£433,885
This estimated value is based upon the latest sale price for the house of £350,000 on 14 Aug 2019. 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 Aug 2019 |
£246,500 | 21 May 2008 |
£177,000 | 19 Dec 2003 |
£140,000 | 29 Aug 2003 |
£28,500 | 22 Feb 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £350,000 results in an estimated price of approximately £433,885.
14 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £350,000 | £83,885 | £433,885 |
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 | 23.803 % | £83,309 | £433,309 |
3 Month Average | 13.009 % | £45,530 | £395,530 |
6 Month Average | 6.568 % | £22,989 | £372,989 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £827,717 | £815,000 | 22 WONTNER ROAD |
15 Dec 2023 | £1,511,444 | £1,465,000 | 35 WONTNER ROAD |
23 Nov 2023 | £733,622 | £715,000 | 68 SARSFELD ROAD |
1 Nov 2022 | £452,882 | £455,000 | 111 BOUNDARIES ROAD |
25 Oct 2022 | £647,836 | £650,000 | GROUND FLOOR FLAT 111 BOUNDARIES ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 15 Jan 2019. Using an estimated price of £433,886 means this house is valued at £9,861 per sq meter (£916 per sq foot).
The average size of a house on BOUNDARIES ROAD is 92 sq meters (994 sq feet).