£415,844
This estimated value is based upon the latest sale price for the house of £310,000 on 29 Jul 2016. 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 |
|---|---|
| £310,000 | 29 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £310,000 results in an estimated price of approximately £415,844.
| 29 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £310,000 | £105,844 | £415,844 |
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 | 78.801 % | £244,283 | £554,283 |
| 3 Month Average | 5.915 % | £18,335 | £328,335 |
| 6 Month Average | 8.430 % | £26,134 | £336,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £180,548 | £175,000 | 75 JADE CLOSE |
| 20 Oct 2023 | £296,740 | £290,000 | 40 JADE CLOSE |
| 15 Sep 2023 | £460,143 | £450,000 | 47 JADE CLOSE |
| 17 Mar 2023 | £276,620 | £272,000 | 1 JADE CLOSE |
| 26 Aug 2022 | £256,198 | £255,000 | 31 JADE CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 4 May 2016. Using an estimated price of £415,844 means this house is valued at £7,700 per sq meter (£715 per sq foot).
The average size of a house on JADE CLOSE is 52 sq meters (563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jade Close |