£398,507
This estimated value is based upon the latest sale price for the house of £318,000 on 14 Mar 2018. 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 |
|---|---|
| £318,000 | 14 Mar 2018 |
| £152,000 | 16 Dec 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £318,000 results in an estimated price of approximately £398,507.
| 14 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £318,000 | £80,507 | £398,507 |
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 | 3.964 % | £12,605 | £330,605 |
| 3 Month Average | 26.405 % | £83,968 | £401,968 |
| 6 Month Average | 26.415 % | £83,998 | £401,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £936,342 | £925,000 | 7 FAYLAND AVENUE |
| 17 Aug 2022 | £573,456 | £575,000 | 108 MITCHAM LANE |
| 30 May 2022 | £640,570 | £628,500 | 5 ALEXANDER MEWS |
| 29 Apr 2022 | £273,015 | £265,115 | FLAT 4 GARRICK HOUSE FAYLAND AVENUE |
| 4 Mar 2022 | £341,967 | £330,000 | FLAT 5 SHELBURNE HOUSE FAYLAND AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 2 Apr 2018. Using an estimated price of £398,508 means this house is valued at £5,534 per sq meter (£514 per sq foot).
The average size of a house on FAYLAND AVENUE is 68 sq meters (737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fayland Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fayland Avenue |
| Jan 2024 | Drugs | Offender given penalty notice | On or near Mitcham Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mitcham Lane |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mitcham Lane |