Sold STC End of terrace

69 CHESTNUT GROVE

MITCHAM, GREATER LONDON CR4 1RE

3 beds 92 m² Listed 27 Jun 2020 (-2226d)

£400,000

Offers in Excess of

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# 3 bedroom end of terrace house for sale (CR4 1RE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 69 CHESTNUT GROVE, MITCHAM, GREATER LONDON CR4 1RE |
| Price | £400,000 |
| Bedrooms | 3 |
| Last sold | £407,500 May 2017 |

## Description

**IMPORTANT NOTE TO PURCHASERS:**

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

GMI200144/2

## Property Photos

- ![Front Shot](/listings/photos/81399502/1368302) - Front Shot
- ![Entrance Hall](/listings/photos/81399502/1368303) - Entrance Hall
- ![Entrance Hall](/listings/photos/81399502/1368304) - Entrance Hall
- ![Living Room](/listings/photos/81399502/1368305) - Living Room
- ![Living Room](/listings/photos/81399502/1368306) - Living Room
- ![Dining Room](/listings/photos/81399502/1368307) - Dining Room
- ![Dining Room](/listings/photos/81399502/1368308) - Dining Room
- ![Master Bedroom](/listings/photos/81399502/1368309) - Master Bedroom
- ![Bedroom Two](/listings/photos/81399502/1368322) - Bedroom Two
- ![Bedroom Three](/listings/photos/81399502/1368327) - Bedroom Three
- ![Bathroom](/listings/photos/81399502/1368329) - Bathroom
- ![Rear Garden](/listings/photos/81399502/1368330) - Rear Garden
- ![Rear Garden](/listings/photos/81399502/1368331) - Rear Garden
- ![Rear View Of House](/listings/photos/81399502/1368332) - Rear View Of House

## Floorplans

- ![Floorpan](/listings/photos/81399502/1368333) - Floorpan

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 69 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RE | £407,500 | 05/05/2017 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 FERN AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LS | £645,000 | 19/08/2025 | Terraced |
| 116 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RA | £450,000 | 30/06/2025 | Terraced |
| 19 BEECH GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1LD | £460,000 | 18/06/2025 | Terraced |
| 38 CASTLETON ROAD, MITCHAM, MERTON, GREATER LONDON, CR4 1NY | £420,000 | 28/03/2025 | Terraced |
| 29 BEECH GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1LD | £490,000 | 11/12/2023 | Terraced |
| 32 ELM GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LY | £440,000 | 01/12/2023 | Terraced |
| 30 NEW BARNS AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LE | £443,000 | 27/10/2023 | Terraced |
| 11 NEW BARNS AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LG | £415,000 | 28/07/2023 | Terraced |
| 471 COMMONSIDE EAST, MITCHAM, MERTON, GREATER LONDON, CR4 1HJ | £590,000 | 13/06/2023 | Terraced |
| 49 DAHLIA GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LB | £525,000 | 05/05/2023 | Terraced |
| 26 ELM GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LY | £490,000 | 17/03/2023 | Terraced |
| 146 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RB | £427,000 | 19/12/2022 | Terraced |
| 56 NEW BARNS AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LF | £460,000 | 21/09/2022 | Terraced |
| [Same street] 61A CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RE | £562,500 | 12/09/2022 | Terraced |
| 15 HAZEL CLOSE, MITCHAM, MERTON, GREATER LONDON, CR4 1RD | £510,000 | 09/09/2022 | Terraced |
| 16 CONWAY GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1QA | £490,000 | 22/08/2022 | Terraced |
| 118 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RB | £510,000 | 29/07/2022 | Terraced |
| 52 CASTLETON ROAD, MITCHAM, MERTON, GREATER LONDON, CR4 1NY | £475,000 | 04/07/2022 | Terraced |
| 56 CASTLETON ROAD, MITCHAM, MERTON, GREATER LONDON, CR4 1NY | £475,000 | 09/06/2022 | Terraced |
| 8 ELM GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LY | £450,000 | 27/05/2022 | Terraced |
| 26 DAHLIA GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LA | £500,000 | 06/05/2022 | Terraced |

**Street average:** £562,500 (1 sale)
**Area average:** £483,250 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £471,056 (65 Terraced, CR4, 2024–2026)
- **Deviation:** -15.1%

## Rental Range

*ONS Price Index of Private Rents (Merton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,921/mo
- **Realistic:** £2,134/mo
- **Optimistic:** £2,347/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South East Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,366/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Huntingdon Close, CR4 | £875/mo | 3 | 0.39 miles | OpenRent |

**Average rent: £875/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.22% (weak for cashflow)
- **Max investor price (0.8%):** £109,375
- **Target investor price (1%):** £87,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £875/mo).*

- **Gross yield:** 2.6%
- **Cost-to-rent:** 38.1×
- **Monthly cashflow:** £-813/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -8.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 12.2%
- **10y growth:** 18.9%

## House Price Index (HM Land Registry)

*Official index for Merton; Terraced series; as of April 2026.*

- **1y growth (index):** -1.7%
- **5y growth (index):** 7.8%
- **10y growth (index):** 16.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front Shot Entrance Hall Entrance Hall Living Room Living Room Dining Room Dining Room Master Bedroom Bedroom Two Bedroom Three Bathroom Rear Garden Rear Garden Rear View Of House

