£378,579
This estimated value is based upon the latest sale price for the house of £250,000 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Varley Road
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16 Tree Road, London, E16 3DZ
Phone: 02080225466
| Price Paid | Date |
|---|---|
| £250,000 | 8 Aug 2014 |
| £80,000 | 12 Sep 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £250,000 results in an estimated price of approximately £378,579.
| 8 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £250,000 | £128,579 | £378,579 |
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 | -0.266 % | £-664 | £249,335 |
| 3 Month Average | 30.890 % | £77,224 | £327,224 |
| 6 Month Average | 33.471 % | £83,676 | £333,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £436,462 | £430,000 | 132 VARLEY ROAD |
| 22 Sep 2023 | £415,310 | £410,000 | 81 VARLEY ROAD |
| 18 Aug 2023 | £327,868 | £325,000 | FLAT 29 MANCHESTER COURT GARVARY ROAD |
| 12 Apr 2023 | £293,156 | £290,000 | FLAT 27 MANCHESTER COURT GARVARY ROAD |
| 9 Mar 2023 | £363,424 | £360,000 | 64 VARLEY ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 8 Feb 2014. Using an estimated price of £378,580 means this house is valued at £4,206 per sq meter (£390 per sq foot).
The average size of a house on DEVONSHIRE ROAD is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Varley Road |
| Jan 2024 | Burglary | Under investigation | On or near Varley Road |
| Jan 2024 | Burglary | Under investigation | On or near Varley Road |
| Jan 2024 | Anti-social behaviour | On or near Devonshire Road | |
| Jan 2024 | Anti-social behaviour | On or near Devonshire Road |