£432,837
This estimated value is based upon the latest sale price for the house of £350,000 on 12 Apr 2019. 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 |
---|---|
£350,000 | 12 Apr 2019 |
£188,000 | 26 Sep 2003 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £350,000 results in an estimated price of approximately £432,837.
12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £350,000 | £82,837 | £432,837 |
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 | -32.818 % | £-114,863 | £235,136 |
3 Month Average | -15.935 % | £-55,773 | £294,226 |
6 Month Average | -14.940 % | £-52,290 | £297,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jan 2023 | £413,054 | £415,000 | 21 GRESHAM ROAD |
1 Apr 2022 | £236,853 | £229,999 | 38B BERWICK ROAD |
18 Mar 2022 | £259,066 | £250,000 | 163 GARVARY ROAD |
14 Jan 2022 | £257,840 | £245,000 | 153 GARVARY ROAD |
30 Jun 2021 | £477,451 | £445,000 | 61 GRESHAM ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 May 2012. Using an estimated price of £432,838 means this house is valued at £6,183 per sq meter (£574 per sq foot).
The average size of a house on GRESHAM ROAD is 79 sq meters (860 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gresham Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gresham Road |
Jan 2024 | Burglary | Under investigation | On or near Argyle Road |
Jan 2024 | Burglary | Under investigation | On or near Argyle Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Argyle Road |