£343,142
This estimated value is based upon the latest sale price for the house of £154,000 on 7 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 |
---|---|
£154,000 | 7 Nov 2003 |
£139,950 | 24 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £154,000 results in an estimated price of approximately £343,142.
7 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 149.7 | 122.820 % | £154,000 | £189,142 | £343,142 |
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 | 139.586 % | £214,963 | £368,963 |
3 Month Average | 189.684 % | £292,113 | £446,113 |
6 Month Average | 176.943 % | £272,492 | £426,492 |
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 75 sq meters or 807 sq feet when measured on 18 Nov 2013. Using an estimated price of £343,143 means this house is valued at £4,575 per sq meter (£425 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 |