New Road, Mitcham, CR4
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New Road, Mitcham, CR4

By Goodfellows

£ 200,000

Reviews

3 out of 5 stars

Goodfellows says ..

GUIDE PRICE £200,000 - £230,000 Goodfellows are pleased to welcome to the market this well presented one bedroom ground floor flat on the borders of Mitcham, Hackbridge and Carshalton. The property is comprised of a good sized living room, modern kitchen, a three...

Property Oracle says ..

The property is located on New Road in Mitcham, a suburb in the London Borough of Merton. Based on the provided data, it’s a one-bedroom, one-bathroom flat with a relatively small plot size of 462 sqft. The property appears to be in good condition based on the images; it is clean and well-maintained, although it may lack some modern updates. The kitchen and bathroom seem functional but basic. The presence of a small garden is suggested by the photos showing a view of a fenced area from the kitchen window.

The location benefits from proximity to several transportation options, including Hackbridge and Mitcham Junction train stations, both within a reasonable distance. Several primary schools with good Ofsted ratings are also nearby, making it potentially attractive to families. However, without more detailed information on the specific amenities and character of the immediate neighborhood, a definitive assessment of the location’s desirability is difficult.

The list price of £200,000 appears to be in line with, or slightly below, the average price for comparable properties in the area. While the provided data on nearby properties lacks square footage information, preventing a precise price-per-square-foot comparison, the prices of nearby properties on New Road range from £190,000 to £390,000. Given the property’s size, condition, and location, the list price seems reasonable, although further analysis of comparable properties with similar characteristics would be needed to make a definitive statement.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
6
Bedrooms
1
Bathrooms
1
Sqft (est)
325.00
Lot (est)
462.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
424,000.00 £
Increased by 14.57 %
from 370,091.00 £
Est sale value
176,800.00 £
Increased by 1.12 %
from 174,850.00 £
Average area rental value
2,399.00 £/mo
Increased by 31.96 %
from 1,818.00 £/mo
Est letting value
975.00 £/mo
Increased by 50.00 %
from 650.00 £/mo
Est rental Yield
6.79 %
Increased by 15.28 %
from 5.89 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Goodfellows created the listing.

Nearby Schools

NameTypeOfstedDistance
Spencer Nursery Children'S CentreChildren's Centre0.14 KM
Culvers House Primary SchoolFoundation SchoolGood0.19 KM
Spencer Nursery SchoolLocal Authority Nursery SchoolGood0.21 KM
Hackbridge Primary SchoolCommunity SchoolGood0.57 KM
Wandle Valley AcademyAcademy Special ConverterGood1.10 KM

Images

Picture No. 07 Picture No. 04 Picture No. 05 Picture No. 08 Picture No. 06 Picture No. 03 Picture No. 09 Picture No. 10 Picture No. 11

Nearby Streets

NameAverage PriceAverage SqftDistance
Mullards Close £ 000.00 KM
Daffodil Close £ 675,00000.00 KM
Batley Close £ 000.00 KM
Soho Mills £ 000.00 KM
Felnex Avenue £ 360,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Hackbridge5364HCB0.88 KM
Mitcham Junction5427MIJ1.18 KM
Carshalton5405CSH1.72 KM
Wallington5394WLT2.68 KM
Mitcham Eastfields5069MTC2.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Road, Mitcham, CR4 £ 200,000BUY7 / 100.00 KM
New Road, Mitcham, CR4 £ 350,000BUY7 / 100.04 KM
Percy Road, Mitcham £ 475,000BUYUnknown0.13 KM
Orchard Avenue, Hackbridge, CR4 £ 400,000BUYUnknown0.13 KM
Spencer Road, Mitcham Junction £ 415,000BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
15a New Road £ 220,0000.02 KM
17a New Road £ 255,0000.02 KM
2b New Road £ 190,0000.03 KM
42 New Road £ 190,0000.03 KM
36 New Road £ 390,0000.03 KM