£339,083
This estimated value is based upon the latest sale price for the house of £245,000 on 22 Dec 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 |
---|---|
£245,000 | 22 Dec 2015 |
£118,563 | 15 Jul 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £245,000 results in an estimated price of approximately £339,083.
22 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £245,000 | £94,083 | £339,083 |
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 | 28.904 % | £70,814 | £315,814 |
3 Month Average | 25.041 % | £61,350 | £306,350 |
6 Month Average | 21.300 % | £52,183 | £297,183 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £436,462 | £430,000 | 132 VARLEY ROAD |
18 Aug 2023 | £327,868 | £325,000 | FLAT 29 MANCHESTER COURT GARVARY ROAD |
12 Apr 2023 | £293,156 | £290,000 | FLAT 27 MANCHESTER COURT GARVARY ROAD |
9 Mar 2023 | £363,424 | £360,000 | 64 VARLEY ROAD |
20 Jan 2023 | £413,054 | £415,000 | 21 GRESHAM ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 2 May 2015. Using an estimated price of £339,083 means this house is valued at £6,781 per sq meter (£630 per sq foot).
The average size of a house on GARVARY ROAD is 70 sq meters (754 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Manchester Court |
Feb 2024 | Anti-social behaviour | On or near Manchester Court | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Garvary Road |