£444,955
This estimated value is based upon the latest sale price for the house of £167,500 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
16 Tree Road, London, E16 3DZ
Phone: 02080225466
Price Paid | Date |
---|---|
£167,500 | 25 Oct 2002 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 October 2002 the House Price Index for GREATER LONDON was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £167,500 results in an estimated price of approximately £444,955.
25 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £167,500 | £277,455 | £444,955 |
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 | 208.682 % | £349,542 | £517,042 |
3 Month Average | 114.778 % | £192,253 | £359,753 |
6 Month Average | 121.554 % | £203,602 | £371,102 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £219,997 | £215,000 | 27 AGATE CLOSE |
17 Mar 2023 | £276,620 | £272,000 | 1 JADE CLOSE |
31 Jan 2023 | £315,844 | £315,000 | 7 AGATE CLOSE |
3 Nov 2021 | £337,751 | £310,000 | 19 JASPER ROAD |
3 Sep 2021 | £390,805 | £360,000 | 20 RICHARD HOUSE DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 Jul 2015. Using an estimated price of £444,955 means this house is valued at £5,632 per sq meter (£523 per sq foot).
The average size of a house on AGATE CLOSE is 58 sq meters (625 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).