£1,592,588
This estimated value is based upon the latest sale price for the house of £1,311,000 on 31 Jan 2020. 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 |
|---|---|
| £1,311,000 | 31 Jan 2020 |
| £780,000 | 5 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £1,311,000 results in an estimated price of approximately £1,592,588.
| 31 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £1,311,000 | £281,588 | £1,592,588 |
The Postcode Pricing Model uses changes in average sales price within the SE3 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 | 67.443 % | £884,183 | £2,195,183 |
| 3 Month Average | 20.153 % | £264,200 | £1,575,200 |
| 6 Month Average | 15.584 % | £204,307 | £1,515,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £369,747 | £365,000 | FLAT 17 RIVERSIDE COURT LEE ROAD |
| 3 Aug 2023 | £573,487 | £570,000 | 123A LEE ROAD |
| 16 Jun 2023 | £272,207 | £270,000 | FLAT 18 RIVERSIDE COURT LEE ROAD |
| 13 Apr 2023 | £352,621 | £350,000 | FLAT C 131 LEE ROAD |
| 31 Mar 2023 | £281,522 | £280,000 | COMMERCIAL UNIT 116 LEE ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 12 Apr 2011. Using an estimated price of £1,592,589 means this house is valued at £13,970 per sq meter (£1,297 per sq foot).
The average size of a house on LEE ROAD is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Osborn Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Osborn Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Osborn Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Osborn Terrace | |
| Mar 2024 | Other theft | Under investigation | On or near Osborn Terrace |