£268,104
This estimated value is based upon the latest sale price for the house of £169,995 on 6 Feb 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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343 Lee High Road, London, SE12 8RU
Phone: 02080338197
| Price Paid | Date |
|---|---|
| £169,995 | 6 Feb 2014 |
| £161,950 | 30 May 2008 |
| £116,750 | 8 Mar 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 57.713%.Applying this 57.713% change to the original purchase price of £169,995 results in an estimated price of approximately £268,104.
| 6 Feb 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.0 | 57.713 % | £169,995 | £98,109 | £268,104 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 0.471 % | £801 | £170,796 |
| 3 Month Average | 45.605 % | £77,526 | £247,521 |
| 6 Month Average | 53.505 % | £90,956 | £260,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £777,353 | £770,000 | 4 OLD ROAD |
| 5 Jul 2023 | £358,390 | £355,000 | APARTMENT 4 THE ZINC BUILDING BANKWELL ROAD |
| 17 Mar 2023 | £203,601 | £202,500 | 10 HAMLET CLOSE |
| 22 Feb 2023 | £2,239 | £2,250 | 3 HAMLET CLOSE |
| 10 Jun 2022 | £335,197 | £331,800 | 1A OLD ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 30 Apr 2013. Using an estimated price of £268,104 means this house is valued at £6,702 per sq meter (£622 per sq foot).
The average size of a house on HAMLET CLOSE is 48 sq meters (527 sq feet).