£441,407
This estimated value is based upon the latest sale price for the house of £184,995 on 2 May 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 |
---|---|
£184,995 | 2 May 2003 |
£75,000 | 1 May 1998 |
£45,000 | 4 Jun 1997 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2003 the House Price Index for GREATER LONDON was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £184,995 results in an estimated price of approximately £441,407.
2 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 149.7 | 138.605 % | £184,995 | £256,412 | £441,407 |
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 | 149.025 % | £275,688 | £460,683 |
3 Month Average | 85.192 % | £157,601 | £342,596 |
6 Month Average | 99.560 % | £184,180 | £369,175 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £448,790 | £435,000 | 7 CROOMBS ROAD |
31 Aug 2023 | £478,633 | £470,000 | 28 CROOMBS ROAD |
19 Aug 2022 | £472,208 | £470,000 | 86 COLMAN ROAD |
11 May 2022 | £497,973 | £485,000 | 2 YOUNG ROAD |
28 Feb 2022 | £448,994 | £425,000 | 20 YOUNG ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 4 Jan 2013. Using an estimated price of £441,407 means this house is valued at £4,504 per sq meter (£418 per sq foot).
The average size of a house on CROOMBS ROAD is 104 sq meters (1,122 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Colman Road |
Apr 2024 | Other theft | Under investigation | On or near Nottingham Avenue |