/ 14

Property details

Floor area

92 m²

Last sold

£407,500 May 2017

Local average

£471,056 (-15.1%)

Deprivation

Decile 3 (6,934 of 33,755)

Street crime

460 incidents within 1 mile (May 2026)

Key features

No Onward Chain
Driveway
Private Rear Garden
Maintained very well throughout

Additional details

Parking: Yes
Garden: Yes

Description

Immaculate throughout, offered to the market with NO CHAIN, this end of terrace three bedroom family home benefits a lounge, dining room, kitchen, spacious garden with patio and side access, family bathroom, off street parking for two cars, double glazed windows and central heating. Call Goodfellows to arrange an appointment on 0208-646-8686.

IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

GMI200144/2

Listed by

Mitcham

Southern Home Move - LSL Franchise

Reference: 81399502

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorpan

Price history

Event	Date	Price	% change
Sold	05/05/2017 (9 years ago)	£407,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
4 FERN AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LS	£645,000	19/08/2025	Terraced
116 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RA	£450,000	30/06/2025	Terraced
19 BEECH GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1LD	£460,000	18/06/2025	Terraced
38 CASTLETON ROAD, MITCHAM, MERTON, GREATER LONDON, CR4 1NY	£420,000	28/03/2025	Terraced
29 BEECH GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1LD	£490,000	11/12/2023	Terraced
32 ELM GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LY	£440,000	01/12/2023	Terraced
30 NEW BARNS AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LE	£443,000	27/10/2023	Terraced
11 NEW BARNS AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LG	£415,000	28/07/2023	Terraced
471 COMMONSIDE EAST, MITCHAM, MERTON, GREATER LONDON, CR4 1HJ	£590,000	13/06/2023	Terraced
49 DAHLIA GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LB	£525,000	05/05/2023	Terraced
26 ELM GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LY	£490,000	17/03/2023	Terraced
146 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RB	£427,000	19/12/2022	Terraced
56 NEW BARNS AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LF	£460,000	21/09/2022	Terraced
Same street 61A CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RE	£562,500	12/09/2022	Terraced
15 HAZEL CLOSE, MITCHAM, MERTON, GREATER LONDON, CR4 1RD	£510,000	09/09/2022	Terraced
16 CONWAY GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1QA	£490,000	22/08/2022	Terraced
118 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RB	£510,000	29/07/2022	Terraced
52 CASTLETON ROAD, MITCHAM, MERTON, GREATER LONDON, CR4 1NY	£475,000	04/07/2022	Terraced
56 CASTLETON ROAD, MITCHAM, MERTON, GREATER LONDON, CR4 1NY	£475,000	09/06/2022	Terraced
8 ELM GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LY	£450,000	27/05/2022	Terraced
26 DAHLIA GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LA	£500,000	06/05/2022	Terraced

Street average: £562,500 (1 sale)

Area average: £483,250 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 12.2%

10y growth 18.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Merton. Series: Terraced. As of April 2026.

1y (index) -1.7%

5y (index) 7.8%

10y (index) 16.3%

Rental Range

Estimated market rent for Merton. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,921/mo

Realistic £2,134/mo

Optimistic £2,347/mo

Based on Local Authority from postcode lookup → Merton.

LHA (30th percentile) floor for South East Herts: £1,366/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CR4 1RE

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Westmorland Way	0.1 miles
Bus stop	Carisbrooke Road / Hertford Way	0.1 miles
Shop	All Star Barbers	0.2 miles
Shop	Co-op Food	0.2 miles
Hospital	Sexual Health Clinic	1.0 miles
Train station	Mitcham Junction	1.0 miles
Hospital	Maternity Reception	1.1 miles
Train station	Norbury	1.2 miles
University	Horton Halls Reception	3.3 miles
University	University of Wales Trinity Saint David London Campus	5.9 miles

Street-level crime

Category	Count
Violence and sexual offences	152
Anti-social behaviour	103
Vehicle crime	49
Other theft	31
Drugs	30
Public order	30
Robbery	15
Shoplifting	15
Burglary	14
Theft from the person	7
Other crime	6
Bicycle theft	4
Criminal damage and arson	2
Possession of weapons	2
Total incidents	460

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
The Sherwood School	Primary	0.3 miles	Good — 7 Dec 2017
Harris Academy Merton	Secondary	0.4 miles	Outstanding — 16 Oct 2022
William Morris Primary School	Primary	0.4 miles	Good — 24 Mar 2017
Harris Primary Academy Merton	Primary	0.4 miles	Outstanding — 13 Sep 2017
The Archbishop Lanfranc Academy	Secondary	0.4 miles	Requires improvement — 16 Oct 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Terraced House, Huntingdon Close, CR4	£875/mo	3	0.39 miles	OpenRent

Average rent: £875/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.22%

Max investor price (0.8%) £109,375

Target investor price (1%) £87,500

Gross yield 2.6%

Cost-to-rent ratio 38.1×

Monthly cashflow £-813/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -8.4%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).