£450,952
This estimated value is based upon the latest sale price for the house of £365,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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119 Burnt Ash Road, Lee, SE12 8RA
Phone: 02081281674
| Price Paid | Date |
|---|---|
| £365,000 | 21 Jun 2019 |
| £365,000 | 21 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £365,000 results in an estimated price of approximately £450,952.
| 21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £365,000 | £85,952 | £450,952 |
The Postcode Pricing Model uses changes in average sales price within the SE12 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 | -16.005 % | £-58,419 | £306,580 |
| 3 Month Average | 5.786 % | £21,119 | £386,119 |
| 6 Month Average | 6.688 % | £24,409 | £389,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £252,721 | £250,000 | 126 BURNT ASH ROAD |
| 24 Apr 2023 | £318,429 | £315,000 | 104C BURNT ASH ROAD |
| 29 Mar 2023 | £201,902 | £200,000 | 40 DORVILLE ROAD |
| 21 Mar 2023 | £295,282 | £292,500 | BASEMENT FLAT 104 BURNT ASH ROAD |
| 31 Jan 2023 | £232,903 | £234,000 | 128 BURNT ASH ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 16 Mar 2020. Using an estimated price of £450,953 means this house is valued at £4,336 per sq meter (£402 per sq foot).
The average size of a house on BURNT ASH ROAD is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Alanthus Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Buckden Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Buckden Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Buckden Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Leewood Close |