£348,172
This estimated value is based upon the latest sale price for the house of £147,000 on 14 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 |
|---|---|
| £147,000 | 14 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £147,000 results in an estimated price of approximately £348,172.
| 14 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £147,000 | £201,172 | £348,172 |
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 | 126.524 % | £185,990 | £332,990 |
| 3 Month Average | 111.229 % | £163,506 | £310,506 |
| 6 Month Average | 98.661 % | £145,032 | £292,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £415,310 | £410,000 | 81 VARLEY ROAD |
| 18 Aug 2023 | £403,530 | £400,000 | 75 DEVONSHIRE ROAD |
| 20 Jan 2023 | £413,054 | £415,000 | 21 GRESHAM ROAD |
| 18 Mar 2022 | £259,066 | £250,000 | 163 GARVARY ROAD |
| 11 Mar 2022 | £248,703 | £240,000 | 151 VARLEY ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 1 Aug 2019. Using an estimated price of £348,172 means this house is valued at £5,615 per sq meter (£521 per sq foot).
The average size of a house on DEVONSHIRE ROAD is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |
| Jan 2024 | Anti-social behaviour | On or near Devonshire Road |