£304,741
This estimated value is based upon the latest sale price for the house of £215,000 on 26 Oct 2015. 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 |
---|---|
£215,000 | 26 Oct 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 October 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £215,000 results in an estimated price of approximately £304,741.
26 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £215,000 | £89,741 | £304,741 |
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 | 54.586 % | £117,359 | £332,359 |
3 Month Average | 11.640 % | £25,026 | £240,026 |
6 Month Average | 18.696 % | £40,197 | £255,197 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £397,163 | £390,000 | 12 LAMBERT ROAD |
17 Jan 2023 | £354,948 | £354,000 | 19 HARTINGTON ROAD |
19 Aug 2022 | £442,067 | £440,000 | 72 VARLEY ROAD |
21 Jun 2022 | £439,392 | £430,000 | FLAT 21 HELENE HOUSE, 25 VANDOME CLOSE |
10 Jun 2022 | £388,300 | £380,000 | FLAT 11 HELENE HOUSE, 25 VANDOME CLOSE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 27 Apr 2015. Using an estimated price of £304,742 means this house is valued at £6,624 per sq meter (£615 per sq foot).
The average size of a house on MORTLAKE ROAD is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Oystercatcher Close |
Apr 2024 | Robbery | Under investigation | On or near Oystercatcher Close |
Apr 2024 | Bicycle theft | Under investigation | On or near Oystercatcher Close |
Apr 2024 | Theft from the person | Under investigation | On or near Freemasons Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Lambert Road |