£560,350
This estimated value is based upon the latest sale price for the house of £460,000 on 17 Jul 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 |
---|---|
£460,000 | 17 Jul 2020 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £460,000 results in an estimated price of approximately £560,350.
17 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £460,000 | £100,350 | £560,350 |
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 | 98.536 % | £453,267 | £913,267 |
3 Month Average | 14.671 % | £67,485 | £527,485 |
6 Month Average | 3.963 % | £18,227 | £478,227 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £441,199 | £430,000 | 132 VARLEY ROAD |
31 Aug 2023 | £397,163 | £390,000 | 12 LAMBERT ROAD |
18 Aug 2023 | £330,969 | £325,000 | FLAT 29 MANCHESTER COURT GARVARY ROAD |
12 Apr 2023 | £295,528 | £290,000 | FLAT 27 MANCHESTER COURT GARVARY ROAD |
31 Oct 2022 | £445,512 | £447,000 | 16 MANCHESTER COURT GARVARY ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 19 Nov 2019. Using an estimated price of £560,351 means this house is valued at £4,830 per sq meter (£448 per sq foot).
The average size of a house on GARVARY ROAD is 70 sq meters (754 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Lambert Road |
Apr 2024 | Anti-social behaviour | On or near Vandome Close | |
Apr 2024 | Anti-social behaviour | On or near Vandome Close | |
Apr 2024 | Anti-social behaviour | On or near Vandome Close | |
Apr 2024 | Anti-social behaviour | On or near Vandome Close |