£580,632
This estimated value is based upon the latest sale price for the house of £470,000 on 11 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Burnt Ash Hill, Lee, London, SE12 0AE
Phone: 02036414056
| Price Paid | Date |
|---|---|
| £470,000 | 11 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 March 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 23.539%.Applying this 23.539% change to the original purchase price of £470,000 results in an estimated price of approximately £580,632.
| 11 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £470,000 | £110,632 | £580,632 |
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 | -32.487 % | £-152,688 | £317,311 |
| 3 Month Average | 5.633 % | £26,472 | £496,472 |
| 6 Month Average | 21.262 % | £99,929 | £569,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £812,022 | £800,000 | 1 KINGSHURST ROAD |
| 25 Aug 2023 | £609,078 | £603,750 | 82 HORNCASTLE ROAD |
| 20 Jul 2023 | £531,711 | £524,555 | 112 PITFOLD ROAD |
| 10 Jun 2022 | £527,454 | £520,000 | 71 HORNCASTLE ROAD |
| 27 May 2022 | £1,177,181 | £1,155,000 | 16 HORNCASTLE ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 3 Oct 2018. Using an estimated price of £580,632 means this house is valued at £4,759 per sq meter (£442 per sq foot).
The average size of a house on HORNCASTLE ROAD is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Horncastle Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Horncastle Close |
| Jan 2024 | Anti-social behaviour | On or near Horncastle Road | |
| Jan 2024 | Anti-social behaviour | On or near Horncastle Road | |
| Jan 2024 | Anti-social behaviour | On or near Horncastle Road |