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House Prices in CR4

The average house price in CR4 (Mitcham) is £447,153 using HM Land Registry data.

The average property price increased by £42,279 (18.11%) over the last 5 years and increased by £8,471 (2.89%) over the last 12 months.

Over the last year, there were 310 residential property sales – a decrease of 83 transactions (-26.77%) relative to the previous year. The majority of house sales (62) were in the £432,000 - £496,000 range. Then came properties in the £240,000 - £304,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,755 (-2%).

In Oct 24, there were 81 new estate agency instructions, 54 agreed home sales and 61 property price reductions.

5-Year Average Property Prices in CR4 (Mitcham)

18.11%

Property prices in Mitcham increased by 18.11% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CR4 (Mitcham) Over the Last Year

2.89%

Property prices in Mitcham increased by 2.89% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for CR4 (Mitcham) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CR4 (Mitcham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CR4 (Mitcham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CR4 (Mitcham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CR4 (Mitcham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CR4 postcode area since 1995.

Recent Sales in CR4 (Mitcham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 Pitcairn Road, Mitcham, Greater London, CR4 3LN	£740,000	£735,000	-£5,000	16 Nov 2023	01 Aug 2024	259 Days
37 Caithness Road, Mitcham, Greater London, CR4 2EY	£750,000	£750,000	£00	26 Mar 2024	30 Jul 2024	126 Days
6 Lansdell Road, Mitcham, Greater London, CR4 2JE	£425,000	£410,000	-£15,000	27 Mar 2024	26 Jul 2024	121 Days
7 Tynemouth Road, Mitcham, Greater London, CR4 2BQ	£425,000	£420,000	-£5,000	20 Jan 2024	24 Jul 2024	186 Days
25 Lowry Crescent, Mitcham, Greater London, CR4 3NQ	£309,950	£290,000	-£19,950	17 Nov 2023	18 Jul 2024	244 Days
18 Fairfield Close, Mitcham, Greater London, CR4 3RE	£340,000	£335,000	-£5,000	29 Jan 2024	08 Jul 2024	161 Days
43 Bruce Road, Mitcham, Greater London, CR4 2BJ	£475,000	£455,000	-£20,000	01 Jul 2024	05 Jul 2024	4 Days
18 Hallowell Close, Mitcham, Greater London, CR4 2QD	£425,000	£410,000	-£15,000	09 Oct 2023	05 Jul 2024	270 Days
56 Homefield Gardens, Mitcham, Greater London, CR4 3BY	£575,000	£560,000	-£15,000	26 Dec 2023	05 Jul 2024	192 Days
112 Bennetts Close, Mitcham, Greater London, CR4 1NS	£399,950	£385,000	-£14,950	12 Mar 2024	20 Jun 2024	100 Days
13 Fairfield Close, Mitcham, Greater London, CR4 3RE	£350,000	£342,500	-£7,500	31 Mar 2023	19 Jun 2024	446 Days
56 Wide Way, Mitcham, Greater London, CR4 1BL	£315,000	£295,000	-£20,000	01 Nov 2023	31 May 2024	212 Days
5 Woodland Way, Mitcham, Greater London, CR4 2DZ	£600,000	£590,000	-£10,000	15 Dec 2023	31 May 2024	168 Days
75 Heathfield Drive, Mitcham, Greater London, CR4 3RD	£610,000	£600,000	-£10,000	05 Jul 2023	31 May 2024	331 Days
29 Walsingham Road, Mitcham, Greater London, CR4 4LN	£430,000	£420,000	-£10,000	08 Jan 2024	31 May 2024	144 Days
51 Acacia Road, Mitcham, Greater London, CR4 1SF	£300,000	£288,000	-£12,000	26 Dec 2023	31 May 2024	157 Days
27 Heaton Road, Mitcham, Greater London, CR4 2BW	£550,000	£515,000	-£35,000	01 Jun 2023	29 May 2024	363 Days
179 Western Road, Mitcham, Greater London, CR4 3EF	£515,000	£510,000	-£5,000	19 Feb 2024	24 May 2024	95 Days
6 Mullards Close, Hackbridge, Mitcham, Greater London, CR4 4FE	£290,000	£282,500	-£7,500	18 Dec 2023	13 May 2024	147 Days
4 Elmfield Avenue, Mitcham, Greater London, CR4 2HL	£475,000	£475,000	£00	26 Dec 2023	10 May 2024	136 Days

Most Expensive Streets in CR4 (Mitcham)

Postcode	Street	Area	Average	No. of Sales
CR4 2DU	St Barnabas Road	Mitcham	£663,333	3
CR4 2FD	Graveney Mews	Mitcham	£657,870	12
CR4 3LN	Pitcairn Road	Mitcham	£644,166	3
CR4 3LL	Pitcairn Road	Mitcham	£639,312	4
CR4 4EJ	Mitcham Park	Mitcham	£635,000	4
CR4 2BE	Ashbourne Road	Mitcham	£620,833	6
CR4 2ET	Ridge Road	Mitcham	£618,333	6
CR4 3JB	Victoria Road	Mitcham	£604,833	3
CR4 2BA	Ashbourne Road	Mitcham	£602,758	11
CR4 3GT	Eveline Road	Mitcham	£600,000	6

Least Expensive Streets in CR4 (Mitcham)

Postcode	Street	Area	Average	No. of Sales
CR4 4NG	Chatsworth Place	Mitcham	£151,999	5
CR4 3SJ	London Road	Mitcham	£180,000	3
CR4 4FP	Peony Drive, Mitcham Junction	Mitcham	£180,125	3
CR4 2GR	Tide Close	Mitcham	£192,500	3
CR4 3QJ	Gale Close	Mitcham	£193,250	4
CR4 3SQ	Silbury Avenue	Mitcham	£201,047	5
CR4 3HA	Monarch Parade	Mitcham	£201,666	3
CR4 1FF	Oak Lodge, Talbot Close	Mitcham	£203,937	4
CR4 1GE	Lear House, Aventine Avenue	Mitcham	£206,383	3
CR4 4DR	Morden Road	Mitcham	£208,200	5