£494,933
This estimated value is based upon the latest sale price for the house of £217,500 on 19 Nov 2003. 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 |
---|---|
£217,500 | 19 Nov 2003 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 November 2003 the House Price Index for GREATER LONDON was 45.0.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 127.556%.Applying this 127.556% change to the original purchase price of £217,500 results in an estimated price of approximately £494,933.
19 Nov 2003 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.0 | 102.4 | 127.556 % | £217,500 | £277,433 | £494,933 |
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 | 130.214 % | £283,215 | £500,715 |
3 Month Average | 155.720 % | £338,691 | £556,191 |
6 Month Average | 141.798 % | £308,411 | £525,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2025 | £518,532 | £516,000 | 4 BUCKDEN CLOSE |
21 Nov 2024 | £367,889 | £362,500 | 13 ALANTHUS CLOSE |
31 May 2024 | £903,981 | £872,200 | 80 LEYLAND ROAD |
17 May 2024 | £435,304 | £420,000 | 58B LEYLAND ROAD |
29 Mar 2023 | £207,497 | £200,000 | 40 DORVILLE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Nov 2013. Using an estimated price of £494,933 means this house is valued at £5,624 per sq meter (£522 per sq foot).
The average size of a house on ALANTHUS CLOSE is 68 sq meters (742 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Alanthus Close |
Jan 2025 | Other theft | Unable to prosecute suspect | On or near Buckden Close |
Jan 2025 | Anti-social behaviour | On or near Buckden Close | |
Jan 2025 | Anti-social behaviour | On or near Buckden Close | |
Dec 2024 | Burglary | Investigation complete; no suspect identified | On or near Buckden Close |