£327,847
This estimated value is based upon the latest sale price for the house of £325,000 on 22 Dec 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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118 Burnt Ash Road, Lee, London, SE12 8PU
Phone: 02081281053
| Price Paid | Date |
|---|---|
| £325,000 | 22 Dec 2022 |
| Flats/Maisonettes |
| Leasehold |
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 December 2022 the House Price Index for GREATER LONDON was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £325,000 results in an estimated price of approximately £327,847.
| 22 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £325,000 | £2,847 | £327,847 |
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 | 2.954 % | £9,600 | £334,600 |
| 3 Month Average | 21.524 % | £69,954 | £394,954 |
| 6 Month Average | -0.501 % | £-1,629 | £323,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £254,765 | £250,000 | 126 BURNT ASH ROAD |
| 24 Apr 2023 | £321,004 | £315,000 | 104C BURNT ASH ROAD |
| 31 Jan 2023 | £234,627 | £234,000 | 128 BURNT ASH ROAD |
| 6 Jan 2023 | £340,911 | £340,000 | GROUND FLOOR FLAT 98 BURNT ASH ROAD |
| 31 Aug 2022 | £502,348 | £499,999 | 106A BURNT ASH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Buckden Close | |
| Aug 2024 | Anti-social behaviour | On or near Buckden Close | |
| Aug 2024 | Anti-social behaviour | On or near Buckden Close | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leewood Close |
| Oct 2024 | Public order | Under investigation | On or near Leewood Close |