£719,559
This estimated value is based upon the latest sale price for the house of £590,000 on 15 Mar 2019. 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 |
|---|---|
| £590,000 | 15 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £590,000 results in an estimated price of approximately £719,559.
| 15 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.959 % | £590,000 | £129,559 | £719,559 |
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 | -8.280 % | £-48,852 | £541,147 |
| 3 Month Average | -8.874 % | £-52,354 | £537,645 |
| 6 Month Average | 16.335 % | £96,378 | £686,378 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Jan 2019.
The average size of a house on HOLME LACEY ROAD is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Dallinger Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dallinger Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dallinger Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dallinger Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lucorn Close |