£485,137
This estimated value is based upon the latest sale price for the house of £390,000 on 5 Jun 2018. 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 |
|---|---|
| £390,000 | 5 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £390,000 results in an estimated price of approximately £485,137.
| 5 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £390,000 | £95,137 | £485,137 |
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 | -26.846 % | £-104,699 | £285,300 |
| 3 Month Average | 6.727 % | £26,234 | £416,234 |
| 6 Month Average | 10.475 % | £40,852 | £430,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £1,200,502 | £1,190,000 | 14A UPWOOD ROAD |
| 1 Mar 2023 | £71,675 | £71,000 | 21A BURNT ASH HILL |
| 19 Oct 2022 | £623,289 | £630,000 | 9 BURNT ASH HILL |
| 28 Jun 2022 | £248,512 | £245,000 | FLAT 12 SYCAMORE COURT BURNT ASH ROAD |
| 13 May 2022 | £566,678 | £556,000 | 85 BURNT ASH ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 26 Aug 2020. Using an estimated price of £485,137 means this house is valued at £8,364 per sq meter (£777 per sq foot).
The average size of a house on UPWOOD ROAD is 130 sq meters (1,408 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Leewood Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Leewood Close |
| Apr 2024 | Bicycle theft | Under investigation | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |