£281,379
This estimated value is based upon the latest sale price for the house of £155,000 on 18 Dec 2008. 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 |
---|---|
£155,000 | 18 Dec 2008 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 December 2008 the House Price Index for GREATER LONDON was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £155,000 results in an estimated price of approximately £281,379.
18 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.9 | 148.6 | 81.535 % | £155,000 | £126,379 | £281,379 |
The Postcode Pricing Model uses changes in average sales price within the E13 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 | 128.984 % | £199,925 | £354,925 |
3 Month Average | 100.280 % | £155,434 | £310,434 |
6 Month Average | 86.162 % | £133,550 | £288,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £323,154 | £317,500 | 43 CHADWIN ROAD |
11 Aug 2023 | £389,457 | £386,050 | 66 SELBY ROAD |
3 Mar 2023 | £252,378 | £250,000 | 114 CHADWIN ROAD |
25 Nov 2022 | £367,054 | £371,500 | 26 SELBY ROAD |
29 Apr 2022 | £209,564 | £203,500 | 31 CHADWIN ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Jul 2021. Using an estimated price of £281,380 means this house is valued at £3,751 per sq meter (£348 per sq foot).
The average size of a house on SELBY ROAD is 76 sq meters (818 sq feet).