£316,719
This estimated value is based upon the latest sale price for the house of £260,000 on 21 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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343 Lee High Road, London, SE12 8RU
Phone: 02080338197
Price Paid | Date |
---|---|
£260,000 | 21 Jul 2020 |
£230,000 | 26 Nov 2015 |
£126,500 | 18 Nov 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £260,000 results in an estimated price of approximately £316,719.
21 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £260,000 | £56,719 | £316,719 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 10.353 % | £26,918 | £286,918 |
3 Month Average | -4.114 % | £-10,695 | £249,304 |
6 Month Average | -2.361 % | £-6,137 | £253,862 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £700,000 | £700,000 | 97 LEE PARK |
13 Oct 2023 | £286,507 | £280,000 | 63 LEE PARK |
29 Sep 2023 | £300,627 | £294,000 | 42 DACRE PARK |
3 Aug 2022 | £492,302 | £490,000 | 183 - 185 LEE HIGH ROAD |
7 Jun 2022 | £314,728 | £308,000 | 21 DACRE PARK |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 7 May 2020. Using an estimated price of £316,720 means this house is valued at £6,463 per sq meter (£600 per sq foot).
The average size of a house on DACRE PARK is 92 sq meters (990 sq feet).