£332,291
This estimated value is based upon the latest sale price for the house of £175,000 on 13 Oct 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Palmer Road
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16 Tree Road, London, E16 3DZ
Phone: 02080225466
Price Paid | Date |
---|---|
£175,000 | 13 Oct 2004 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 October 2004 the House Price Index for GREATER LONDON was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £175,000 results in an estimated price of approximately £332,291.
13 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 148.6 | 89.881 % | £175,000 | £157,291 | £332,291 |
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 | 132.524 % | £231,917 | £406,917 |
3 Month Average | 107.440 % | £188,020 | £363,020 |
6 Month Average | 100.449 % | £175,785 | £350,785 |
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 59 sq meters or 635 sq feet when measured on 21 Jun 2019. Using an estimated price of £332,292 means this house is valued at £5,632 per sq meter (£523 per sq foot).
The average size of a house on PALMER ROAD is 77 sq meters (835 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Palmer Road |
Mar 2024 | Burglary | Under investigation | On or near Palmer Road |
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 |