£455,522
This estimated value is based upon the latest sale price for the house of £215,000 on 5 Feb 2004. 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 |
|---|---|
| £215,000 | 5 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 February 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £215,000 results in an estimated price of approximately £455,522.
| 5 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £215,000 | £240,522 | £455,522 |
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 | 138.907 % | £298,650 | £513,650 |
| 3 Month Average | 100.241 % | £215,517 | £430,517 |
| 6 Month Average | 80.987 % | £174,122 | £389,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jan 2023 | £352,340 | £354,000 | 19 HARTINGTON ROAD |
| 19 Aug 2022 | £438,819 | £440,000 | 72 VARLEY ROAD |
| 21 Jun 2022 | £436,164 | £430,000 | FLAT 21 HELENE HOUSE, 25 VANDOME CLOSE |
| 10 Jun 2022 | £385,447 | £380,000 | FLAT 11 HELENE HOUSE, 25 VANDOME CLOSE |
| 8 Jun 2022 | £263,727 | £260,000 | 108 VANDOME CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 24 May 2012. Using an estimated price of £455,523 means this house is valued at £3,926 per sq meter (£364 per sq foot).
The average size of a house on LAMBERT ROAD is 100 sq meters (1,079 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Lambert Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Lambert Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lambert Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lambert Road |
| Jan 2024 | Anti-social behaviour | On or near Hartington Road |