£914,906
This estimated value is based upon the latest sale price for the house of £382,000 on 21 Mar 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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240 Balham High Road, Balham, SW17 7AW
Phone: 02035422155
| Price Paid | Date |
|---|---|
| £382,000 | 21 Mar 2003 |
| £250,000 | 26 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in March 2003 the House Price Index for GREATER LONDON was 61.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 139.504%.Applying this 139.504% change to the original purchase price of £382,000 results in an estimated price of approximately £914,906.
| 21 Mar 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 146.7 | 139.504 % | £382,000 | £532,906 | £914,906 |
The Postcode Pricing Model uses changes in average sales price within the SW12 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 106.786 % | £407,923 | £789,923 |
| 3 Month Average | 84.473 % | £322,685 | £704,685 |
| 6 Month Average | 155.362 % | £593,484 | £975,484 |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 22 Dec 2021.
The average size of a house on RAVENSLEA ROAD is 128 sq meters (1,379 sq feet).