8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH

Detached
4
1798 sq ft
3.7%
PROPERTY VALUATION
£
Last sold: June 2021
VALUATION RANGE
£861k - £923k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£32,000
Percentage change: +3.7%

Adding a new kitchen could add £67k to the sale price.

This valuation does not take into account any home improvements or extensions made to the property.

UPDATE VALUATION

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

8 Baron Grove, Mitcham is a 4 bedroom detached house spread over 1,798 square feet, making it one of the largest properties here - it is ranked as the 3rd most expensive property* in CR4 4EH, with a valuation of £892,000.

Since it last sold in June 2021 for £860,000, its value has increased by £32,000.

8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham (1 of 28)

At a sale price of £892k, we expect this property to be in a reasonable condition based on its price per square foot.

2 detached houses have sold at an average price of £583,000 in CR4 4 over the last 12 months.

Get an updated valuation by simply telling us about any renovations made.

3.7%
This property has increased in price by 3.7% since it last sold 2 years ago
48%
This property is 48% more expensive than average in Baron Grove, CR4 4EH

Essential buying details

  • Built between 1930 and 1949, the property has sold twice over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £861k and £923k.

  • The property turned out to be a really good investment for the previous owner - returning on average 6.5% per annum.

Sale history

The most paid for a property in Baron Grove, CR4 4EH was £860,000 in 2021.

Date Price Change
Today's value* £892,000 £32k 3.7%
11 Jun 2021 £860,000 £260k 43.3%
21 Sep 2015 £600,000 -
Recent sales in the surrounding roads
Searching for recent sales near here
  • At a sale price of £892k, we expect this property to be in a similar condition to the neighbouring properties in the road.
  • This property has a similar cost per square foot as other properties in the road, which is why we think it is in a reasonable condition.

  • At a valuation of £892k this property has a cost per square foot of £496 - this is comparable with the average for properties for the area (which is currently £523).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £958k.
  • Using the average CPSF for the whole road - it would be worth £940k.

The local market - Baron Grove, CR4 4EH

  • The average property value here is £601,000.
    • Valuations range from £245,000 to £3,130,000.
  • 10 properties have sold in CR4 4EH over the last 5 years.
Investment Performance
Annual change: 6.5%

The previous owner had the property for 5 years, having purchased it in September 2015 for £600,000.

During this time, the price rose by £260,000 (43.3%), which equates to it increasing in value by 6.5% each year.

The property turned out to be a really good investment for the previous owner.

8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH
8 Baron Grove, Mitcham is a 4 bedroom detached house with 1,798 square feet of internal space built between 1930 and 1949.
OFFERS EXPECTED TO BE IN THE REGION OF:
£861k - £923k

Most likely sale price: £892k

How does this property compare to others in Baron Grove, CR4 4EH?
48% MORE | 100% BIGGER

Valuation details

The most likely sale price is £892,000 but at the lower end we think it should fetch a minimum of £861,000.

This property has increased in price by £32,000 since it last sold in 2021 - this equates to a 1.3% rise each year.

On a cost per square foot basis, this property is valued at 7% less than the other houses in this postcode.

Essential info

  • 4 bedroom freehold detached house
  • 1,798 square feet
  • 100% bigger than the average property in this postcode
  • 48% more expensive than the average here

This property is currently valued at £496 per square foot - the average cost per square foot for this postcode is £533.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £1,026,000.

PropertyValuation
9 Baron Grove, Mitcham
635 sq.ft.
£294,000
5 Baron Grove, Mitcham
646 sq.ft.
£361,000
12 Baron Grove, Mitcham
1292 sq.ft.
£529,000
22 Baron Grove, Mitcham, Merton, Greater London, CR4 4EH 22 Baron Grove, Mitcham
4 bed | 1324 sq. ft.
£693,000
31 Baron Grove, Mitcham
1442 sq.ft.
£759,000

Energy rating - how does this property compare?

  • Property energy rating: 58 (max. score 100).
    • This is below average for this postcode.

The property market across CR4 4

  • The average price paid for a detached house in the area CR4 4 over the past year is £583k.
  • Detached houses have been selling for £614 per square foot across CR4 4.
  • 2 detached houses have sold over the last 12 months (in the area coverring CR4 4).
What does it cost to live in this area?

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 29/02/2024 - this was released on the 28/03/2024.