£391,008
This estimated value is based upon the latest sale price for the house of £95,000 on 29 Nov 1999. 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 |
|---|---|
| £95,000 | 29 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 1999 the House Price Index for GREATER LONDON was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £95,000 results in an estimated price of approximately £391,008.
| 29 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 149.7 | 311.588 % | £95,000 | £296,008 | £391,008 |
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 | 343.766 % | £326,577 | £421,577 |
| 3 Month Average | 234.361 % | £222,642 | £317,642 |
| 6 Month Average | 266.490 % | £253,165 | £348,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £434,877 | £425,000 | 10 VANBRUGH CLOSE |
| 30 Mar 2023 | £411,878 | £405,000 | 23 HICKMAN CLOSE |
| 2 Nov 2022 | £408,092 | £410,000 | 63 FULMER ROAD |
| 12 Sep 2022 | £424,716 | £425,000 | 15 PARTRIDGE CLOSE |
| 6 May 2022 | £477,438 | £465,000 | 3 HICKMAN CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 24 May 2019. Using an estimated price of £391,009 means this house is valued at £6,206 per sq meter (£576 per sq foot).
The average size of a house on FULMER ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Fulmer Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Long Mark Road |