£308,128
This estimated value is based upon the latest sale price for the house of £66,000 on 12 Nov 1998. 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 |
---|---|
£66,000 | 12 Nov 1998 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 909 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 November 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £66,000 results in an estimated price of approximately £308,128.
12 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.861 % | £66,000 | £242,128 | £308,128 |
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 | 509.938 % | £336,559 | £402,559 |
3 Month Average | 356.805 % | £235,491 | £301,491 |
6 Month Average | 354.411 % | £233,911 | £299,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £419,242 | £410,000 | 81 VARLEY ROAD |
26 Aug 2022 | £187,879 | £187,000 | 30A MORTLAKE ROAD |
11 Mar 2022 | £250,544 | £240,000 | 151 VARLEY ROAD |
6 Dec 2019 | £401,650 | £325,000 | 72 SARK WALK |
4 Jan 2019 | £445,531 | £358,000 | 28 SARK WALK |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 23 Dec 2010. Using an estimated price of £308,128 means this house is valued at £3,645 per sq meter (£338 per sq foot).
The average size of a house on SARK WALK is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | |
Apr 2024 | Anti-social behaviour | On or near Mortlake Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |