£1,066,130
This estimated value is based upon the latest sale price for the house of £735,000 on 30 Apr 2015. 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 |
|---|---|
| £735,000 | 30 Apr 2015 |
| £390,000 | 31 May 2005 |
| £190,000 | 8 Jan 2002 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.052%.Applying this 45.052% change to the original purchase price of £735,000 results in an estimated price of approximately £1,066,130.
| 30 Apr 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 146.7 | 45.052 % | £735,000 | £331,130 | £1,066,130 |
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 | 71.170 % | £523,101 | £1,258,101 |
| 3 Month Average | 12.438 % | £91,418 | £826,418 |
| 6 Month Average | 34.558 % | £254,001 | £989,001 |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 23 Dec 2011.
The average size of a house on HORN PARK LANE is 114 sq meters (1,229 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Sheldon Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheldon Close |
| Dec 2023 | Anti-social behaviour | On or near Sheldon Close | |
| Dec 2023 | Anti-social behaviour | On or near Sheldon Close | |
| Dec 2023 | Anti-social behaviour | On or near Sheldon Close |