£957,734
This estimated value is based upon the latest sale price for the house of £725,022 on 14 Dec 2016. 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 |
---|---|
£725,022 | 14 Dec 2016 |
£550,000 | 22 Aug 2013 |
£335,000 | 2 Aug 2006 |
£242,500 | 2 Feb 2001 |
£139,000 | 3 Nov 1997 |
£118,500 | 10 Jan 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 85 sq meters or 914 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £725,022 results in an estimated price of approximately £957,734.
14 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £725,022 | £232,712 | £957,734 |
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 | 25.922 % | £187,943 | £912,965 |
3 Month Average | 13.787 % | £99,958 | £824,980 |
6 Month Average | 3.111 % | £22,558 | £747,580 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £1,010,526 | £995,000 | 61 HOSACK ROAD |
16 Aug 2023 | £681,797 | £669,500 | 69 BOUNDARIES ROAD |
12 Jun 2023 | £780,644 | £765,000 | 7 HOSACK ROAD |
17 Mar 2023 | £572,257 | £562,700 | FLAT 12 HESLOP COURT BOUNDARIES ROAD |
10 Feb 2023 | £846,716 | £841,060 | 85 BOUNDARIES ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 May 2013. Using an estimated price of £957,735 means this house is valued at £11,267 per sq meter (£1,046 per sq foot).
The average size of a house on BOUNDARIES ROAD is 92 sq meters (994 sq feet).