£283,169
This estimated value is based upon the latest sale price for the house of £195,000 on 18 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Parker Close
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16 Tree Road, London, E16 3DZ
Phone: 02080225466
Price Paid | Date |
---|---|
£195,000 | 18 Jun 2015 |
£165,000 | 15 Oct 2007 |
£40,000 | 22 Sep 1997 |
£26,000 | 29 May 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £195,000 results in an estimated price of approximately £283,169.
18 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £195,000 | £88,169 | £283,169 |
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 | 71.883 % | £140,171 | £335,171 |
3 Month Average | 47.005 % | £91,659 | £286,659 |
6 Month Average | 25.528 % | £49,780 | £244,780 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £453,943 | £446,000 | 25 SAVILLE ROAD |
15 Sep 2023 | £455,828 | £450,000 | 14 WYTHES ROAD |
2 Jun 2023 | £289,507 | £286,000 | 56 WYTHES ROAD |
27 Jan 2023 | £393,148 | £395,000 | 7 CAMEL ROAD |
29 Jul 2022 | £240,648 | £240,000 | 10 DREW ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 21 Feb 2015. Using an estimated price of £283,169 means this house is valued at £3,988 per sq meter (£370 per sq foot).
The average size of a house on ALBERT ROAD is 80 sq meters (866 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Parker Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parker Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parker Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Parker Close |
Apr 2024 | Public order | Under investigation | On or near Constance Street |