£266,209
This estimated value is based upon the latest sale price for the house of £143,000 on 30 Mar 2005. 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 |
|---|---|
| £143,000 | 30 Mar 2005 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 48 sq meters or 516 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 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £143,000 results in an estimated price of approximately £266,209.
| 30 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.160 % | £143,000 | £123,209 | £266,209 |
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 | 49.002 % | £70,072 | £213,072 |
| 3 Month Average | 78.380 % | £112,083 | £255,083 |
| 6 Month Average | 75.092 % | £107,381 | £250,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £492,679 | £495,000 | 50 FULMER ROAD |
| 14 Apr 2022 | £401,622 | £390,000 | 11 ST MICHAELS CLOSE |
| 25 Feb 2022 | £450,939 | £430,000 | 11 MEADOWSWEET CLOSE |
| 17 Feb 2022 | £524,347 | £500,000 | 78 FULMER ROAD |
| 2 Nov 2021 | £396,916 | £367,000 | 20 SATANITA CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 28 Feb 2020. Using an estimated price of £266,209 means this house is valued at £5,546 per sq meter (£515 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Theft from the person | Under investigation | On or near Meadowsweet Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Woodcocks |
| Jan 2024 | Anti-social behaviour | On or near Lawson Close | |
| Jan 2024 | Anti-social behaviour | On or near Lawson Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lawson Close |