£268,054
This estimated value is based upon the latest sale price for the house of £248,000 on 25 Jun 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 |
|---|---|
| £248,000 | 25 Jun 2021 |
| £106,500 | 27 May 2002 |
| £42,000 | 16 May 1997 |
| 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £248,000 results in an estimated price of approximately £268,054.
| 25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £248,000 | £20,054 | £268,054 |
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 | -2.796 % | £-6,933 | £241,066 |
| 3 Month Average | 4.285 % | £10,625 | £258,625 |
| 6 Month Average | 8.579 % | £21,275 | £269,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £223,433 | £220,000 | 34 DUNNOCK ROAD |
| 31 Oct 2023 | £819 | £800 | 1 KIRKHAM ROAD |
| 24 Mar 2023 | £584,766 | £575,000 | 48 DUNNOCK ROAD |
| 3 Mar 2023 | £228,821 | £225,000 | FLAT 1 40 KIRKHAM ROAD |
| 23 Aug 2021 | £303,446 | £270,000 | 1 LATHAM CLOSE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 25 Nov 2021. Using an estimated price of £268,055 means this house is valued at £6,701 per sq meter (£622 per sq foot).
The average size of a house on KIRKHAM ROAD is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Latham Close |
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Cowan Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowan Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowan Close |
| Oct 2024 | Anti-social behaviour | On or near Oliver Gardens |