£355,450
This estimated value is based upon the latest sale price for the house of £153,000 on 18 Jul 2003. 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 |
|---|---|
| £153,000 | 18 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2003 the House Price Index for GREATER LONDON was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £153,000 results in an estimated price of approximately £355,450.
| 18 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £153,000 | £202,450 | £355,450 |
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 | 172.891 % | £264,522 | £417,522 |
| 3 Month Average | 119.551 % | £182,912 | £335,912 |
| 6 Month Average | 98.561 % | £150,798 | £303,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2023 | £372,512 | £368,000 | 72 BAXTER ROAD |
| 15 Feb 2023 | £409,724 | £410,000 | 123 ALNWICK ROAD |
| 28 Nov 2022 | £251,948 | £255,000 | 105 ALNWICK ROAD |
| 9 Jun 2022 | £3,955,905 | £3,900,000 | 42 BAXTER ROAD |
| 1 Jun 2022 | £431,092 | £425,000 | 15 RANDOLPH APPROACH |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Dec 2017. Using an estimated price of £355,450 means this house is valued at £4,739 per sq meter (£440 per sq foot).
The average size of a house on KING GEORGE AVENUE is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Under investigation | On or near Alnwick Road |
| Jan 2024 | Drugs | Under investigation | On or near Alnwick Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hoskin'S Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Caspian Walk |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Royal Road |