£320,294
This estimated value is based upon the latest sale price for the house of £230,000 on 13 Nov 2015. 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 |
|---|---|
| £230,000 | 13 Nov 2015 |
| £152,000 | 4 Oct 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £230,000 results in an estimated price of approximately £320,294.
| 13 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £230,000 | £90,294 | £320,294 |
The Postcode Pricing Model uses changes in average sales price within the E13 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 | 22.370 % | £51,451 | £281,451 |
| 3 Month Average | 21.554 % | £49,574 | £279,574 |
| 6 Month Average | 19.774 % | £45,480 | £275,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £425,440 | £420,000 | 58 HOLBORN ROAD |
| 28 Jul 2023 | £430,798 | £425,000 | 74 HOLBORN ROAD |
| 4 Jul 2023 | £416,607 | £411,000 | 35 PALMER ROAD |
| 26 Jul 2022 | £446,201 | £445,000 | 11 JENKINS ROAD |
| 10 Dec 2021 | £267,844 | £250,000 | 9 PALMER ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 9 Jan 2020. Using an estimated price of £320,294 means this house is valued at £6,043 per sq meter (£561 per sq foot).
The average size of a house on NEWPORT AVENUE is 84 sq meters (909 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jenkins Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jenkins Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Jenkins Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Jenkins Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Jenkins Road |