£344,389
This estimated value is based upon the latest sale price for the house of £282,500 on 7 Sep 2018. 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 |
---|---|
£282,500 | 7 Sep 2018 |
£145,000 | 8 Aug 2001 |
£69,000 | 29 Aug 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.908%.Applying this 21.908% change to the original purchase price of £282,500 results in an estimated price of approximately £344,389.
7 Sep 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 146.7 | 21.908 % | £282,500 | £61,889 | £344,389 |
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 | 3.510 % | £9,914 | £292,414 |
3 Month Average | 5.895 % | £16,654 | £299,154 |
6 Month Average | 12.044 % | £34,024 | £316,524 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Feb 2018.
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 |
Jan 2024 | Vehicle crime | Under investigation | On or near Sunnydale Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Sunnydale Road |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Sunnydale Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sheldon Close |