£368,125
This estimated value is based upon the latest sale price for the house of £245,000 on 11 Dec 2014. 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 |
|---|---|
| £245,000 | 11 Dec 2014 |
| £115,000 | 27 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £245,000 results in an estimated price of approximately £368,125.
| 11 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £245,000 | £123,125 | £368,125 |
The Postcode Pricing Model uses changes in average sales price within the E13 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 | -4.107 % | £-10,062 | £234,937 |
| 3 Month Average | 19.335 % | £47,370 | £292,370 |
| 6 Month Average | 47.880 % | £117,304 | £362,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2022 | £318,188 | £315,000 | 3 ALLIANCE ROAD |
| 8 Apr 2022 | £394,220 | £380,000 | 31 EGHAM ROAD |
| 4 Apr 2022 | £440,904 | £425,000 | 53 EGHAM ROAD |
| 29 Mar 2022 | £366,942 | £351,500 | 5 BOTHA ROAD |
| 18 Feb 2022 | £422,583 | £400,000 | 40 EGHAM ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 21 Jul 2014. Using an estimated price of £368,125 means this house is valued at £4,908 per sq meter (£455 per sq foot).
The average size of a house on BOTHA ROAD is 74 sq meters (805 sq feet).