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Balham market report SW12 9, London

The standing SW12 9 (Balham) property market report, rebuilt from the full public record every month. Everything below comes from 7,764 sales recorded by HM Land Registry in SW12 9 (London) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.

Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

In short: the typical home in SW12 9 (London) sold for £617,500 in 2026, the median of 55 registered sales, up 0% on five years earlier. The mean was £707,800, and by floor area homes here have averaged about £9,200 per square metre over the last five years. The figures cover 7,764 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.

SW12 9 is a postcode sector: one group of streets inside SW12 (London). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.

Where SW12 9 sits

Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.

£617,5002026 median sold price
£9,200/m²5-year average per m²
+0%cash move in five years
55sales, most recent 12 months
5.1%estimated gross yield

The going rate for a home in SW12 9

The 2026 median for SW12 9 is £617,500, taken from 55 registered sales. The mean, which is what most sites call the "average house price", is £707,800, a little above it, the familiar pattern where pricier homes stretch the average.

House prices per square metre in SW12 9

Averaged across five years of sales, floor space in SW12 9 costs about £9,200 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.

The national median for England and Wales is £285,000, which puts SW12 9 117% above the country at large.

A typical SW12 9 home, priced year by year (1995 to 2026)

One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.

Price at the timeIn today's money (CPIH)
£250k£500k£750k£1.00M1995200020052010201520202026 1995: £75,800 at the time · £164,778 in today's money · 214 sales1996: £85,000 at the time · £179,261 in today's money · 284 sales1997: £103,200 at the time · £211,642 in today's money · 370 sales1998: £122,000 at the time · £246,266 in today's money · 378 sales1999: £151,500 at the time · £301,932 in today's money · 330 sales2000: £183,500 at the time · £360,119 in today's money · 256 sales2001: £197,500 at the time · £379,684 in today's money · 343 sales2002: £240,000 at the time · £451,558 in today's money · 365 sales2003: £248,000 at the time · £456,876 in today's money · 285 sales2004: £260,800 at the time · £473,664 in today's money · 355 sales2005: £267,200 at the time · £475,508 in today's money · 292 sales2006: £315,000 at the time · £546,800 in today's money · 359 sales2007: £370,000 at the time · £627,623 in today's money · 311 sales2008: £339,800 at the time · £557,004 in today's money · 155 sales2009: £335,000 at the time · £538,515 in today's money · 161 sales2010: £377,800 at the time · £592,488 in today's money · 212 sales2011: £390,000 at the time · £588,750 in today's money · 200 sales2012: £450,000 at the time · £662,344 in today's money · 189 sales2013: £470,000 at the time · £676,283 in today's money · 276 sales2014: £515,000 at the time · £730,617 in today's money · 265 sales2015: £603,500 at the time · £852,746 in today's money · 196 sales2016: £626,000 at the time · £875,780 in today's money · 170 sales2017: £630,000 at the time · £859,257 in today's money · 169 sales2018: £610,000 at the time · £813,142 in today's money · 185 sales2019: £647,500 at the time · £848,718 in today's money · 150 sales2020: £660,000 at the time · £856,364 in today's money · 158 sales2021: £617,000 at the time · £781,202 in today's money · 263 sales2022: £611,000 at the time · £716,467 in today's money · 271 sales2023: £675,500 at the time · £742,210 in today's money · 158 sales2024: £650,000 at the time · £691,084 in today's money · 195 sales2025: £650,000 at the time · £665,543 in today's money · 194 sales2026: £617,500 at the time · £617,500 in today's money · 55 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£617,500£617,50055
2025£650,000£665,543194
2024£650,000£691,084195
2023£675,500£742,210158
2022£611,000£716,467271
2021£617,000£781,202263
2020£660,000£856,364158
2019£647,500£848,718150
2018£610,000£813,142185
2017£630,000£859,257169
2016£626,000£875,780170
2015£603,500£852,746196
2014£515,000£730,617265
2013£470,000£676,283276
2012£450,000£662,344189
2011£390,000£588,750200
2010£377,800£592,488212
2009£335,000£538,515161
2008£339,800£557,004155
2007£370,000£627,623311
2006£315,000£546,800359
2005£267,200£475,508292
2004£260,800£473,664355
2003£248,000£456,876285
2002£240,000£451,558365
2001£197,500£379,684343
2000£183,500£360,119256
1999£151,500£301,932330
1998£122,000£246,266378
1997£103,200£211,642370
1996£85,000£179,261284
1995£75,800£164,778214

In cash terms the typical SW12 9 home went from £75,800 in 1995 to £617,500 in 2026, roughly 8 times the price. Inflation explains only part of it: in today's money the rise is still about 275%, a genuine increase in what a home here costs. The real-terms peak came in 2016, and today's median remains roughly 29% under it: a 2016 buyer is still waiting to get that price back in today's money.

