House prices in CR4 2 (Mitcham Eastfields)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CR4 2' (Mitcham Eastfields, Mitcham) - statistics were last calculated on 04 October 2024.

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Defining 'CR4 2'

This analysis is limited to properties whose postcode starts with "CR4 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Mitcham Eastfields.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Mitcham Eastfields is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 103, Caithness Road, Mitcham Eastfields, Mitcham, sold for £633,000 on Jul-2024. Given the internal area of 100 square metres, the price per sqm is £6,330.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,150-£5,500, £5,500-£5,850, £5,850-£6,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 130 sales in Mitcham Eastfields (CR4 2) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Mitcham Eastfields (CR4 2). Of the 130 transactions, half were sold for between £4,820 and £6,790 per square metre. The median, or 'middle', price per square metre in 'CR4 2' is £5,710. Notably, only 25% of properties that sold recently were valued at more than £6,790 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Mitcham Eastfields, Mitcham

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Mitcham. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Mitcham Eastfields, Mitcham

Comparison with neighbouring postcode sectors

The table below shows how 'CR4 2' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CR4 3 Belgrave Walk	£4,910 sqm	£5,600 sqm	£6,320 sqm
CR4 1 Mitcham Eastfields	£4,500 sqm	£5,160 sqm	£5,840 sqm
CR4 4 Mitcham	£4,550 sqm	£5,220 sqm	£5,780 sqm
CR4 2 Mitcham Eastfields	£4,820 sqm	£5,710 sqm	£6,790 sqm

Will Mitcham house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CR4 2 (Mitcham Eastfields) compared with both the wider area CR4 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Mitcham to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Mitcham and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Gorringe Park Avenue, Mitcham Eastfields, CR4 2D	90 sqm	£5,286	24
Caithness Road, Mitcham Eastfields, CR4 2E	102 sqm	£5,188	20
Ashbourne Road, Mitcham Eastfields, CR4 2B	95 sqm	£6,137	18
Melrose Avenue, Mitcham Eastfields, CR4 2E	110 sqm	£5,003	14
Bruce Road, Mitcham Eastfields, CR4 2B	63 sqm	£7,344	14
Tynemouth Road, Mitcham Eastfields, CR4 2B	61 sqm	£7,100	13
Heaton Road, Mitcham Eastfields, CR4 2B	64 sqm	£7,267	12
Grenfell Road, Mitcham Eastfields, CR4 2B	53 sqm	£6,745	10

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Streatham Road, Mitcham Eastfields, CR4 2F	60 sqm	£7,093	11

Streatham Road, Mitcham Eastfields, CR4 2F has seen 11 new build sales in the last 4 years (average price £410,416). These new build homes typically have an internal area of 60 sqm, with an average price of £7,093 sqm. This £sqm average is £0 above the average for CR4 2. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Mitcham Eastfields is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
103, Caithness Rd, Mitcham Eastfields, Mitcham	£633,000 Jul-2024	100	6,330
43, Bruce Rd, Mitcham Eastfields, Mitcham	£455,000 Jul-2024	61	7,459
18, Hallowell Close, Mitcham Eastfields, Mitcham	£410,000 Jul-2024	84	4,880

See the entire list of all sales in Mitcham Eastfields (CR4 2) here.