£259,379
This estimated value is based upon the latest sale price for the house of £155,000 on 24 Jul 2013. 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 |
---|---|
£155,000 | 24 Jul 2013 |
£106,000 | 11 Oct 2002 |
£47,995 | 16 Nov 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £155,000 results in an estimated price of approximately £259,379.
24 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £155,000 | £104,379 | £259,379 |
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 | 122.793 % | £190,329 | £345,329 |
3 Month Average | 49.983 % | £77,473 | £232,473 |
6 Month Average | 54.928 % | £85,137 | £240,137 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £499,336 | £495,000 | 4 SAVILLE ROAD |
5 Dec 2023 | £460,139 | £446,000 | 25 SAVILLE ROAD |
15 Sep 2023 | £460,143 | £450,000 | 14 WYTHES ROAD |
2 Jun 2023 | £291,849 | £286,000 | 56 WYTHES ROAD |
1 Mar 2023 | £274,586 | £270,000 | 13 MUIR STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 30 Apr 2013. Using an estimated price of £259,380 means this house is valued at £4,803 per sq meter (£446 per sq foot).
The average size of a house on NEWLAND STREET is 55 sq meters (594 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Saville Road |
May 2024 | Theft from the person | On or near London City Airport (Dlr) | |
May 2024 | Public order | On or near London City Airport (Dlr) | |
May 2024 | Violence and sexual offences | On or near London City Airport (Dlr) | |
May 2024 | Theft from the person | On or near London City Airport (Dlr) |