£217,828
This estimated value is based upon the latest sale price for the house of £82,000 on 16 Oct 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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343 Lee High Road, London, SE12 8RU
Phone: 02080338197
| Price Paid | Date |
|---|---|
| £82,000 | 16 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 489 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 October 2002 the House Price Index for GREATER LONDON was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £82,000 results in an estimated price of approximately £217,828.
| 16 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £82,000 | £135,828 | £217,828 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 198.115 % | £162,453 | £244,453 |
| 3 Month Average | 154.923 % | £127,037 | £209,037 |
| 6 Month Average | 160.720 % | £131,790 | £213,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £622,130 | £608,000 | 12 BANKWELL ROAD |
| 17 Mar 2023 | £205,939 | £202,500 | 10 HAMLET CLOSE |
| 22 Feb 2023 | £2,265 | £2,250 | 3 HAMLET CLOSE |
| 10 Jun 2022 | £339,047 | £331,800 | 1A OLD ROAD |
| 26 Nov 2021 | £348,721 | £320,069 | 5 LOWNES COURTYARD |
This house has a floor area of 45 sq meters or 489 sq feet when measured on 11 Jan 2012. Using an estimated price of £217,829 means this house is valued at £4,792 per sq meter (£445 per sq foot).
The average size of a house on OLD ROAD is 83 sq meters (900 sq feet).