£555,969
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
16 Tree Road, London, E16 3DZ
Phone: 02080225466
Price Paid | Date |
---|---|
£450,000 | 12 Jun 2019 |
£207,000 | 12 Feb 2003 |
£135,000 | 8 Dec 2000 |
Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £450,000 results in an estimated price of approximately £555,969.
12 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £450,000 | £105,969 | £555,969 |
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 | 24.449 % | £110,018 | £560,018 |
3 Month Average | -3.007 % | £-13,530 | £436,469 |
6 Month Average | -17.354 % | £-78,091 | £371,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £509,803 | £505,000 | 2 HIGH MEADS ROAD |
20 Jan 2023 | £492,679 | £495,000 | 50 FULMER ROAD |
14 Apr 2022 | £401,622 | £390,000 | 11 ST MICHAELS 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 72 sq meters or 775 sq feet when measured on 27 Feb 2018. Using an estimated price of £555,969 means this house is valued at £7,721 per sq meter (£717 per sq foot).
The average size of a house on LONG MARK ROAD is 74 sq meters (805 sq feet).
This house is the largest in the street with a floor area of 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Long Mark Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Long Mark Road |
Mar 2024 | Vehicle crime | Under investigation | On or near St Michaels Close |
Jan 2024 | Possession of weapons | Under investigation | On or near St Michaels Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Vanbrugh Close |