£373,750
This estimated value is based upon the latest sale price for the house of £300,000 on 29 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Burnt Ash Hill, Lee, London, SE12 0AE
Phone: 02036414056
| Price Paid | Date |
|---|---|
| £300,000 | 29 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £300,000 results in an estimated price of approximately £373,750.
| 29 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £300,000 | £73,750 | £373,750 |
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 | 38.330 % | £114,990 | £414,990 |
| 3 Month Average | 13.277 % | £39,832 | £339,832 |
| 6 Month Average | 25.565 % | £76,694 | £376,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £358,134 | £350,000 | 21 WAITE DAVIES ROAD |
| 31 Mar 2023 | £445,439 | £438,000 | 10 WAITE DAVIES ROAD |
| 1 Mar 2023 | £524,256 | £515,501 | 28 SUMMERFIELD STREET |
| 6 Jan 2023 | £511,366 | £510,000 | 14 SUMMERFIELD STREET |
| 31 Aug 2022 | £497,325 | £495,000 | 12 SUMMERFIELD STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 May 2018. Using an estimated price of £373,750 means this house is valued at £5,339 per sq meter (£496 per sq foot).
The average size of a house on WAITE DAVIES ROAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Summerfield Street |