£390,512
This estimated value is based upon the latest sale price for the house of £227,000 on 2 Mar 2011. 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 |
|---|---|
| £227,000 | 2 Mar 2011 |
| £52,000 | 7 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 995 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 March 2011 the House Price Index for GREATER LONDON was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £227,000 results in an estimated price of approximately £390,512.
| 2 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £227,000 | £163,512 | £390,512 |
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 | 131.386 % | £298,246 | £525,246 |
| 3 Month Average | 96.932 % | £220,036 | £447,036 |
| 6 Month Average | 77.981 % | £177,016 | £404,016 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £442,747 | £435,000 | 7 CROOMBS ROAD |
| 28 Jul 2023 | £420,662 | £415,000 | 87 COLMAN ROAD |
| 14 Sep 2022 | £390,844 | £394,000 | 92 ATKINSON ROAD |
| 19 Aug 2022 | £468,738 | £470,000 | 86 COLMAN ROAD |
| 30 Jun 2021 | £439,899 | £410,000 | 70 COLMAN ROAD |
This house has a floor area of 92 sq meters or 995 sq feet when measured on 21 Oct 2010. Using an estimated price of £390,512 means this house is valued at £4,224 per sq meter (£392 per sq foot).
The average size of a house on COLMAN ROAD is 88 sq meters (952 sq feet).