£275,522
This estimated value is based upon the latest sale price for the house of £143,000 on 27 Aug 2004. 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 |
|---|---|
| £143,000 | 27 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 August 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £143,000 results in an estimated price of approximately £275,522.
| 27 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £143,000 | £132,522 | £275,522 |
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 | 126.047 % | £180,246 | £323,246 |
| 3 Month Average | 100.667 % | £143,953 | £286,953 |
| 6 Month Average | 83.792 % | £119,822 | £262,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £453,943 | £446,000 | 25 SAVILLE ROAD |
| 15 Sep 2023 | £455,828 | £450,000 | 14 WYTHES ROAD |
| 2 Jun 2023 | £289,507 | £286,000 | 56 WYTHES ROAD |
| 27 Jan 2023 | £393,148 | £395,000 | 7 CAMEL ROAD |
| 18 Nov 2022 | £395,213 | £400,000 | 28 HOLT ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Jun 2020. Using an estimated price of £275,522 means this house is valued at £4,750 per sq meter (£441 per sq foot).
The average size of a house on WYTHES ROAD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Drew Road | |
| Jan 2024 | Anti-social behaviour | On or near Drew Road | |
| Jan 2024 | Anti-social behaviour | On or near Drew Road | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Leonard Street |
| Jan 2024 | Anti-social behaviour | On or near Leonard Street |