£345,677
This estimated value is based upon the latest sale price for the house of £205,000 on 22 Mar 2013. 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 |
---|---|
£205,000 | 22 Mar 2013 |
£92,000 | 25 May 2001 |
£49,500 | 8 Nov 1996 |
£35,000 | 6 Sep 1996 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,065 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 March 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £205,000 results in an estimated price of approximately £345,677.
22 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.623 % | £205,000 | £140,677 | £345,677 |
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 | 42.009 % | £86,118 | £291,118 |
3 Month Average | 62.685 % | £128,503 | £333,503 |
6 Month Average | 95.200 % | £195,160 | £400,160 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2022 | £409,726 | £410,000 | 13 HOLBORN ROAD |
22 Jul 2022 | £368,694 | £365,000 | 220 PRINCE REGENT LANE |
21 Jul 2022 | £318,188 | £315,000 | 3 ALLIANCE ROAD |
29 Mar 2022 | £366,942 | £351,500 | 5 BOTHA ROAD |
14 Jan 2022 | £371,069 | £350,000 | 202 PRINCE REGENT LANE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Sep 2020. Using an estimated price of £345,678 means this house is valued at £3,491 per sq meter (£324 per sq foot).
The average size of a house on BOTHA ROAD is 74 sq meters (805 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).