£717,846
This estimated value is based upon the latest sale price for the house of £575,000 on 20 Jul 2018. 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 |
---|---|
£575,000 | 20 Jul 2018 |
Semi-Detached |
Freehold |
Floor Area: 178 sq meters or 1,915 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £575,000 results in an estimated price of approximately £717,846.
20 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £575,000 | £142,846 | £717,846 |
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 | 118.401 % | £680,808 | £1,255,808 |
3 Month Average | 27.047 % | £155,517 | £730,517 |
6 Month Average | 17.150 % | £98,610 | £673,610 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £480,594 | £470,000 | 24 BARING ROAD |
23 Aug 2022 | £1,115,215 | £1,110,000 | 98 BURNT ASH HILL |
22 Jul 2022 | £376,270 | £372,500 | 100B BURNT ASH HILL |
20 Jan 2022 | £174,933 | £165,000 | 62 BARING ROAD |
10 Dec 2021 | £599,016 | £555,000 | 4 FRANCIS MEWS |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 14 Jun 2019. Using an estimated price of £717,847 means this house is valued at £4,032 per sq meter (£374 per sq foot).
The average size of a house on BARING ROAD is 87 sq meters (937 sq feet).