£423,500
This estimated value is based upon the latest sale price for the house of £344,151 on 7 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Devonshire Road
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16 Tree Road, London, E16 3DZ
Phone: 02080225466
Price Paid | Date |
---|---|
£344,151 | 7 Aug 2019 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £344,151 results in an estimated price of approximately £423,500.
7 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £344,151 | £79,349 | £423,500 |
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 | -18.515 % | £-63,718 | £280,432 |
3 Month Average | -10.697 % | £-36,812 | £307,338 |
6 Month Average | -12.586 % | £-43,315 | £300,835 |
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 |
9 Mar 2023 | £363,424 | £360,000 | 64 VARLEY ROAD |
26 Aug 2022 | £186,498 | £187,000 | 30A MORTLAKE ROAD |
18 Mar 2022 | £259,066 | £250,000 | 163 GARVARY ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 May 2019. Using an estimated price of £423,500 means this house is valued at £5,228 per sq meter (£485 per sq foot).
The average size of a house on VARLEY ROAD is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Devonshire Road | |
Jan 2024 | Anti-social behaviour | On or near Devonshire Road | |
Jan 2024 | Burglary | Under investigation | On or near Devonshire Road |
Jan 2024 | Anti-social behaviour | On or near Devonshire Road | |
Jan 2024 | Burglary | Under investigation | On or near Varley Road |