£314,338
This estimated value is based upon the latest sale price for the house of £185,000 on 5 Mar 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 Mitcham Lane, Streatham, SW16 6NS
Phone: 02081667285
| Price Paid | Date |
|---|---|
| £185,000 | 5 Mar 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 621 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in March 2010 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £185,000 results in an estimated price of approximately £314,338.
| 5 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £185,000 | £129,338 | £314,338 |
The Postcode Pricing Model uses changes in average sales price within the SW16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 128.502 % | £237,728 | £422,728 |
| 3 Month Average | 100.373 % | £185,689 | £370,689 |
| 6 Month Average | 97.881 % | £181,079 | £366,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £865,137 | £850,000 | 11 PENWORTHAM ROAD |
| 1 Aug 2023 | £547,288 | £542,500 | GROUND FLOOR FLAT 40 PENWORTHAM ROAD |
| 14 Apr 2023 | £980,558 | £970,000 | 50 PENWORTHAM ROAD |
| 16 Sep 2022 | £844,183 | £851,000 | 166 MITCHAM LANE |
| 19 Aug 2022 | £373,993 | £375,000 | FLAT B 172 MITCHAM LANE |
This house has a floor area of 57 sq meters or 621 sq feet when measured on 8 Sep 2009. Using an estimated price of £314,338 means this house is valued at £5,443 per sq meter (£505 per sq foot).
The average size of a house on MITCHAM LANE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Penwortham Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penwortham Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Penwortham Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Penwortham Road |