£491,719
This estimated value is based upon the latest sale price for the house of £315,000 on 3 Sep 2007. 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 |
|---|---|
| £315,000 | 3 Sep 2007 |
| £250,000 | 27 Sep 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 September 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £315,000 results in an estimated price of approximately £491,719.
| 3 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £315,000 | £176,719 | £491,719 |
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 | 19.689 % | £62,018 | £377,018 |
| 3 Month Average | 44.632 % | £140,590 | £455,590 |
| 6 Month Average | 43.520 % | £137,086 | £452,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2022 | £285,769 | £285,000 | FLAT 50 WARDS WHARF APPROACH |
| 17 Mar 2022 | £240,413 | £232,000 | FLAT 94 WARDS WHARF APPROACH |
| 8 Mar 2022 | £430,049 | £415,000 | FLAT 116 WARDS WHARF APPROACH |
| 29 Oct 2021 | £464,721 | £420,000 | FLAT 90 WARDS WHARF APPROACH |
| 20 Dec 2019 | £392,565 | £320,000 | FLAT 101 WARDS WHARF APPROACH |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Feb 2018. Using an estimated price of £491,720 means this house is valued at £5,122 per sq meter (£475 per sq foot).
The average size of a house on WARDS WHARF APPROACH is 79 sq meters (853 sq feet).