£630,907
This estimated value is based upon the latest sale price for the house of £540,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Burnt Ash Hill, Lee, London, SE12 0AE
Phone: 02036414056
| Price Paid | Date |
|---|---|
| £540,000 | 16 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £540,000 results in an estimated price of approximately £630,907.
| 16 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £540,000 | £90,907 | £630,907 |
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 | -27.786 % | £-150,046 | £389,953 |
| 3 Month Average | -1.943 % | £-10,492 | £529,507 |
| 6 Month Average | 8.624 % | £46,566 | £586,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £275,207 | £270,000 | FLAT 37 WOODSTOCK COURT BURNT ASH HILL |
| 7 Jul 2023 | £292,769 | £290,000 | FLAT 13 WOODSTOCK COURT BURNT ASH HILL |
| 20 Jun 2022 | £283,877 | £281,000 | FLAT 44 WOODSTOCK COURT BURNT ASH HILL |
| 31 May 2022 | £720,713 | £710,000 | 36 WOODYATES ROAD |
| 29 Apr 2022 | £263,590 | £257,000 | FLAT 5 SWALLOW COURT, 63 BURNT ASH HILL |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 1 Jul 2020. Using an estimated price of £630,907 means this house is valued at £6,783 per sq meter (£630 per sq foot).
The average size of a house on PITFOLD ROAD is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |