£301,488
This estimated value is based upon the latest sale price for the house of £245,000 on 9 Aug 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 |
|---|---|
| £245,000 | 9 Aug 2019 |
| £153,000 | 12 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 419 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 £245,000 results in an estimated price of approximately £301,488.
| 9 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £245,000 | £56,488 | £301,488 |
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 % | £-45,360 | £199,639 |
| 3 Month Average | -10.697 % | £-26,206 | £218,793 |
| 6 Month Average | -12.586 % | £-30,836 | £214,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £455,828 | £450,000 | 47 JADE CLOSE |
| 17 Mar 2023 | £274,587 | £272,000 | 1 JADE CLOSE |
| 31 Jan 2023 | £313,523 | £315,000 | 7 AGATE CLOSE |
| 26 Aug 2022 | £254,315 | £255,000 | 31 JADE CLOSE |
| 14 Mar 2022 | £502,587 | £485,000 | 44 JADE CLOSE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 9 Mar 2019. Using an estimated price of £301,488 means this house is valued at £7,730 per sq meter (£718 per sq foot).
The average size of a house on JADE CLOSE is 52 sq meters (563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Jasper Road |