A little anecdata with some additional research;
I had to head to Streatham this morning (by car, full-load inc 4 people if you want to judge) and was pleasantly surprised that the normal hell of Denmark road followed by the queue at the CHL/LR lights did not present a problem. Then it occurred to me. It's half-term. No school-run traffic - and I do think this is a significant component of the traffic volumes we see locally. This would also account for the somewhat "delayed reaction" of the chaos build-up - where the early days of the experiment didn't show much traffic impact. Things only became hellish from around the end of the first week in September, once all the schools were back.
I don't want to get into an education system debate here - but LJ sits immediately to the north of Dulwich- an area with an unusually high density of schools including state and private. These schools draw pupils from a wide catchment - including much of south and central London; from Bromley to Wimbledon, Kensington to Tooting. I think the main (largest) four; Dulwich College, Alleyns, JAGS and Charter, must have around 5000 pupils between them, and this doesn't include any of the Dulwich/Herne Hill primary schools, nurseries etc that probably add another 1500.
Trying to determine the effect on traffic - and how all these kids get to school is quite hard, but JAGS does have its recent (2014) "Travel Plan" available online (thank you Google) and maybe the others do to?
http://www.jags.org.uk/wp-content/uploads/2015/02/School_Travel_Plan_-_10_April_2014.pdf.
What's interesting is that this report does give some qualitative data for the numbers of pupils who travel to school by private car (or car share). I think it reasonable to assume (although Teuchter would probably disagree!) that one could extrapolate the percentages in the JAGS report and apply these for the other schools in the area. 23% travel by car (32% if you include car share). Assuming that a typical school-run generates 4 individual journeys (home-school; school-home, twice a day) that means in excess of 6000 car trips are being made to/from Dulwich each day during term time.
Not all through CHL/LJ of course, but even if it were only 15% of the total, that would by 900 trips - or 7% of the quoted CHL traffic volume of 13000. That's a significant chunk.
This isn't including staff numbers (JAGS 150 people). The JAGS report goes on to explain some of the reasons different travel methods are chosen and how they try to change/influence this behaviour away from car use.
All interesting stuff.