£303,445
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Aug 2021. 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 |
|---|---|
| £270,000 | 23 Aug 2021 |
| £280,000 | 30 Mar 2016 |
| £140,000 | 25 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 430 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 August 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £270,000 results in an estimated price of approximately £303,445.
| 23 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £270,000 | £33,445 | £303,445 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | -1.160 % | £-3,132 | £266,867 |
| 3 Month Average | 10.967 % | £29,610 | £299,610 |
| 6 Month Average | 12.002 % | £32,406 | £302,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £819 | £800 | 1 KIRKHAM ROAD |
| 4 Aug 2023 | £290,235 | £285,000 | FLAT 6 13 OLIVER GARDENS |
| 3 Mar 2023 | £228,821 | £225,000 | FLAT 1 40 KIRKHAM ROAD |
| 30 Jun 2022 | £408,737 | £400,000 | 8 OLIVER GARDENS |
| 25 Mar 2022 | £391,475 | £375,000 | 3 ELMLEY CLOSE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 22 Jan 2016. Using an estimated price of £303,446 means this house is valued at £7,586 per sq meter (£704 per sq foot).
The average size of a house on LATHAM CLOSE is 67 sq meters (729 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Latham Close |
| Oct 2024 | Anti-social behaviour | On or near Oliver Gardens | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Elmley Close |
| Sep 2024 | Anti-social behaviour | On or near Oliver Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Oliver Gardens |