£344,982
This estimated value is based upon the latest sale price for the house of £206,500 on 19 Nov 2012. 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 |
|---|---|
| £206,500 | 19 Nov 2012 |
| £220,000 | 14 Jan 2008 |
| £151,000 | 21 Oct 2003 |
| £48,000 | 9 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.062%.Applying this 67.062% change to the original purchase price of £206,500 results in an estimated price of approximately £344,982.
| 19 Nov 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 146.7 | 67.062 % | £206,500 | £138,482 | £344,982 |
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 | 60.195 % | £124,301 | £330,801 |
| 3 Month Average | 50.012 % | £103,275 | £309,775 |
| 6 Month Average | 63.013 % | £130,122 | £336,622 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Apr 2012.
The average size of a house on FAIRBY ROAD is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fairby Road |
| Nov 2023 | Public order | Investigation complete; no suspect identified | On or near Fairby Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Sunnydale Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Sunnydale Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Sunnydale Road |