£299,219
This estimated value is based upon the latest sale price for the house of £57,500 on 9 May 1997. 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 |
|---|---|
| £57,500 | 9 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 May 1997 the House Price Index for GREATER LONDON was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £57,500 results in an estimated price of approximately £299,219.
| 9 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £57,500 | £241,719 | £299,219 |
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 | 460.183 % | £264,605 | £322,105 |
| 3 Month Average | 461.102 % | £265,133 | £322,633 |
| 6 Month Average | 531.239 % | £305,462 | £362,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £474,583 | £460,000 | FLAT 3 PARK COURT BALHAM PARK ROAD |
| 27 Nov 2023 | £368,350 | £359,000 | 12 HUNTER CLOSE |
| 3 Nov 2023 | £605,367 | £590,000 | 5 PENROSE COURT, 20 BOUNDARIES ROAD |
| 26 Jun 2023 | £459,202 | £450,000 | FLAT 8 PARK COURT BALHAM PARK ROAD |
| 24 Mar 2023 | £655,955 | £645,000 | 49 PENROSE COURT, 20 BOUNDARIES ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Jul 2018. Using an estimated price of £299,219 means this house is valued at £5,158 per sq meter (£479 per sq foot).
The average size of a house on BALHAM PARK ROAD is 133 sq meters (1,436 sq feet).