£1,197,280
This estimated value is based upon the latest sale price for the house of £1,190,000 on 3 Aug 2023. 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 |
---|---|
£1,190,000 | 3 Aug 2023 |
£919,500 | 11 Apr 2014 |
Detached |
Freehold |
Floor Area: 187 sq meters or 2,012 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 August 2023 the House Price Index for GREATER LONDON was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £1,190,000 results in an estimated price of approximately £1,197,280.
3 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.1 | 148.0 | 0.612 % | £1,190,000 | £7,280 | £1,197,280 |
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 | -35.215 % | £-419,054 | £770,945 |
3 Month Average | -0.975 % | £-11,597 | £1,178,402 |
6 Month Average | -2.753 % | £-32,758 | £1,157,241 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Aug 2023 | £1,197,281 | £1,190,000 | 14A UPWOOD ROAD |
28 Jun 2022 | £247,509 | £245,000 | FLAT 12 SYCAMORE COURT BURNT ASH ROAD |
17 Jun 2022 | £608,164 | £602,000 | 14 GLENMERE ROW |
4 Feb 2022 | £699,788 | £670,000 | 14 UPWOOD ROAD |
28 Jan 2022 | £393,059 | £375,000 | FLAT B 43 LEYLAND ROAD |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 4 Apr 2013. Using an estimated price of £1,197,281 means this house is valued at £6,402 per sq meter (£594 per sq foot).
The average size of a house on UPWOOD ROAD is 130 sq meters (1,408 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | 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 | Public order | Investigation complete; no suspect identified | On or near Buckden Close |
Apr 2024 | Other theft | Under investigation | On or near Leewood Close |