£372,220
This estimated value is based upon the latest sale price for the house of £200,000 on 29 Apr 2005. 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 |
|---|---|
| £200,000 | 29 Apr 2005 |
| £108,000 | 4 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £200,000 results in an estimated price of approximately £372,220.
| 29 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £200,000 | £172,220 | £372,220 |
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 | 94.104 % | £188,207 | £388,207 |
| 3 Month Average | 88.585 % | £177,170 | £377,170 |
| 6 Month Average | 73.962 % | £147,923 | £347,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £455,828 | £450,000 | 47 JADE CLOSE |
| 3 Nov 2021 | £335,269 | £310,000 | 19 JASPER ROAD |
| 6 Aug 2021 | £217,545 | £195,000 | 68 JADE CLOSE |
| 27 Apr 2020 | £286,026 | £233,000 | 30 JASPER ROAD |
| 31 Jan 2020 | £268,337 | £220,000 | 8 AGATE CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 30 Apr 2017. Using an estimated price of £372,220 means this house is valued at £5,726 per sq meter (£532 per sq foot).
The average size of a house on OPAL CLOSE is 64 sq meters (691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Opal Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Stansfeld Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Stansfeld Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Jasper Road |