£360,235
This estimated value is based upon the latest sale price for the house of £230,000 on 26 Oct 2007. 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 |
|---|---|
| £230,000 | 26 Oct 2007 |
| £80,000 | 6 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 930 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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £230,000 results in an estimated price of approximately £360,235.
| 26 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £230,000 | £130,235 | £360,235 |
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 | 34.385 % | £79,084 | £309,084 |
| 3 Month Average | 47.433 % | £109,096 | £339,096 |
| 6 Month Average | 51.137 % | £117,615 | £347,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £295,528 | £290,000 | FLAT 27 MANCHESTER COURT GARVARY ROAD |
| 20 Jan 2023 | £416,112 | £415,000 | 21 GRESHAM ROAD |
| 31 Oct 2022 | £445,512 | £447,000 | 16 MANCHESTER COURT GARVARY ROAD |
| 13 Jul 2022 | £404,049 | £400,000 | 45 THROCKMORTON ROAD |
| 15 Feb 2022 | £348,631 | £330,000 | FLAT 6 MANCHESTER COURT GARVARY ROAD |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 19 Jun 2009. Using an estimated price of £360,236 means this house is valued at £4,169 per sq meter (£387 per sq foot).
The average size of a house on THROCKMORTON ROAD is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Throckmorton Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Throckmorton Road |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Throckmorton Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ethel Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ethel Road |