£509,902
This estimated value is based upon the latest sale price for the house of £325,000 on 21 Aug 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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118 Burnt Ash Road, Lee, London, SE12 8PU
Phone: 02081281053
| Price Paid | Date |
|---|---|
| £325,000 | 21 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 2007 the House Price Index for GREATER LONDON was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £325,000 results in an estimated price of approximately £509,902.
| 21 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £325,000 | £184,902 | £509,902 |
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 | 64.599 % | £209,946 | £534,946 |
| 3 Month Average | 52.668 % | £171,169 | £496,169 |
| 6 Month Average | 84.242 % | £273,787 | £598,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £263,367 | £260,000 | FLAT B 1A HOLME LACEY ROAD |
| 10 Nov 2022 | £504,879 | £510,995 | 42 KIMBOLTON CLOSE |
| 28 Oct 2022 | £395,690 | £399,950 | 26 KIMBOLTON CLOSE |
| 29 Jul 2022 | £666,795 | £665,000 | 72 HOLME LACEY ROAD |
| 29 Apr 2022 | £746,604 | £725,000 | 74 HOLME LACEY ROAD |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 31 Jul 2019. Using an estimated price of £509,902 means this house is valued at £3,422 per sq meter (£317 per sq foot).
The average size of a house on DALLINGER ROAD is 116 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dallinger Road |
| Jan 2024 | Other theft | Under investigation | On or near Dallinger Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dallinger Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dallinger Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kimbolton Close |