Average Price for property in Phipps Bridge Road, Mitcham, CR4 is around £188,269 which varies based on type of property you are interested in and ranges from £302,028 for terraced house to around £173,685 for a flat. Values have been changing and have risen £1,197 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,883 in last 6 months, £19,767 in last 1 year, £34,077 in last 2 years, £37,638 in last 3 years, £38,002 in last 4 years and £37,562 in last 5 years.
Currently average asking price of a property in Phipps Bridge Road, Mitcham, CR4 is around £346,135 based on approximately 5 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 Phipps Bridge Road, Mitcham, CR4 is £188,269. Average asking price is £346,135 while average price paid is £143,900 which is up by £19,767 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 Phipps Bridge Road, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £143,900 based on approximately 5 sales in Phipps Bridge Road, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £142,312. 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 £130,409 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £131,500 per sale.