£415,881
This estimated value is based upon the latest sale price for the house of £340,000 on 7 May 2020. 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 |
|---|---|
| £340,000 | 7 May 2020 |
| £39,500 | 13 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £340,000 results in an estimated price of approximately £415,881.
| 7 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £340,000 | £75,881 | £415,881 |
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 | -11.616 % | £-39,493 | £300,506 |
| 3 Month Average | 4.104 % | £13,953 | £353,953 |
| 6 Month Average | 8.124 % | £27,620 | £367,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £389,457 | £386,050 | 66 SELBY ROAD |
| 25 Nov 2022 | £367,054 | £371,500 | 26 SELBY ROAD |
| 29 Apr 2022 | £209,564 | £203,500 | 31 CHADWIN ROAD |
| 15 Nov 2021 | £383,071 | £354,199 | 6 SELBY ROAD |
| 29 Jun 2021 | £413,076 | £385,000 | 50 BROCK ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 14 Apr 2012. Using an estimated price of £415,881 means this house is valued at £6,301 per sq meter (£585 per sq foot).
The average size of a house on BROCK ROAD is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Jones Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Jones Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Jones Road |