£286,544
This estimated value is based upon the latest sale price for the house of £115,000 on 30 Jan 2003. 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 |
---|---|
£115,000 | 30 Jan 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 659 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 January 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £115,000 results in an estimated price of approximately £286,544.
30 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 149.7 | 149.169 % | £115,000 | £171,544 | £286,544 |
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 | 84.239 % | £96,874 | £211,874 |
3 Month Average | 108.451 % | £124,718 | £239,718 |
6 Month Average | 157.054 % | £180,611 | £295,611 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £327,565 | £317,500 | 43 CHADWIN ROAD |
4 Oct 2023 | £480,923 | £470,000 | 1 CHADWIN ROAD |
11 Aug 2023 | £393,141 | £386,050 | 66 SELBY ROAD |
3 Mar 2023 | £254,246 | £250,000 | 114 CHADWIN ROAD |
25 Nov 2022 | £369,771 | £371,500 | 26 SELBY ROAD |
This house has a floor area of 61 sq meters or 659 sq feet when measured on 17 Nov 2011. Using an estimated price of £286,545 means this house is valued at £4,673 per sq meter (£434 per sq foot).
The average size of a house on CHADWIN ROAD is 76 sq meters (823 sq feet).