Balham House Prices Balham House Prices

The average house price in Balham is £1,010,061 using HM Land Registry data.

The average property price increased by £102,293 (12.09%) over the last 5 years and increased by £20,444 (2.2%) over the last 12 months.

Over the last year, there were 492 residential property sales – a decrease of 279 transactions (-56.71%) relative to the previous year. The majority of house sales (166) were in the £370,000 - £646,000 range. Then came properties in the £646,000 - £922,000 range, where 122 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-30,256 (-2%).

In April 2024, there were 105 new estate agency instructions, 60 agreed home sales and 47 property price reductions.

5-Year Average Property Prices in Balham

12.09%

Property prices in Balham increased by 12.09% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Balham Over the Last Year

2.2%

Property prices in Balham increased by 2.2% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Balham - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Balham

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Balham

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Balham

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Balham since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Balham area since 1995.

Recent Property Sales in Balham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Shipka Road, London, Greater London, SW12 9QP£1,000,000£955,000-£45,00004 Oct 202326 Feb 2024145 Days
168 Beechcroft Road, London, Greater London, SW17 7DG£875,000£865,000-£10,00024 Oct 202302 Feb 2024101 Days
65 College Gardens, London, Greater London, SW17 7UF£500,000£477,000-£23,00004 Oct 202331 Jan 2024119 Days
36 Laitwood Road, London, Greater London, SW12 9QL£1,375,000£1,340,000-£35,00021 Sep 202316 Jan 2024117 Days
15 Dornton Road, London, Greater London, SW12 9NB£2,000,000£1,850,000-£150,00013 Oct 202318 Dec 202366 Days
7 Beira Street, London, Greater London, SW12 9LJ£680,000£676,000-£4,00029 Jul 202315 Dec 2023139 Days
29 Old Devonshire Road, London, Greater London, SW12 9RD£1,600,000£1,590,000-£10,00009 Oct 202315 Dec 202367 Days
20 Linnet Mews, London, Greater London, SW12 8JE£650,000£625,000-£25,00029 Aug 202315 Dec 2023108 Days
57 Ritherdon Road, London, Greater London, SW17 8QE£2,000,000£1,900,000-£100,00020 Sep 202315 Dec 202386 Days
35 Wontner Road, London, Greater London, SW17 7QT£1,650,000£1,465,000-£185,00013 Sep 202315 Dec 202393 Days
Flat J51, Du Cane Court, Balham High Road, London, Greater London, SW17 7JX£265,000£250,000-£15,00029 Aug 202314 Dec 2023107 Days
24 Ravenslea Road, London, Greater London, SW12 8RY£2,000,000£1,860,000-£140,00023 Aug 202308 Dec 2023107 Days
22 Hearnville Road, London, Greater London, SW12 8RR£1,575,000£1,540,000-£35,00026 Jul 202308 Dec 2023135 Days
19 Althorp Road, London, Greater London, SW17 7ED£1,995,000£1,970,000-£25,00015 Sep 202308 Dec 202384 Days
1 Lochinvar Street, London, Greater London, SW12 8QP£725,000£712,000-£13,00012 Jul 202307 Dec 2023148 Days
Flat B58, Du Cane Court, Balham High Road, London, Greater London, SW17 7JE£220,000£210,000-£10,00024 Jul 202305 Dec 2023134 Days
12 Laitwood Road, London, Greater London, SW12 9QL£1,350,000£1,330,000-£20,00027 May 202304 Dec 2023191 Days
68 Sarsfeld Road, London, Greater London, SW12 8HP£725,000£715,000-£10,00015 Jun 202323 Nov 2023161 Days
3 Shipka Road, London, Greater London, SW12 9QP£1,400,000£1,390,000-£10,00015 Aug 202323 Nov 2023100 Days
57 Dornton Road, London, Greater London, SW12 9NF£695,000£687,500-£7,50016 Aug 202322 Nov 202398 Days

Most Expensive Streets in Balham

PostcodeStreetAreaAverageNo. of Sales
SW12 8UHMorella RoadLondon£3,436,2504
SW12 8UDThurleigh RoadLondon£2,810,0005
SW12 8RHOld Park AvenueLondon£2,774,9465
SW17 7DZBrodrick RoadLondon£2,512,5287
SW17 7EEWiseton RoadLondon£2,462,5004
SW12 8TGSudbrooke RoadLondon£2,316,6663
SW12 8TQSudbrooke RoadLondon£2,247,4005
SW12 8UFBasilica MewsLondon£2,145,6258
SW12 8UGThurleigh RoadLondon£2,131,4993
SW12 8UJGranard RoadLondon£2,060,0005

Least Expensive Streets in Balham

PostcodeStreetAreaAverageNo. of Sales
SW17 7JRDu Cane CourtBalham High Road£245,0003
SW17 7JZDu Cane CourtBalham High Road£253,8624
SW17 7JEDu Cane CourtBalham High Road£272,5007
SW17 7RQAlfred Butt HouseHoldernesse Road£276,3508
SW17 7JGDu Cane CourtBalham High Road£300,0005
SW17 7JBDu Cane CourtBalham High Road£308,5008
SW17 7JWDu Cane CourtBalham High Road£309,3124
SW17 7JNDu Cane CourtBalham High Road£326,1457
SW17 7JYDu Cane CourtBalham High Road£340,4334
SW12 8QGHollies WayLondon£346,6663

Explore Balham and Neighbouring Area House Prices