Average Price for property in Mitcham Lane, London, SW16 is around £434,520 which varies based on type of property you are interested in and ranges from £1,257,204 for detached house to around £576,551 for semi-detached. Similarly terraced house is around £540,422 and a flat is worth £331,988. Values have been changing and have risen £1,025 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,435 in last 6 months, £52,660 in last 1 year, £87,812 in last 2 years, £120,611 in last 3 years, £131,739 in last 4 years and £131,619 in last 5 years.
Currently average asking price of a property in Mitcham Lane, London, SW16 is around £508,721 based on approximately 11 properties for sale. Same is the case with rental options based on 419 properties up for rent, average asking rent is around £1,576 per month.
Estimated property value in Mitcham Lane, London, SW16 is £434,520. Average asking price is £508,721 while average price paid is £333,762 which is up by £52,660 and Avg. asking rent £1,576.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Mitcham Lane, London, SW16 area. In last 1 year alone average price buyer paid is around £333,762 based on approximately 11 sales in Mitcham Lane, London, SW16 area alone. If you compare it to last 3 years sales of 37 properties where buyers paid around £296,440. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £287,353 for 44 and average amount paid for purchase of approx. 49 properties sold in last 7 years comes to about £284,286 per sale.