You are here: Property Solvers Home Homeowners Hub London House Prices House Prices in Mitcham

Mitcham House Prices

The average house price in Mitcham is £439,803 using HM Land Registry data.

The average property price increased by £87,452 (20.32%) over the last 5 years and increased by £17,478 (3.49%) over the last 12 months.

Over the last year, there were 559 residential property sales – a decrease of 268 transactions (-47.94%) relative to the previous year. The majority of house sales (131) were in the £450,000 - £550,000 range. Then came properties in the £350,000 - £450,000 range, where 114 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,866 (-2%).

In April 2024, there were 138 new estate agency instructions, 95 agreed home sales and 63 property price reductions.

5-Year Average Property Prices in Mitcham

20.32%

Property prices in Mitcham increased by 20.32% 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 Mitcham Over the Last Year

3.49%

Property prices in Mitcham increased by 3.49% 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 Mitcham - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 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 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 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 Mitcham since 1995

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

Recent Property Sales in Mitcham

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
59 Deer Park Gardens, Mitcham, Greater London, CR4 4DZ	£265,000	£240,000	-£25,000	06 Jul 2023	12 Mar 2024	250 Days
Ground Floor Flat At, 66, Graham Road, Mitcham, Greater London, CR4 2HA	£300,000	£127,000	-£173,000	09 Feb 2023	07 Mar 2024	392 Days
70 Mitcham Park, Mitcham, Greater London, CR4 4EJ	£675,000	£662,000	-£13,000	16 Jun 2023	15 Feb 2024	244 Days
11 Pringle Gardens, London, Greater London, SW16 1SH	£680,000	£680,000	£00	18 Sep 2023	08 Feb 2024	143 Days
276 Heathfield Drive, Mitcham, Greater London, CR4 3RJ	£280,000	£250,000	-£30,000	18 Nov 2021	02 Feb 2024	806 Days
92 Idlecombe Road, London, Greater London, SW17 9TB	£575,000	£570,000	-£5,000	25 Aug 2023	31 Jan 2024	159 Days
117 Caithness Road, Mitcham, Greater London, CR4 2EZ	£550,000	£550,000	£00	12 Sep 2023	26 Jan 2024	136 Days
18 Ascot Road, London, Greater London, SW17 9JJ	£750,000	£724,000	-£26,000	07 Sep 2023	22 Jan 2024	137 Days
14 Tramway Path, Mitcham, Greater London, CR4 4BD	£475,000	£455,000	-£20,000	04 Aug 2023	15 Jan 2024	164 Days
278 Church Road, Mitcham, Greater London, CR4 3BD	£610,000	£585,000	-£25,000	22 Aug 2023	13 Jan 2024	144 Days
85 Turle Road, London, Greater London, SW16 5QW	£425,000	£420,000	-£5,000	13 Jul 2023	12 Jan 2024	183 Days
24 Reynolds Close, London, Greater London, SW19 2QJ	£240,000	£230,000	-£10,000	03 Jul 2023	12 Jan 2024	193 Days
21a, Bruce Road, Mitcham, Greater London, CR4 2BJ	£550,000	£550,000	£00	22 Jun 2023	04 Jan 2024	196 Days
24 Oakwood Avenue, Mitcham, Greater London, CR4 3DP	£425,000	£410,000	-£15,000	05 May 2023	03 Jan 2024	243 Days
41 Firs Close, Mitcham, Greater London, CR4 1AX	£230,000	£218,000	-£12,000	05 Jun 2023	20 Dec 2023	198 Days
Flat 1, Park View, Wandle Road, Morden, Greater London, SM4 6AG	£350,000	£320,000	-£30,000	12 Sep 2023	20 Dec 2023	99 Days
13 Brecon Close, Mitcham, Greater London, CR4 1XA	£400,000	£400,000	£00	16 Feb 2023	15 Dec 2023	302 Days
177 St Helier Avenue, Morden, Greater London, SM4 6JE	£450,000	£441,500	-£8,500	30 Jun 2023	14 Dec 2023	167 Days
125 Gorringe Park Avenue, Mitcham, Greater London, CR4 2DL	£625,000	£610,000	-£15,000	23 Aug 2023	13 Dec 2023	112 Days
18 Boscombe Road, London, Greater London, SW17 9JL	£700,000	£656,000	-£44,000	15 Aug 2023	12 Dec 2023	119 Days

Most Expensive Streets in Mitcham

Postcode	Street	Area	Average	No. of Sales
SW16 6TG	Nimrod Road	London	£1,186,678	3
SW16 6UA	Brookview Road	London	£1,128,600	5
SW16 6RJ	Penwortham Road	London	£1,103,000	3
SW16 6TB	Parklands Road	London	£1,079,665	8
SW17 9BG	Chillerton Road	London	£1,070,000	6
SW17 9BP	Ramsdale Road	London	£1,055,333	3
SW17 9BQ	Birchwood Road	London	£1,050,333	6
SW17 9QF	Crowborough Road	London	£1,011,750	4
SW16 6RP	Pretoria Road	London	£996,500	4
SW16 6RR	Pretoria Road	London	£983,250	4

Least Expensive Streets in Mitcham

Postcode	Street	Area	Average	No. of Sales
CR4 4NG	Chatsworth Place	Mitcham	£149,999	6
CR4 3SJ	London Road	Mitcham	£180,000	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	£203,937	4
CR4 1GE	Lear House	Aventine Avenue	£206,383	3
CR4 1LW	Hill View	South Lodge Avenue	£207,333	3
CR4 4DR	Morden Road	Mitcham	£210,428	7
CR4 4LB	Cricket Green	Mitcham	£211,666	3