£379,208
This estimated value is based upon the latest sale price for the house of £224,500 on 30 Oct 2006. 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 |
|---|---|
| £224,500 | 30 Oct 2006 |
| £81,000 | 25 Nov 1999 |
| Terraced |
| Freehold |
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 October 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £224,500 results in an estimated price of approximately £379,208.
| 30 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £224,500 | £154,708 | £379,208 |
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 | 84.960 % | £190,734 | £415,234 |
| 3 Month Average | 73.248 % | £164,442 | £388,942 |
| 6 Month Average | 57.270 % | £128,571 | £353,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £487,172 | £487,500 | 43 ATKINSON ROAD |
| 14 Sep 2022 | £390,844 | £394,000 | 92 ATKINSON ROAD |
| 22 Jul 2022 | £501,350 | £500,000 | 114 COLMAN ROAD |
| 8 Apr 2022 | £319,238 | £310,000 | 49 LAWSON CLOSE |
| 30 Jun 2021 | £439,899 | £410,000 | 70 COLMAN ROAD |