Year-on-year change in the SW12 9 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -10% 0% 1996 · +12.1% on the year before1997 · +21.4% on the year before1998 · +18.2% on the year before1999 · +24.2% on the year before2000 · +21.1% on the year before2001 · +7.6% on the year before2002 · +21.5% on the year before2003 · +3.3% on the year before2004 · +5.2% on the year before2005 · +2.5% on the year before2006 · +17.9% on the year before2007 · +17.5% on the year before2008 · −8.2% on the year before2009 · −1.4% on the year before2010 · +12.8% on the year before2011 · +3.2% on the year before2012 · +15.4% on the year before2013 · +4.4% on the year before2014 · +9.6% on the year before2015 · +17.2% on the year before2016 · +3.7% on the year before2017 · +0.6% on the year before2018 · −3.2% on the year before2019 · +6.1% on the year before2020 · +1.9% on the year before2021 · −6.5% on the year before2022 · −1.0% on the year before2023 · +10.6% on the year before2024 · −3.8% on the year before2025 · +0.0% on the year before2026 · −5.0% on the year before200020052010201520202026

The strongest year on record here is 1999 (+24.2% on the year before); the weakest, 2008 (−8.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

The long view: annualised growth

PeriodCash, per yearReal terms, per year
1 years (since 2025)−5.0%−7.2%
5 years (since 2021)0.0%−4.6%
10 years (since 2016)−0.1%−3.4%
20 years (since 2006)+3.4%+0.6%

Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.

How many homes change hands in SW12 9

The year-by-year sales count

Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.

125250375500 1995: 214 sales1996: 284 sales1997: 370 sales1998: 378 sales1999: 330 sales2000: 256 sales2001: 343 sales2002: 365 sales2003: 285 sales2004: 355 sales2005: 292 sales2006: 359 sales2007: 311 sales2008: 155 sales2009: 161 sales2010: 212 sales2011: 200 sales2012: 189 sales2013: 276 sales2014: 265 sales2015: 196 sales2016: 170 sales2017: 169 sales2018: 185 sales2019: 150 sales2020: 158 sales2021: 263 sales2022: 271 sales2023: 158 sales2024: 195 sales2025: 194 sales2026: 55 sales1995200020052010201520202026

Over the last twelve months of data, 55 sales completed in SW12 9. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 321 sales a year before the financial crisis and 175 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

Rents around SW12 9

For renting purposes SW12 9 sits in Wandsworth. The ONS average private rent there is £2,599 a month (May 2026). The spread runs from £1,911 a month for a typical one-bed to £3,782 at four-plus bedrooms, which is size doing most of the pricing.

Average monthly rent by size, Wandsworth

ONS Price Index of Private Rents, May 2026.

1 bed: £1,911 a month£1,9111 bed2 bed: £2,430 a month£2,4302 bed3 bed: £2,773 a month£2,7733 bed4+ bed: £3,782 a month£3,7824+ bed

£2,599 a month is £31,188 a year, which against the £617,500 median sold price makes a gross yield of 5.1%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.

How SW12 9 trades

This is a thin market: 55 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.

Common questions on SW12 9 (Balham)

How much did a house sell for in SW12 9 (Balham)?
Land Registry recorded 55 sales in SW12 9 (Balham) in 2026, with a median sold price of £617,500. Every one is free to view at its exact address on the HomesIndex map.
Are property prices falling in SW12 9 (Balham)?
In SW12 9 (Balham) the median moved down 5% year on year; over five years it is up 0%. The full year-by-year table since 1995 is on this page.
Is SW12 9 (Balham) a good place to buy a house?
SW12 9 (Balham) sold prices are up 0% over five years. This report weighs growth, affordability and volume against neighbouring areas using only recorded sales.

What happens to SW12 9 prices now?

The record answers a different question than "what happens next": the median is roughly flat over five years in cash but down 21% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.

What is for sale in SW12 right now

The live side of the market holds 47 homes at the moment, listed by 9 agents publishing to HomesIndex.

These cover the whole SW12 district, not just SW12 9: live asking prices are collected per district.

£550,000Typical asking price now (SW12 district)
14 below what sold nearby30 in line with nearby sales2 above nearby sales

Of everything listed here, 30% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.

"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.

See every SW12 home for sale on the map →

Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.

Bedroom by bedroom: SW prices by size

The Land Registry record, split by size: what each kind of home actually sold for across the SW area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.

Type1 bed2 bed3 bed4 bed5 bed
Detached£1,050,000£1,797,500 (+71%)£2,600,000 (+45%)
Semi-detached£478,500£645,000 (+35%)£850,000 (+32%)£1,200,000 (+41%)£1,800,000 (+50%)
Terraced£535,000£685,000 (+28%)£850,000 (+24%)£1,210,000 (+42%)£1,680,000 (+39%)
Flat£428,000£590,000 (+38%)£900,000 (+53%)£1,850,000 (+106%)£3,700,000 (+100%)

Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.

The risers and the fallers

The spread across the SW area is the point: the same five years treated these districts very differently.

Other sectors in SW12

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SW12, each linking to its own report:

SectorMedian (latest)Sales that year
SW12 0£656,00044
SW12 8£640,00059

Zoom out to the full SW12 district report for the type split, monthly volumes and how SW12 compares with its neighbours.

Thinking of selling in SW12 9? Get a rough value first

The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SW12 9, open the average prices map and zoom from the SW12 9 shading down to the sold homes on your own street. Every recorded SW12 9 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.

Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim SW12 9.

Keep digging

The AI answers from the same Land Registry data this report is built on, already scoped to SW12 9. Free after a one click sign in.

Two maps carry on from here: every SW12 9 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.

About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.