# CR4 4FD Market Summary
The CR4 4FD postcode falls within the Mitcham area of the London Borough of Merton, positioned in South London. With 90 properties recorded at an average price of £115,822, this area represents one of the more affordable pockets of the capital's property market. This pricing point is significantly below London's overall average, making it particularly attractive to first-time buyers, investors seeking rental yields, and those looking to establish a foothold on the London property ladder without the premium prices found in more central or traditionally sought-after boroughs.
The area benefits from reasonable transport links into central London, with Mitcham Junction and Mitcham Eastfields stations providing rail services, whilst the Tramlink system offers convenient connections to Wimbledon and Croydon. The local property stock typically comprises a mix of ex-local authority flats, terraced houses, and some newer developments. Mitcham has undergone regeneration efforts in recent years, with ongoing improvements to local amenities and infrastructure. The lower average price point reflects the area's position as a predominantly residential suburb with a more working-class character, though this also presents potential for capital growth as South London regeneration continues to spread outwards from more established areas.
The average house price in CR4 4FD, Mitcham is £115,822. Prices range from £44,950 to £200,000.
There are 90 properties in CR4 4FD, Mitcham.
CR4 4FD contains 70 flat / maisonette properties, 18 terraced properties, 2 semi-detached properties.
Average house prices in CR4 4FD have risen by 263.4% from £55,033 in 1996 to £200,000 in 2024.
CR4 4FD is located in Mitcham, Greater London, England.