£675,009
This estimated value is based upon the latest sale price for the house of £550,000 on 9 Nov 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 |
|---|---|
| £550,000 | 9 Nov 2018 |
| £250,000 | 12 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £550,000 results in an estimated price of approximately £675,009.
| 9 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £550,000 | £125,009 | £675,009 |
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 | 94.899 % | £521,944 | £1,071,944 |
| 3 Month Average | 32.357 % | £177,963 | £727,963 |
| 6 Month Average | 25.430 % | £139,863 | £689,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £204,520 | £203,000 | FLAT 4 WALMSLEY HOUSE COLSON WAY |
| 14 Nov 2022 | £314,894 | £320,000 | FLAT 18 WALMSLEY HOUSE COLSON WAY |
| 25 Feb 2022 | £611,009 | £585,000 | 1 COLSON WAY |
| 2 Feb 2022 | £305,505 | £292,500 | FLAT 25 PERCY HOUSE PRINGLE GARDENS |
| 2 Feb 2022 | £329,005 | £315,000 | FLAT 9 CHAMBERS HOUSE PRINGLE GARDENS |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 28 Aug 2020. Using an estimated price of £675,010 means this house is valued at £5,819 per sq meter (£540 per sq foot).
The average size of a house on NORTH DRIVE is 113 sq meters (1,219 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near North Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Mulberry Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mulberry Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mulberry Close |
| Apr 2024 | Robbery | Under investigation | On or near Colson Way |