Average Price for property in Miles Road, Mitcham, CR4 is around £259,299 which varies based on type of property you are interested in and ranges from £385,145 for detached house to around £341,826 for semi-detached. Similarly terraced house is around £303,560 and a flat is worth £242,240. Values have been changing and have risen £1,649 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,595 in last 6 months, £27,226 in last 1 year, £46,930 in last 2 years, £51,834 in last 3 years, £52,336 in last 4 years and £51,728 in last 5 years.
Currently average asking price of a property in Miles Road, Mitcham, CR4 is around £346,135 based on approximately 1 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 Miles Road, Mitcham, CR4 is £259,299. Average asking price is £346,135 while average price paid is £425,000 which is up by £27,226 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 Miles Road, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £425,000 based on approximately 1 sales in Miles Road, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £323,385. 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 £328,077 for 11 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £319,487 per sale.