£356,990
This estimated value is based upon the latest sale price for the house of £190,000 on 28 Sep 2005. 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 |
---|---|
£190,000 | 28 Sep 2005 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 573 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 September 2005 the House Price Index for GREATER LONDON was 54.5.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 87.890%.Applying this 87.890% change to the original purchase price of £190,000 results in an estimated price of approximately £356,990.
28 Sep 2005 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.5 | 102.4 | 87.890 % | £190,000 | £166,990 | £356,990 |
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 | 99.179 % | £188,440 | £378,440 |
3 Month Average | 71.973 % | £136,748 | £326,748 |
6 Month Average | 70.181 % | £133,344 | £323,344 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jan 2025 | £414,022 | £412,000 | 17 RICHARD HOUSE DRIVE |
19 Dec 2024 | £241,393 | £238,800 | 57 EMERALD CLOSE |
30 Oct 2024 | £191,235 | £187,500 | 62 EMERALD CLOSE |
23 Feb 2024 | £415,704 | £395,000 | 16 RICHARD HOUSE DRIVE |
8 Feb 2024 | £447,276 | £425,000 | 29 RICHARD HOUSE DRIVE |
This house has a floor area of 53 sq meters or 573 sq feet when measured on 15 Feb 2012. Using an estimated price of £356,991 means this house is valued at £6,697 per sq meter (£622 per sq foot).
The average size of a house on EMERALD CLOSE is 55 sq meters (601 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2024 | Violence and sexual offences | Offender given a caution | On or near Emerald Close |
Dec 2024 | Public order | Investigation complete; no suspect identified | On or near Emerald Close |
Dec 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Emerald Close |
Nov 2024 | Anti-social behaviour | On or near Emerald Close | |
Nov 2024 | Anti-social behaviour | On or near Emerald Close |