£356,671
This estimated value is based upon the latest sale price for the house of £350,000 on 14 Apr 2023. 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 |
---|---|
£350,000 | 14 Apr 2023 |
£190,000 | 31 Jan 2001 |
£126,000 | 31 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 33 sq meters or 355 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 April 2023 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £350,000 results in an estimated price of approximately £356,671.
14 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £350,000 | £6,671 | £356,671 |
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 | -35.808 % | £-125,326 | £224,673 |
3 Month Average | -15.859 % | £-55,506 | £294,493 |
6 Month Average | -5.747 % | £-20,113 | £329,886 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £733,622 | £715,000 | 68 SARSFELD ROAD |
8 Sep 2023 | £496,955 | £486,000 | FLAT 4 1 HESLOP ROAD |
7 Sep 2023 | £2,004,180 | £1,960,000 | 13 HESLOP ROAD |
14 Apr 2023 | £356,671 | £350,000 | FLAT 2 1 HESLOP ROAD |
24 Feb 2023 | £373,495 | £371,000 | FLAT 2 BALHAM PARK MANSIONS BALHAM PARK ROAD |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 9 Mar 2020. Using an estimated price of £356,671 means this house is valued at £10,808 per sq meter (£1,004 per sq foot).
The average size of a house on HESLOP ROAD is 163 sq meters (1,759 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (355 sq feet).