Tynemouth Road, Mitcham, CR4

Street Guide For Tynemouth Road, Mitcham, CR4

 

Tynemouth Road, Mitcham, CR4 Map

Estimated Price: £262,741
Average Asking Price: £346,135
Price change in last one year: £27,588
Average Price Paid: £224,628
Average Rent Rates: £1,499

 

Property Prices Breakdown in Tynemouth Road, Mitcham, CR4

Average Price for property in Tynemouth Road, Mitcham, CR4 is around £262,741 which varies based on type of property you are interested in and ranges from £255,019 for terraced house to around £263,802 for a flat. Values have been changing and have risen £1,671 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,629 in last 6 months, £27,588 in last 1 year, £47,554 in last 2 years, £52,522 in last 3 years, £53,029 in last 4 years and £52,412 in last 5 years.

Currently average asking price of a property in Tynemouth Road, Mitcham, CR4 is around £346,135 based on approximately 7 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 Tynemouth Road, Mitcham, CR4 is £262,741. Average asking price is £346,135 while average price paid is £277,142 which is up by £27,588 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 Tynemouth Road, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £277,142 based on approximately 7 sales in Tynemouth Road, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £242,553. 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 £224,628 for 26 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £217,198 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 Tynemouth 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 Tynemouth Road, Mitcham, CR4 area.

Popular Houses in Tynemouth 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 Tynemouth Road, Mitcham, CR4

Areas in and around Tynemouth Road, Mitcham, CR4