£373,356
This estimated value is based upon the latest sale price for the house of £216,000 on 1 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Tree Road, London, E16 3DZ
Phone: 02080225466
| Price Paid | Date |
|---|---|
| £216,000 | 1 Aug 2011 |
| £170,000 | 7 Jan 2004 |
| £90,000 | 26 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 649 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 August 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £216,000 results in an estimated price of approximately £373,356.
| 1 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £216,000 | £157,356 | £373,356 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | 86.174 % | £186,135 | £402,135 |
| 3 Month Average | 71.321 % | £154,053 | £370,053 |
| 6 Month Average | 65.627 % | £141,754 | £357,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £399,999 | £393,000 | 2 HOGARTH CLOSE |
| 19 Jun 2023 | £477,787 | £472,000 | 2 HEATHFIELD CLOSE |
| 3 May 2022 | £409,720 | £402,000 | 26 SHEERWATER ROAD |
| 19 Jan 2022 | £426,225 | £405,000 | 7 SHEERWATER ROAD |
| 16 Aug 2021 | £444,015 | £398,000 | 10 FIRBANK CLOSE |
This house has a floor area of 60 sq meters or 649 sq feet when measured on 26 Oct 2010. Using an estimated price of £373,357 means this house is valued at £6,187 per sq meter (£574 per sq foot).
The average size of a house on FIRBANK CLOSE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Glencairne Close |
| Jan 2024 | Anti-social behaviour | On or near Heathfield Close | |
| Jan 2024 | Anti-social behaviour | On or near Heathfield Close | |
| Jan 2024 | Anti-social behaviour | On or near Heathfield Close |