 in last 3 years, £50,662 in last 4 years and £50,072 in last 5 years.

Currently average asking price of a property in London Road, Mitcham, CR4 is around £346,135 based on approximately 21 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 London Road, Mitcham, CR4 is £251,003. Average asking price is £346,135 while average price paid is £243,902 which is up by £26,355 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 London Road, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £243,902 based on approximately 21 sales in London Road, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 47 properties where buyers paid around £223,560. 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 £203,412 for 70 and average amount paid for purchase of approx. 96 properties sold in last 7 years comes to about £195,993 per sale.

 
 

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 London 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 London Road, Mitcham, CR4 area.

Popular Houses in London Road, Mitcham, CR4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Transportation in London Road, Mitcham, CR4

Areas in and around London Road, Mitcham, CR4