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Mitcham House Prices

The average house price in Mitcham is £514,293 using HM Land Registry data.

The average property price increased by £33,486 (7.21%) over the last 5 years and increased by £6,710 (1.37%) over the last 12 months.

Over the last year, there were 552 residential property sales – a decrease of 129 transactions (-23.37%) relative to the previous year. The majority of house sales (130) were in the £348,000 - £446,000 range. Then came properties in the £446,000 - £544,000 range, where 121 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 208 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-24,718 (-2%).

In February 2025, there were 140 new estate agency instructions, 98 agreed home sales and 133 property price reductions.

5-Year Average Property Prices in Mitcham

7.21%

Property prices in Mitcham increased by 7.21% 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

1.37%

Property prices in Mitcham increased by 1.37% 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 - February 2025

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 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
28 Sycamore Gardens, Mitcham, Greater London, CR4 3QP	£350,000	£350,000	£0	19 Aug 2024	27 Jan 2025	161 Days
46 St Georges Road, Mitcham, Greater London, CR4 1EB	£485,000	£485,000	£0	07 Oct 2024	23 Jan 2025	108 Days
1 Eastwood Street, London, Greater London, SW16 6PT	£1,000,000	£970,000	-£30,000	23 Jul 2024	23 Jan 2025	184 Days
58a, Woodland Way, Mitcham, Greater London, CR4 2DY	£499,950	£492,500	-£7,450	21 Aug 2024	20 Jan 2025	152 Days
29 Neath Gardens, Morden, Greater London, SM4 6JN	£475,000	£470,000	-£5,000	20 May 2024	20 Jan 2025	245 Days
12 Vectis Road, London, Greater London, SW17 9RG	£700,000	£684,000	-£16,000	31 May 2024	20 Jan 2025	234 Days
29 Malling Gardens, Morden, Greater London, SM4 6JG	£475,000	£475,000	£0	29 Jun 2024	17 Jan 2025	202 Days
9 Moyser Road, London, Greater London, SW16 6RG	£1,000,000	£960,000	-£40,000	15 Mar 2024	17 Jan 2025	308 Days
42 Credenhill Street, London, Greater London, SW16 6PR	£875,000	£860,000	-£15,000	04 Oct 2024	17 Jan 2025	105 Days
205 Fallsbrook Road, London, Greater London, SW16 6DY	£625,000	£615,000	-£10,000	26 Feb 2024	16 Jan 2025	325 Days
50 Ascot Road, London, Greater London, SW17 9JJ	£850,000	£835,000	-£15,000	30 Jul 2024	16 Jan 2025	170 Days
45 St Barnabas Road, Mitcham, Greater London, CR4 2DW	£600,000	£590,000	-£10,000	23 Jul 2024	10 Jan 2025	171 Days
37 Deal Road, London, Greater London, SW17 9JW	£600,000	£600,000	£0	30 Jul 2024	10 Jan 2025	164 Days
17 Heathfield Drive, Mitcham, Greater London, CR4 3RD	£400,000	£365,000	-£35,000	16 Sep 2024	06 Jan 2025	112 Days
5 Beclands Road, London, Greater London, SW17 9TL	£650,000	£620,000	-£30,000	25 Sep 2024	06 Jan 2025	103 Days
2 Elmfield Avenue, Mitcham, Greater London, CR4 2HL	£625,000	£550,000	-£75,000	03 Oct 2024	03 Jan 2025	92 Days
4 Summerhill Way, Mitcham, Greater London, CR4 2NJ	£225,000	£225,000	£0	20 May 2024	03 Jan 2025	228 Days
8 Tynemouth Road, Mitcham, Greater London, CR4 2BN	£350,000	£325,000	-£25,000	27 Aug 2024	20 Dec 2024	115 Days
144 Galpins Road, Thornton Heath, Greater London, CR7 6EF	£425,000	£415,000	-£10,000	15 Oct 2024	19 Dec 2024	65 Days
3 Acacia Road, Mitcham, Greater London, CR4 1SF	£450,000	£445,000	-£5,000	01 Aug 2024	17 Dec 2024	138 Days

Most Expensive Streets in Mitcham

Postcode	Street	Area	Average	No. of Sales
SW16 6TG	Nimrod Road	London	£1,273,759	4
SW16 6RP	Pretoria Road	London	£1,161,166	3
SW16 1NU	Thrale Road	London	£1,134,000	5
SW17 9BP	Ramsdale Road	London	£1,129,000	4
SW16 6UA	Brookview Road	London	£1,123,833	6
SW17 9QF	Crowborough Road	London	£1,113,000	4
SW16 6RJ	Penwortham Road	London	£1,103,000	3
SW16 6TB	Parklands Road	London	£1,093,725	7
SW17 9BG	Chillerton Road	London	£1,070,000	6
SW17 9BE	Chillerton Road	London	£1,040,107	7

Least Expensive Streets in Mitcham

Postcode	Street	Area	Average	No. of Sales
CR4 4NG	Chatsworth Place	Mitcham	£144,499	4
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 3QN	Saxonbury Close	Mitcham	£206,666	3
CR4 4DR	Morden Road	Mitcham	£208,200	5
CR4 1FF	Oak Lodge	Talbot Close	£214,750	3
CR4 1AX	Firs Close	Mitcham	£219,750	8
CR4 2LS	Eastfields Road	Mitcham	£222,500	4