£240,946
This estimated value is based upon the latest sale price for the house of £128,000 on 4 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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430-432 Lee High Road, Lee, London, SE12 8RW
Phone: 02083182555
Price Paid | Date |
---|---|
£128,000 | 4 Nov 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 November 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £128,000 results in an estimated price of approximately £240,946.
4 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £128,000 | £112,946 | £240,946 |
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 | 77.791 % | £99,572 | £227,572 |
3 Month Average | 125.084 % | £160,107 | £288,107 |
6 Month Average | 131.450 % | £168,256 | £296,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £370,485 | £365,000 | FLAT 17 RIVERSIDE COURT LEE ROAD |
3 Aug 2023 | £575,031 | £570,000 | 123A LEE ROAD |
16 Jun 2023 | £273,311 | £270,000 | FLAT 18 RIVERSIDE COURT LEE ROAD |
13 Apr 2023 | £353,810 | £350,000 | FLAT C 131 LEE ROAD |
30 Mar 2023 | £469,423 | £465,000 | 4 CANAL WALK |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 21 Feb 2015. Using an estimated price of £240,947 means this house is valued at £4,227 per sq meter (£392 per sq foot).
The average size of a house on LEE HIGH ROAD is 62 sq meters (671 sq feet).