£568,948
This estimated value is based upon the latest sale price for the house of £450,000 on 19 Jan 2018. 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 |
|---|---|
| £450,000 | 19 Jan 2018 |
| 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £450,000 results in an estimated price of approximately £568,948.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £450,000 | £118,948 | £568,948 |
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 | 30.873 % | £138,928 | £588,928 |
| 3 Month Average | 21.350 % | £96,074 | £546,074 |
| 6 Month Average | 11.365 % | £51,142 | £501,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £465,298 | £451,000 | 60 MILBOROUGH CRESCENT |
| 6 Oct 2023 | £716,268 | £700,000 | 17 MILBOROUGH CRESCENT |
| 17 Aug 2023 | £640,553 | £629,000 | 243 MANOR LANE |
| 21 Jun 2023 | £596,963 | £585,000 | 57 MILBOROUGH CRESCENT |
| 20 Feb 2023 | £639,270 | £635,000 | 8 MILBOROUGH CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Jul 2017. Using an estimated price of £568,949 means this house is valued at £6,773 per sq meter (£629 per sq foot).
The average size of a house on MANOR LANE is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parkcroft Road | |
| Apr 2024 | Anti-social behaviour | On or near Parkcroft Road | |
| Apr 2024 | Anti-social behaviour | On or near Parkcroft Road | |
| Apr 2024 | Anti-social behaviour | On or near Parkcroft Road | |
| Apr 2024 | Anti-social behaviour | On or near St Mildreds Road |