£651,095
This estimated value is based upon the latest sale price for the house of £422,500 on 25 Sep 2007. 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 |
|---|---|
| £422,500 | 25 Sep 2007 |
| £210,000 | 11 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 September 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.106%.Applying this 54.106% change to the original purchase price of £422,500 results in an estimated price of approximately £651,095.
| 25 Sep 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 146.7 | 54.106 % | £422,500 | £228,595 | £651,095 |
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 | 81.565 % | £344,613 | £767,113 |
| 3 Month Average | 69.644 % | £294,247 | £716,747 |
| 6 Month Average | 90.105 % | £380,693 | £803,193 |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 26 Sep 2016.
The average size of a house on DAHOMEY ROAD is 93 sq meters (1,011 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).