£251,463
This estimated value is based upon the latest sale price for the house of £152,000 on 15 Jan 2007. 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 |
---|---|
£152,000 | 15 Jan 2007 |
Terraced |
Freehold |
Floor Area: 39 sq meters or 419 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 January 2007 the House Price Index for GREATER LONDON was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £152,000 results in an estimated price of approximately £251,463.
15 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.5 | 149.7 | 65.436 % | £152,000 | £99,463 | £251,463 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 106.588 % | £162,013 | £314,013 |
3 Month Average | 89.724 % | £136,380 | £288,380 |
6 Month Average | 78.031 % | £118,607 | £270,607 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Feb 2023 | £240,607 | £239,000 | 29 NORTHUMBERLAND ROAD |
1 Nov 2022 | £418,045 | £420,000 | 5 CHELMSFORD CLOSE |
20 May 2022 | £194,569 | £189,500 | 41 NORTHUMBERLAND ROAD |
6 May 2022 | £157,093 | £153,000 | 7 CHARDWELL CLOSE |
30 Nov 2021 | £277,828 | £255,000 | 19 NORTHUMBERLAND ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 10 Feb 2014. Using an estimated price of £251,463 means this house is valued at £6,447 per sq meter (£599 per sq foot).
The average size of a house on ASHWELL CLOSE is 63 sq meters (688 sq feet).