£361,484
This estimated value is based upon the latest sale price for the house of £292,500 on 20 Dec 2019. 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 |
---|---|
£292,500 | 20 Dec 2019 |
£137,000 | 8 Feb 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £292,500 results in an estimated price of approximately £361,484.
20 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £292,500 | £68,984 | £361,484 |
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 | 25.073 % | £73,338 | £365,838 |
3 Month Average | 10.668 % | £31,202 | £323,702 |
6 Month Average | 11.725 % | £34,296 | £326,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2022 | £1,115,215 | £1,110,000 | 98 BURNT ASH HILL |
22 Jul 2022 | £376,270 | £372,500 | 100B BURNT ASH HILL |
17 Jun 2022 | £375,527 | £367,500 | FLAT 1 101 BURNT ASH HILL |
17 Dec 2021 | £43,712 | £40,500 | FLAT 1 OAKLEY LODGE, 103 BURNT ASH HILL |
10 Dec 2021 | £599,016 | £555,000 | 4 FRANCIS MEWS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 25 Nov 2019. Using an estimated price of £361,485 means this house is valued at £4,951 per sq meter (£460 per sq foot).
The average size of a house on BURNT ASH HILL is 66 sq meters (720 sq feet).