£890,076
This estimated value is based upon the latest sale price for the house of £389,995 on 22 Dec 2003. 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 |
---|---|
£389,995 | 22 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 2003 the House Price Index for GREATER LONDON was 45.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 128.228%.Applying this 128.228% change to the original purchase price of £389,995 results in an estimated price of approximately £890,076.
22 Dec 2003 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.7 | 104.3 | 128.228 % | £389,995 | £500,081 | £890,076 |
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 | 60.985 % | £237,838 | £627,833 |
3 Month Average | 82.178 % | £320,490 | £710,485 |
6 Month Average | 106.915 % | £416,963 | £806,958 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2024 | £409,225 | £390,000 | 251 WARDS WHARF APPROACH |
11 Sep 2024 | £341,021 | £325,000 | FLAT 83 WARDS WHARF APPROACH |
4 Sep 2024 | £445,951 | £425,000 | 218 WARDS WHARF APPROACH |
20 Aug 2024 | £337,163 | £321,000 | FLAT 69 WARDS WHARF APPROACH |
1 Aug 2024 | £420,141 | £400,000 | 240 WARDS WHARF APPROACH |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Aug 2021. Using an estimated price of £890,076 means this house is valued at £9,468 per sq meter (£879 per sq foot).
The average size of a house on WARDS WHARF APPROACH is 79 sq meters (853 sq feet).