Average Price for property in New Road, Mitcham, CR4 is around £225,709 which varies based on type of property you are interested in and ranges from £447,502 for detached house to around £337,988 for semi-detached. Similarly terraced house is around £294,278 and a flat is worth £193,730. Values have been changing and have risen £1,436 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,260 in last 6 months, £23,699 in last 1 year, £40,851 in last 2 years, £45,121 in last 3 years, £45,558 in last 4 years and £45,030 in last 5 years.
Currently average asking price of a property in New Road, Mitcham, CR4 is around £346,135 based on approximately 2 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 New Road, Mitcham, CR4 is £225,709. Average asking price is £346,135 while average price paid is £110,500 which is up by £23,699 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 New Road, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £110,500 based on approximately 2 sales in New Road, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £140,571. 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 £142,833 for 12 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £152,452 per sale.