£506,972
This estimated value is based upon the latest sale price for the house of £197,500 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
16 Tree Road, London, E16 3DZ
Phone: 02080225466
| Price Paid | Date |
|---|---|
| £197,500 | 29 Nov 2002 |
| £105,000 | 22 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 768 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 November 2002 the House Price Index for GREATER LONDON was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £197,500 results in an estimated price of approximately £506,972.
| 29 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £197,500 | £309,472 | £506,972 |
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 | 149.185 % | £294,639 | £492,139 |
| 3 Month Average | 142.334 % | £281,109 | £478,609 |
| 6 Month Average | 117.373 % | £231,812 | £429,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £496,346 | £490,000 | 4 BROADGATE ROAD |
| 31 Aug 2023 | £337,957 | £335,000 | 17 ALESTAN BECK ROAD |
| 17 Mar 2023 | £509,803 | £505,000 | 2 HIGH MEADS ROAD |
| 30 Jan 2023 | £313,523 | £315,000 | 16 ALESTAN BECK ROAD |
| 2 Nov 2022 | £405,093 | £410,000 | 63 FULMER ROAD |
This house has a floor area of 71 sq meters or 768 sq feet when measured on 4 Jan 2012. Using an estimated price of £506,973 means this house is valued at £7,100 per sq meter (£659 per sq foot).
The average size of a house on ALESTAN BECK ROAD is 53 sq meters (572 sq feet).