£217,767
This estimated value is based upon the latest sale price for the house of £60,000 on 12 Dec 2000. 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 |
|---|---|
| £60,000 | 12 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 December 2000 the House Price Index for GREATER LONDON was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £60,000 results in an estimated price of approximately £217,767.
| 12 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 149.7 | 262.947 % | £60,000 | £157,767 | £217,767 |
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 | 261.110 % | £156,665 | £216,665 |
| 3 Month Average | 182.786 % | £109,671 | £169,671 |
| 6 Month Average | 206.429 % | £123,857 | £183,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £180,548 | £175,000 | 75 JADE CLOSE |
| 20 Oct 2023 | £296,740 | £290,000 | 40 JADE CLOSE |
| 15 Sep 2023 | £460,143 | £450,000 | 47 JADE CLOSE |
| 17 Mar 2023 | £276,620 | £272,000 | 1 JADE CLOSE |
| 26 Aug 2022 | £256,198 | £255,000 | 31 JADE CLOSE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 20 May 2017. Using an estimated price of £217,768 means this house is valued at £5,311 per sq meter (£493 per sq foot).
The average size of a house on JADE CLOSE is 52 sq meters (563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jade Close |