£241,963
This estimated value is based upon the latest sale price for the house of £167,300 on 22 Jun 2015. 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 |
|---|---|
| £167,300 | 22 Jun 2015 |
| Terraced |
| Freehold |
| 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 44.629%.Applying this 44.629% change to the original purchase price of £167,300 results in an estimated price of approximately £241,963.
| 22 Jun 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.0 | 44.629 % | £167,300 | £74,663 | £241,963 |
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 | 71.883 % | £120,260 | £287,560 |
| 3 Month Average | 47.005 % | £78,638 | £245,938 |
| 6 Month Average | 25.528 % | £42,708 | £210,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £390,402 | £387,500 | 58 TREE ROAD |
| 4 Nov 2022 | £383,777 | £390,000 | 32 TREE ROAD |
| 11 May 2022 | £492,318 | £485,000 | 2 YOUNG ROAD |
| 20 Apr 2022 | £502,564 | £490,000 | FLAT A 18 OTLEY ROAD |
| 28 Feb 2022 | £443,896 | £425,000 | 20 YOUNG ROAD |
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 £241,964 means this house is valued at £2,520 per sq meter (£234 per sq foot).
The average size of a house on BINGLEY ROAD is 114 sq meters (1,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Ripley Road |
| Mar 2024 | Anti-social behaviour | On or near Ripley Road | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ripley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ripley Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Ripley Road |