£16,005
This estimated value is based upon the latest sale price for the house of £15,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
120 Mitcham Lane, Streatham, SW16 6NS
Phone: 02081667285
| Price Paid | Date |
|---|---|
| £15,000 | 15 Dec 2021 |
| £50,000 | 12 Apr 1996 |
| Freehold |
| Floor Area: 90 sq meters or 968 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £15,000 results in an estimated price of approximately £16,005.
| 15 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £15,000 | £1,005 | £16,005 |
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 | 19.777 % | £2,966 | £17,966 |
| 3 Month Average | 9.414 % | £1,412 | £16,412 |
| 6 Month Average | 7.228 % | £1,084 | £16,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £452,703 | £449,950 | 86 FERNTHORPE ROAD |
| 29 Jul 2022 | £566,734 | £567,500 | 19 PENRITH STREET |
| 1 Jul 2022 | £559,244 | £560,000 | 13 PENRITH STREET |
| 1 Mar 2022 | £425,732 | £412,500 | 64 FERNTHORPE ROAD |
| 17 Jan 2022 | £770,397 | £735,000 | 53 FERNTHORPE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 3 Jul 2020. Using an estimated price of £16,006 means this house is valued at £177 per sq meter (£16 per sq foot).
The average size of a house on FERNTHORPE ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Penrith Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Penrith Street |
| Mar 2024 | Robbery | Under investigation | On or near Penrith Street |
| Feb 2024 | Burglary | Under investigation | On or near Fernthorpe Road |