Average Price for property in Veals Mead, Mitcham, CR4 is around £318,113 which varies based on type of property you are interested in and ranges from £438,649 for detached house to around £380,584 for semi-detached. Similarly terraced house is around £360,241 and a flat is worth £209,825. Values have been changing and have risen £2,022 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,181 in last 6 months, £33,398 in last 1 year, £57,570 in last 2 years, £63,585 in last 3 years, £64,200 in last 4 years and £63,451 in last 5 years.
Currently average asking price of a property in Veals Mead, Mitcham, CR4 is around £346,135 based on approximately 3 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 Veals Mead, Mitcham, CR4 is £318,113. Average asking price is £346,135 while average price paid is £274,000 which is up by £33,398 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 Veals Mead, Mitcham, CR4 area. In last 1 year alone average price buyer paid is around £274,000 based on approximately 3 sales in Veals Mead, Mitcham, CR4 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £259,666. 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 £258,067 for 14 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £251,126 per sale.