£316,629
This estimated value is based upon the latest sale price for the house of £260,000 on 21 Dec 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 |
|---|---|
| £260,000 | 21 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £260,000 results in an estimated price of approximately £316,629.
| 21 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £260,000 | £56,629 | £316,629 |
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 | 10.329 % | £26,855 | £286,855 |
| 3 Month Average | 20.377 % | £52,980 | £312,980 |
| 6 Month Average | 5.774 % | £15,011 | £275,011 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 29 Sep 2018.
There is one other house on the street which we know the size of, this is 1 DUNDONALD CLOSE it is 54.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashwell Close |
| Dec 2023 | Vehicle crime | Under investigation | On or near Burlington Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Saltley Close |
| Dec 2023 | Vehicle crime | Under investigation | On or near Saltley Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Saltley Close |