£661,861
This estimated value is based upon the latest sale price for the house of £490,000 on 29 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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247 Balham High Road, Balham, London, SW17 7BE
Phone: 02036417284
Price Paid | Date |
---|---|
£490,000 | 29 Mar 2016 |
£250,000 | 28 Apr 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £490,000 results in an estimated price of approximately £661,861.
29 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £490,000 | £171,861 | £661,861 |
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 | 33.046 % | £161,927 | £651,927 |
3 Month Average | 5.434 % | £26,627 | £516,627 |
6 Month Average | 3.864 % | £18,934 | £508,934 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jul 2023 | £430,798 | £425,000 | FLAT 32 FLOWERSMEAD UPPER TOOTING PARK |
29 Mar 2023 | £333,139 | £330,000 | FLAT 1 MOIRA COURT BALHAM HIGH ROAD |
10 Feb 2023 | £419,718 | £420,000 | FLAT 34 MOIRA COURT BALHAM HIGH ROAD |
17 Jun 2022 | £438,700 | £432,500 | FLAT 10 FLOWERSMEAD UPPER TOOTING PARK |
11 May 2022 | £163,073 | £160,000 | FLAT 35 MOIRA COURT BALHAM HIGH ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 25 May 2012. Using an estimated price of £661,861 means this house is valued at £10,341 per sq meter (£960 per sq foot).
The average size of a house on BALHAM HIGH ROAD is 50 sq meters (542 sq feet).