£408,091
This estimated value is based upon the latest sale price for the house of £235,000 on 8 Jun 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
119 Burnt Ash Road, Lee, SE12 8RA
Phone: 02081281674
| Price Paid | Date |
|---|---|
| £235,000 | 8 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 June 2006 the House Price Index for GREATER LONDON was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £235,000 results in an estimated price of approximately £408,091.
| 8 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £235,000 | £173,091 | £408,091 |
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 | 56.422 % | £132,590 | £367,590 |
| 3 Month Average | 109.308 % | £256,874 | £491,874 |
| 6 Month Average | 119.954 % | £281,892 | £516,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £405,181 | £400,000 | 34 FAIRBY ROAD |
| 4 Aug 2023 | £337,957 | £335,000 | 125 ELTHAM ROAD |
| 21 Jul 2023 | £368,966 | £364,000 | 22 FAIRBY ROAD |
| 5 Apr 2023 | £449,844 | £445,000 | 149 ELTHAM ROAD |
| 1 Mar 2023 | £249,349 | £247,000 | FLAT 6 LILLIPUT COURT, 139 ELTHAM ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 25 Oct 2013. Using an estimated price of £408,092 means this house is valued at £3,962 per sq meter (£368 per sq foot).
The average size of a house on FAIRBY ROAD is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairby Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Southbourne Gardens |
| Feb 2024 | Burglary | Under investigation | On or near Southbourne Gardens |
| Feb 2024 | Public order | Under investigation | On or near Courtlands Avenue |
| Jan 2024 | Public order | Under investigation | On or near Courtlands Avenue |