£406,593
This estimated value is based upon the latest sale price for the house of £119,000 on 29 Jun 2001. 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 |
|---|---|
| £119,000 | 29 Jun 2001 |
| £75,000 | 4 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £119,000 results in an estimated price of approximately £406,593.
| 29 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £119,000 | £287,593 | £406,593 |
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 | 132.615 % | £157,811 | £276,811 |
| 3 Month Average | 187.451 % | £223,066 | £342,066 |
| 6 Month Average | 197.916 % | £235,520 | £354,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £219,997 | £215,000 | 27 AGATE CLOSE |
| 17 Mar 2023 | £276,620 | £272,000 | 1 JADE CLOSE |
| 31 Jan 2023 | £315,844 | £315,000 | 7 AGATE CLOSE |
| 3 Nov 2021 | £337,751 | £310,000 | 19 JASPER ROAD |
| 3 Sep 2021 | £390,805 | £360,000 | 20 RICHARD HOUSE DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 24 Oct 2016. Using an estimated price of £406,593 means this house is valued at £5,569 per sq meter (£517 per sq foot).
The average size of a house on AGATE CLOSE is 58 sq meters (625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Agate Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Agate Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Agate Close |
| Jul 2024 | Anti-social behaviour | On or near Jasper Road | |
| Jul 2024 | Anti-social behaviour | On or near Jasper Road |