£905,294
This estimated value is based upon the latest sale price for the house of £755,000 on 6 Aug 2020. 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 |
|---|---|
| £755,000 | 6 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £755,000 results in an estimated price of approximately £905,294.
| 6 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £755,000 | £150,294 | £905,294 |
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 | -27.700 % | £-209,134 | £545,865 |
| 3 Month Average | 13.328 % | £100,624 | £855,624 |
| 6 Month Average | 12.658 % | £95,567 | £850,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £460,000 | £460,000 | 104 DORVILLE ROAD |
| 8 Dec 2023 | £162,849 | £160,000 | FLAT 51 LEYBRIDGE COURT ELTHAM ROAD |
| 7 Sep 2023 | £516,605 | £510,000 | 80 LEYLAND ROAD |
| 31 Aug 2023 | £403,530 | £400,000 | FIRST FLOOR FLAT 37 LEYLAND ROAD |
| 14 Aug 2023 | £625,472 | £620,000 | 31B LEYLAND ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 28 Mar 2019. Using an estimated price of £905,295 means this house is valued at £6,560 per sq meter (£609 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Millbank Way |
| Feb 2024 | Anti-social behaviour | On or near Millbank Way | |
| Feb 2024 | Public order | Under investigation | On or near Millbank Way |
| Feb 2024 | Other theft | Under investigation | On or near Millbank Way |
| Feb 2024 | Anti-social behaviour | On or near Millbank Way |