£493,349
This estimated value is based upon the latest sale price for the house of £400,000 on 23 Jul 2019. 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 |
---|---|
£400,000 | 23 Jul 2019 |
£208,000 | 11 Jul 2008 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £400,000 results in an estimated price of approximately £493,349.
23 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £400,000 | £93,349 | £493,349 |
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 | 100.311 % | £401,243 | £801,243 |
3 Month Average | 14.354 % | £57,416 | £457,416 |
6 Month Average | 11.167 % | £44,666 | £444,666 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £389,457 | £386,050 | 66 SELBY ROAD |
25 Nov 2022 | £367,054 | £371,500 | 26 SELBY ROAD |
15 Nov 2021 | £383,071 | £354,199 | 6 SELBY ROAD |
29 Jun 2021 | £413,076 | £385,000 | 50 BROCK ROAD |
30 Oct 2020 | £322,598 | £275,000 | 55 HOLBORN ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 16 Jun 2021. Using an estimated price of £493,350 means this house is valued at £4,654 per sq meter (£432 per sq foot).
The average size of a house on BROCK ROAD is 76 sq meters (822 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Jones Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Jones Road |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Jones Road |