£663,773
This estimated value is based upon the latest sale price for the house of £525,000 on 25 Jan 2018. 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 |
|---|---|
| £525,000 | 25 Jan 2018 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £525,000 results in an estimated price of approximately £663,773.
| 25 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £525,000 | £138,773 | £663,773 |
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 | -3.590 % | £-18,849 | £506,150 |
| 3 Month Average | -9.391 % | £-49,303 | £475,696 |
| 6 Month Average | -6.686 % | £-35,103 | £489,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £315,000 | £315,000 | 22 SHEERWATER ROAD |
| 12 Dec 2023 | £405,459 | £393,000 | 2 HOGARTH CLOSE |
| 11 Aug 2023 | £453,173 | £445,000 | 6 SULLIVAN AVENUE |
| 19 Jun 2023 | £481,652 | £472,000 | 2 HEATHFIELD CLOSE |
| 3 May 2022 | £412,753 | £402,000 | 26 SHEERWATER ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 29 Aug 2017. Using an estimated price of £663,774 means this house is valued at £5,625 per sq meter (£522 per sq foot).
The average size of a house on HEATHFIELD CLOSE is 78 sq meters (846 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Heathfield Close | |
| Sep 2024 | Anti-social behaviour | On or near Heathfield Close | |
| Sep 2024 | Anti-social behaviour | On or near Heathfield Close | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Sullivan Avenue |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Sullivan Avenue |