£457,093
This estimated value is based upon the latest sale price for the house of £370,000 on 29 Mar 2019. 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 |
---|---|
£370,000 | 29 Mar 2019 |
£67,000 | 18 May 1998 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 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 23.539%.Applying this 23.539% change to the original purchase price of £370,000 results in an estimated price of approximately £457,093.
29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £370,000 | £87,093 | £457,093 |
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 | -14.531 % | £-53,765 | £316,234 |
3 Month Average | -13.484 % | £-49,892 | £320,107 |
6 Month Average | -12.318 % | £-45,577 | £324,422 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2023 | £479,518 | £475,000 | 70 CROOMBS ROAD |
24 Feb 2023 | £434,707 | £435,000 | 44 YOUNG ROAD |
14 Sep 2022 | £390,844 | £394,000 | 92 ATKINSON ROAD |
28 Oct 2021 | £448,124 | £405,000 | 63 WILKINSON ROAD |
26 Oct 2021 | £481,318 | £435,000 | 30 YOUNG ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 7 Sep 2018. Using an estimated price of £457,094 means this house is valued at £4,664 per sq meter (£433 per sq foot).
The average size of a house on CROOMBS ROAD is 104 sq meters (1,122 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Atkinson Road |
Jan 2024 | Theft from the person | Under investigation | On or near Wilkinson Road |
Jan 2024 | Anti-social behaviour | On or near Wilkinson Road | |
Jan 2024 | Anti-social behaviour | On or near Wilkinson Road | |
Jan 2024 | Anti-social behaviour | On or near Wilkinson Road |