£617,634
This estimated value is based upon the latest sale price for the house of £500,000 on 27 Feb 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 |
---|---|
£500,000 | 27 Feb 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 112 sq meters or 1,205 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £500,000 results in an estimated price of approximately £617,634.
27 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £500,000 | £117,634 | £617,634 |
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 | -5.057 % | £-25,285 | £474,714 |
3 Month Average | -4.332 % | £-21,660 | £478,339 |
6 Month Average | -13.721 % | £-68,606 | £431,393 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2022 | £5,181 | £5,000 | 9 CUNDY ROAD |
22 Oct 2021 | £420,462 | £380,000 | 53 CUNDY ROAD |
3 Sep 2021 | £441,813 | £410,000 | 84 BERWICK ROAD |
30 Jun 2021 | £455,993 | £425,000 | 61 SHIPMAN ROAD |
30 Jun 2021 | £477,451 | £445,000 | 61 GRESHAM ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Feb 2017. Using an estimated price of £617,634 means this house is valued at £5,514 per sq meter (£512 per sq foot).
The average size of a house on BERWICK ROAD is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Cundy Road |
Apr 2024 | Other theft | Under investigation | On or near Cundy Road |
Apr 2024 | Other theft | Under investigation | On or near Cundy Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cundy Road |
Apr 2024 | Theft from the person | Under investigation | On or near Cundy Road |