£806,244
This estimated value is based upon the latest sale price for the house of £740,000 on 30 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Burnt Ash Hill, Lee, London, SE12 0AE
Phone: 02036414056
Price Paid | Date |
---|---|
£740,000 | 30 Nov 2021 |
£180,000 | 26 Jul 2001 |
Terraced |
Freehold |
Floor Area: 130 sq meters or 1,399 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £740,000 results in an estimated price of approximately £806,244.
30 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £740,000 | £66,244 | £806,244 |
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 | -45.020 % | £-333,145 | £406,854 |
3 Month Average | 7.280 % | £53,874 | £793,874 |
6 Month Average | 4.934 % | £36,510 | £776,510 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £583,972 | £575,000 | 22 KINGSHURST ROAD |
22 Nov 2023 | £718,232 | £700,000 | 38 KINGSHURST ROAD |
21 Nov 2023 | £820,836 | £800,000 | 1 KINGSHURST ROAD |
31 Aug 2023 | £244,408 | £240,000 | FLAT 10 CHERITON COURT, 107 BURNT ASH HILL |
25 Aug 2023 | £614,839 | £603,750 | 82 HORNCASTLE ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 7 Jun 2021. Using an estimated price of £806,245 means this house is valued at £6,201 per sq meter (£576 per sq foot).
The average size of a house on KINGSHURST ROAD is 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Kingshurst Road |