£392,572
This estimated value is based upon the latest sale price for the house of £215,000 on 18 Nov 2005. 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 |
---|---|
£215,000 | 18 Nov 2005 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 2005 the House Price Index for GREATER LONDON was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £215,000 results in an estimated price of approximately £392,572.
18 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 149.7 | 82.592 % | £215,000 | £177,572 | £392,572 |
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 | 136.102 % | £292,619 | £507,619 |
3 Month Average | 174.037 % | £374,178 | £589,178 |
6 Month Average | 156.400 % | £336,259 | £551,259 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £307,672 | £305,000 | 52 SUNNYDALE ROAD |
13 Jun 2023 | £346,953 | £340,000 | 52 LYME FARM ROAD |
21 Apr 2023 | £509,530 | £500,000 | 12 SUNNYDALE ROAD |
20 Mar 2023 | £360,012 | £354,000 | 135 LYME FARM ROAD |
16 Jan 2023 | £401,072 | £400,000 | 55 COURTLANDS AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 2 Feb 2015. Using an estimated price of £392,572 means this house is valued at £4,729 per sq meter (£439 per sq foot).
The average size of a house on COURTLANDS AVENUE is 82 sq meters (885 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Sunnydale Road |
Oct 2024 | Other theft | Under investigation | On or near Courtlands Avenue |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Courtlands Avenue |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Courtlands Avenue |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fairby Road |