£145,268
This estimated value is based upon the latest sale price for the house of £32,000 on 29 Jan 1999. 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 |
---|---|
£32,000 | 29 Jan 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 31 sq meters or 333 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 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £32,000 results in an estimated price of approximately £145,268.
29 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.7 | 148.6 | 353.964 % | £32,000 | £113,268 | £145,268 |
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 | 610.107 % | £195,234 | £227,234 |
3 Month Average | 362.566 % | £116,020 | £148,020 |
6 Month Average | 339.009 % | £108,482 | £140,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £274,587 | £272,000 | 1 JADE CLOSE |
31 Jan 2023 | £313,523 | £315,000 | 7 AGATE CLOSE |
3 Nov 2021 | £335,269 | £310,000 | 19 JASPER ROAD |
3 Sep 2021 | £387,933 | £360,000 | 20 RICHARD HOUSE DRIVE |
28 Jun 2021 | £413,076 | £385,000 | 34 RICHARD HOUSE DRIVE |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 17 Jul 2021. Using an estimated price of £145,268 means this house is valued at £4,686 per sq meter (£435 per sq foot).
The average size of a house on AGATE CLOSE is 58 sq meters (625 sq feet).
This house is the smallest in the street with a floor area of 31 sq meters (333 sq feet).