£276,142
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Apr 2011. 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 |
---|---|
£160,000 | 28 Apr 2011 |
£139,950 | 14 Nov 2003 |
£85,000 | 28 Jan 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 April 2011 the House Price Index for GREATER LONDON was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £160,000 results in an estimated price of approximately £276,142.
28 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 149.7 | 72.589 % | £160,000 | £116,142 | £276,142 |
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 | 94.155 % | £150,647 | £310,647 |
3 Month Average | 129.189 % | £206,701 | £366,701 |
6 Month Average | 111.511 % | £178,418 | £338,418 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £285,289 | £279,000 | FLAT 32 SHENSTONE HOUSE ALDRINGTON ROAD |
5 Apr 2023 | £283,299 | £278,000 | FLAT 4 BUSBY HOUSE ALDRINGTON ROAD |
4 Apr 2023 | £407,624 | £400,000 | FLAT 26 BUSBY HOUSE ALDRINGTON ROAD |
21 Mar 2023 | £355,944 | £350,000 | FLAT 6 SALTER HOUSE ALDRINGTON ROAD |
14 Apr 2022 | £331,975 | £320,000 | FLAT 38 BOYCE HOUSE ALDRINGTON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 Jan 2011. Using an estimated price of £276,142 means this house is valued at £4,060 per sq meter (£377 per sq foot).
The average size of a house on ALDRINGTON ROAD is 64 sq meters (691 sq feet).