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3 bed house for sale Spencer Road, Mitcham, CR4

Asking price

£450,000

Reduced on 17/10/2026

Type: Terraced
Bedrooms: 3
Bathrooms: 1
Size: £481 per sq ft
Tenure: Ask agent

About this property

Floorplan

Council tax

Ask agent

Per year

Band A

£1,431
Band B

£1,670
Band C

£1,908
Band D

£2,147
Band E

£2,624
Band F

£3,101
Band G

£3,578
Band H

£4,294

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Merton, 2026/27 bills run from £1,431 a year in band A to £4,294 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Merton, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Reduced

October 2026 £450,000

Was £475,000
Listed

September 2026 £475,000

3 beds · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the house number.

Price guide

100 comparables · within 1.4 miles

Cheaper than 79% of the 3-bed houses for sale nearby right now.

This home, £450,000 Median £500,000 · £425,000 – £652,500

Per square foot

£481 9% under

3-bed houses nearby £528

Against sold prices

6% under

CR4 sold median £510 / sq ft, 753 sales

Compared with 100 3-bed houses for sale within 1.4 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in CR4 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in CR4 →

Location

Spencer Road, Mitcham, CR4

Open map Street View

Mortgage and stamp duty

Property price £450,000

£225k £675k

Deposit10% £45,000

£0 £450k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £405,000 mortgage. Most lenders would want a household income of about £90,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
49, Spencer Road Terraced	Terraced	Feb 2025	883 sq ft £538/sq ft	883 sq ft	£538	£475,000
33, Spencer Road Terraced	Terraced	May 2023	775 sq ft £490/sq ft	775 sq ft	£490	£380,000
51, Spencer Road Terraced	Terraced	Oct 2022	840 sq ft £578/sq ft	840 sq ft	£578	£485,000
31, Spencer Road Terraced	Terraced	Feb 2021	840 sq ft £417/sq ft	840 sq ft	£417	£350,000
9, Spencer Road Terraced	Terraced	Oct 2019	n/a	n/a	n/a	£216,613
49, Spencer Road Terraced	Terraced	Jan 2018	883 sq ft £448/sq ft	883 sq ft	£448	£395,000
35, Spencer Road Terraced	Terraced	Sept 2017	872 sq ft £422/sq ft	872 sq ft	£422	£367,500
37, Spencer Road Terraced	Terraced	Mar 2016	926 sq ft £378/sq ft	926 sq ft	£378	£350,000