£319,237
This estimated value is based upon the latest sale price for the house of £310,000 on 8 Apr 2022. 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 |
|---|---|
| £310,000 | 8 Apr 2022 |
| £180,000 | 21 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £310,000 results in an estimated price of approximately £319,237.
| 8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £310,000 | £9,237 | £319,237 |
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 | -30.664 % | £-95,057 | £214,942 |
| 3 Month Average | -10.710 % | £-33,200 | £276,799 |
| 6 Month Average | -14.223 % | £-44,090 | £265,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £487,172 | £487,500 | 43 ATKINSON ROAD |
| 14 Sep 2022 | £390,844 | £394,000 | 92 ATKINSON ROAD |
| 8 Apr 2022 | £319,238 | £310,000 | 49 LAWSON CLOSE |
| 25 Jun 2021 | £488,181 | £455,000 | 116 ATKINSON ROAD |
| 18 Nov 2020 | £260,855 | £225,000 | 51 LAWSON CLOSE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 21 Aug 2021. Using an estimated price of £319,238 means this house is valued at £6,139 per sq meter (£570 per sq foot).
The average size of a house on LAWSON CLOSE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Lawson Close | |
| Jan 2024 | Anti-social behaviour | On or near Lawson Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lawson Close |
| Jan 2024 | Anti-social behaviour | On or near Lawson Close | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lawson Close |