£497,970
This estimated value is based upon the latest sale price for the house of £390,000 on 29 Sep 2017. 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 |
---|---|
£390,000 | 29 Sep 2017 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £390,000 results in an estimated price of approximately £497,970.
29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £390,000 | £107,970 | £497,970 |
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 | 64.608 % | £251,971 | £641,971 |
3 Month Average | -8.434 % | £-32,890 | £357,109 |
6 Month Average | -7.254 % | £-28,291 | £361,708 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £441,199 | £430,000 | 132 VARLEY ROAD |
22 Sep 2023 | £419,242 | £410,000 | 81 VARLEY ROAD |
18 Aug 2023 | £407,347 | £400,000 | 75 DEVONSHIRE ROAD |
9 Mar 2023 | £366,114 | £360,000 | 64 VARLEY ROAD |
26 Aug 2022 | £187,879 | £187,000 | 30A MORTLAKE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 Jun 2017. Using an estimated price of £497,971 means this house is valued at £7,013 per sq meter (£651 per sq foot).
The average size of a house on VARLEY ROAD is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |
Apr 2024 | Anti-social behaviour | On or near Mortlake Road | |
Apr 2024 | Anti-social behaviour | On or near Mortlake Road | |
Apr 2024 | Anti-social behaviour | On or near Mortlake Road |