House prices in CR4 3 (Belgrave Walk)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CR4 3' (Belgrave Walk, Mitcham) - statistics were last calculated on 30 June 2024.

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Defining 'CR4 3'

This analysis is limited to properties whose postcode starts with "CR4 3", 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 Belgrave Walk.

You can click on the map labels to change to a neighbouring 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 Belgrave Walk 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. Flat 10 Searle Court, 15, Appleton Square, Belgrave Walk, Mitcham, sold for £263,750 on May-2024. Given the internal area of 46 square metres, the price per sqm is £5,733.

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. £4,150-£4,500, £4,500-£4,850, £4,850-£5,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 197 sales in Belgrave Walk (CR4 3) that took place in the last two years.

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 Belgrave Walk (CR4 3). Of the 197 transactions, half were sold for between £4,830 and £6,320 per square metre. The median, or 'middle', price per square metre in 'CR4 3' is £5,560. Notably, only 25% of properties that sold recently were valued at more than £6,320 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 Belgrave Walk, 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 Belgrave Walk, Mitcham

Comparison with neighbouring postcode sectors

The table below shows how 'CR4 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CR4 1 Mitcham Eastfields	£4,330 sqm	£5,200 sqm	£5,900 sqm
CR4 4 Mitcham	£4,550 sqm	£5,180 sqm	£5,820 sqm
CR4 2 Mitcham Eastfields	£4,760 sqm	£5,730 sqm	£7,050 sqm
CR4 3 Belgrave Walk	£4,830 sqm	£5,560 sqm	£6,320 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 3 (Belgrave Walk) 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
London Road, Belgrave Walk, CR4 3N	65 sqm	£4,326	25
Heathfield Drive, Belgrave Walk, CR4 3R	62 sqm	£5,989	14
Crusoe Road, Belgrave Walk, CR4 3L	94 sqm	£4,882	11
Church Road, Belgrave Walk, CR4 3B	69 sqm	£4,950	11
Phipps Bridge Road, Belgrave Walk, CR4 3P	61 sqm	£3,644	11
Appleton Square, Belgrave Walk, CR4 3S	56 sqm	£5,738	11
Haslemere Avenue, Belgrave Walk, CR4 3B	77 sqm	£5,770	10
Lewis Road, Belgrave Walk, CR4 3D	78 sqm	£5,769	10

Search for your street here.

Raw data

Our analysis of Belgrave Walk 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
Flat 10 Searle Court, 15, Appleton Square, Belgrave Walk, Mitcham	£263,750 May-2024	46	5,733
16, Farewell Pl, Belgrave Walk, Mitcham	£535,000 Apr-2024	104	5,144
29, Biggin Avenue, Belgrave Walk, Mitcham	£520,000 Feb-2024	87	5,977

See the entire list of all sales in Belgrave Walk (CR4 3) here.