£337,984
This estimated value is based upon the latest sale price for the house of £217,000 on 6 May 2014. 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 |
---|---|
£217,000 | 6 May 2014 |
£99,000 | 27 Jul 2001 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £217,000 results in an estimated price of approximately £337,984.
6 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £217,000 | £120,984 | £337,984 |
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 | 84.528 % | £183,424 | £400,424 |
3 Month Average | 35.084 % | £76,132 | £293,132 |
6 Month Average | 49.761 % | £107,981 | £324,981 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £405,459 | £393,000 | 2 HOGARTH CLOSE |
19 Jun 2023 | £481,652 | £472,000 | 2 HEATHFIELD CLOSE |
30 Mar 2023 | £411,878 | £405,000 | 23 HICKMAN CLOSE |
6 May 2022 | £477,438 | £465,000 | 3 HICKMAN CLOSE |
3 May 2022 | £412,753 | £402,000 | 26 SHEERWATER ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 28 Nov 2013. Using an estimated price of £337,985 means this house is valued at £5,929 per sq meter (£550 per sq foot).
The average size of a house on SHEERWATER ROAD is 67 sq meters (724 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Waterhouse Close |
Apr 2024 | Theft from the person | Under investigation | On or near Heathfield Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fleetwood Close |
Apr 2024 | Robbery | Under investigation | On or near Goldcrest Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Goldcrest Close |