£397,635
This estimated value is based upon the latest sale price for the house of £249,000 on 25 May 2007. 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 |
|---|---|
| £249,000 | 25 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £249,000 results in an estimated price of approximately £397,635.
| 25 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £249,000 | £148,635 | £397,635 |
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 | 24.074 % | £59,945 | £308,945 |
| 3 Month Average | 55.462 % | £138,100 | £387,100 |
| 6 Month Average | 60.501 % | £150,646 | £399,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £415,310 | £410,000 | 81 VARLEY ROAD |
| 18 Aug 2023 | £403,530 | £400,000 | 75 DEVONSHIRE ROAD |
| 26 Aug 2022 | £186,498 | £187,000 | 30A MORTLAKE ROAD |
| 11 Mar 2022 | £248,703 | £240,000 | 151 VARLEY ROAD |
| 18 Jun 2020 | £457,764 | £378,000 | 8 MORTLAKE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 28 Feb 2018. Using an estimated price of £397,635 means this house is valued at £4,518 per sq meter (£419 per sq foot).
The average size of a house on SARK WALK is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Under investigation | On or near Mortlake Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mortlake Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mortlake Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mortlake Road |
| Dec 2023 | Vehicle crime | Under investigation | On or near Mortlake Road |