£291,931
This estimated value is based upon the latest sale price for the house of £62,000 on 29 May 1998. 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 |
|---|---|
| £62,000 | 29 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 1998 the House Price Index for GREATER LONDON was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £62,000 results in an estimated price of approximately £291,931.
| 29 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £62,000 | £229,931 | £291,931 |
The Postcode Pricing Model uses changes in average sales price within the SW17 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 | 576.401 % | £357,368 | £419,368 |
| 3 Month Average | 442.126 % | £274,118 | £336,118 |
| 6 Month Average | 428.259 % | £265,520 | £327,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £279,133 | £275,000 | 39A MARIUS ROAD |
| 23 Aug 2023 | £686,001 | £680,000 | 20A MARIUS ROAD |
| 1 Jun 2023 | £359,353 | £355,000 | 55 ASHDOWN WAY |
| 16 May 2022 | £319,011 | £313,000 | 58 ASHDOWN WAY |
| 11 Feb 2022 | £435,208 | £415,000 | 22 ASHDOWN WAY |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 25 Oct 2019. Using an estimated price of £291,932 means this house is valued at £6,081 per sq meter (£565 per sq foot).
The average size of a house on ASHDOWN WAY is 44 sq meters (483 sq feet).