Average Price for property in Spencer Road, Mitcham Junction, Mitcham, CR4 is around £313,159 which varies based on type of property you are interested in and ranges from £286,620 for detached house to around £318,796 for semi-detached. Similarly terraced house is around £313,041. Values have been changing and have risen £1,992 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,134 in last 6 months, £32,879 in last 1 year, £56,676 in last 2 years, £62,598 in last 3 years, £63,201 in last 4 years and £62,464 in last 5 years.
Currently average asking price of a property in Spencer Road, Mitcham Junction, 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 Spencer Road, Mitcham Junction, Mitcham, CR4 is £313,159. Average asking price is £346,135 while average price paid is £225,000 which is up by £32,879 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 Spencer Road, Mitcham Junction, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £225,000 based on approximately 1 sales in Spencer Road, Mitcham Junction, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £234,290. 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 £222,493 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £223,327 per sale.