£832,499
This estimated value is based upon the latest sale price for the house of £525,000 on 7 Mar 2014. 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 |
|---|---|
| £525,000 | 7 Mar 2014 |
| £248,000 | 26 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £525,000 results in an estimated price of approximately £832,499.
| 7 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £525,000 | £307,499 | £832,499 |
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 | 64.468 % | £338,456 | £863,456 |
| 3 Month Average | 49.032 % | £257,417 | £782,417 |
| 6 Month Average | 60.552 % | £317,899 | £842,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £346,803 | £338,000 | 36 CREDENHILL STREET |
| 24 Nov 2023 | £420,679 | £410,000 | 27B EASTWOOD STREET |
| 11 Aug 2023 | £501,037 | £492,000 | FLAT 1 11 CREDENHILL STREET |
| 6 Apr 2023 | £789,848 | £775,075 | 56 CREDENHILL STREET |
| 2 Mar 2023 | £498,322 | £490,000 | 50 EASTWOOD STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 13 Nov 2010. Using an estimated price of £832,500 means this house is valued at £7,302 per sq meter (£678 per sq foot).
The average size of a house on EASTWOOD STREET is 94 sq meters (1,012 sq feet).