£227,879
This estimated value is based upon the latest sale price for the house of £51,500 on 1 Mar 1999. 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 |
|---|---|
| £51,500 | 1 Mar 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 March 1999 the House Price Index for GREATER LONDON was 33.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 342.485%.Applying this 342.485% change to the original purchase price of £51,500 results in an estimated price of approximately £227,879.
| 1 Mar 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 146.7 | 342.485 % | £51,500 | £176,379 | £227,879 |
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 | 367.597 % | £189,312 | £240,812 |
| 3 Month Average | 286.852 % | £147,728 | £199,228 |
| 6 Month Average | 354.943 % | £182,795 | £234,295 |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 8 Feb 2019.
The average size of a house on BURNT ASH HILL is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ratcliffe Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Ratcliffe Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ratcliffe Close |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Ratcliffe Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burnt Ash Hill |