£440,898
This estimated value is based upon the latest sale price for the house of £365,000 on 14 Aug 2020. 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 |
|---|---|
| £365,000 | 14 Aug 2020 |
| £187,000 | 11 Apr 2006 |
| £94,995 | 5 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £365,000 results in an estimated price of approximately £440,898.
| 14 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £365,000 | £75,898 | £440,898 |
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 | 25.541 % | £93,223 | £458,223 |
| 3 Month Average | -3.085 % | £-11,259 | £353,740 |
| 6 Month Average | 0.559 % | £2,039 | £367,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £411,878 | £405,000 | 23 HICKMAN CLOSE |
| 6 May 2022 | £477,438 | £465,000 | 3 HICKMAN CLOSE |
| 3 May 2022 | £412,753 | £402,000 | 26 SHEERWATER ROAD |
| 19 Jan 2022 | £429,380 | £405,000 | 7 SHEERWATER ROAD |
| 16 Aug 2021 | £447,302 | £398,000 | 10 FIRBANK CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 Aug 2016. Using an estimated price of £440,899 means this house is valued at £7,227 per sq meter (£671 per sq foot).
The average size of a house on FLEETWOOD CLOSE is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fleetwood Close |
| Apr 2024 | Robbery | Under investigation | On or near Goldcrest Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Goldcrest Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Firbank Close |