£375,604
This estimated value is based upon the latest sale price for the house of £200,000 on 8 Dec 2004. 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 |
|---|---|
| £200,000 | 8 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 681 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 December 2004 the House Price Index for GREATER LONDON was 78.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 87.802%.Applying this 87.802% change to the original purchase price of £200,000 results in an estimated price of approximately £375,604.
| 8 Dec 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.0 | 87.802 % | £200,000 | £175,604 | £375,604 |
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 | 95.662 % | £191,324 | £391,324 |
| 3 Month Average | 96.323 % | £192,646 | £392,646 |
| 6 Month Average | 81.844 % | £163,688 | £363,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £390,402 | £387,500 | 58 TREE ROAD |
| 27 Mar 2023 | £392,120 | £390,000 | 367 PRINCE REGENT LANE |
| 7 Jul 2022 | £420,432 | £421,000 | 21 BURLEY ROAD |
| 20 Apr 2022 | £502,564 | £490,000 | FLAT A 18 OTLEY ROAD |
| 2 Feb 2022 | £253,282 | £242,500 | FLAT B 9 BURLEY ROAD |
This house has a floor area of 63 sq meters or 681 sq feet when measured on 21 Dec 2011. Using an estimated price of £375,605 means this house is valued at £5,929 per sq meter (£550 per sq foot).
The average size of a house on BINGLEY ROAD is 114 sq meters (1,228 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Nottingham Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Nottingham Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Nottingham Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nottingham Avenue |