£558,177
This estimated value is based upon the latest sale price for the house of £455,000 on 20 Dec 2019. 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 |
---|---|
£455,000 | 20 Dec 2019 |
£409,995 | 28 Nov 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 861 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £455,000 results in an estimated price of approximately £558,177.
20 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £455,000 | £103,177 | £558,177 |
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 | -6.279 % | £-28,569 | £426,430 |
3 Month Average | 2.179 % | £9,912 | £464,912 |
6 Month Average | -8.868 % | £-40,349 | £414,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2022 | £285,769 | £285,000 | FLAT 50 WARDS WHARF APPROACH |
8 Mar 2022 | £430,049 | £415,000 | FLAT 116 WARDS WHARF APPROACH |
29 Oct 2021 | £464,721 | £420,000 | FLAT 90 WARDS WHARF APPROACH |
20 Dec 2019 | £392,565 | £320,000 | FLAT 101 WARDS WHARF APPROACH |
20 Dec 2019 | £558,178 | £455,000 | 215 WARDS WHARF APPROACH |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Nov 2015. Using an estimated price of £558,178 means this house is valued at £6,977 per sq meter (£648 per sq foot).
The average size of a house on WARDS WHARF APPROACH is 79 sq meters (853 sq feet).