£497,468
This estimated value is based upon the latest sale price for the house of £335,000 on 31 Mar 2015. 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 |
|---|---|
| £335,000 | 31 Mar 2015 |
| £189,995 | 14 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 March 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £335,000 results in an estimated price of approximately £497,468.
| 31 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £335,000 | £162,468 | £497,468 |
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 | 22.749 % | £76,208 | £411,208 |
| 3 Month Average | 28.910 % | £96,847 | £431,847 |
| 6 Month Average | 32.487 % | £108,830 | £443,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £448,790 | £435,000 | 7 CROOMBS ROAD |
| 31 Aug 2023 | £478,633 | £470,000 | 28 CROOMBS ROAD |
| 19 Aug 2022 | £472,208 | £470,000 | 86 COLMAN ROAD |
| 11 May 2022 | £497,973 | £485,000 | 2 YOUNG ROAD |
| 28 Feb 2022 | £448,994 | £425,000 | 20 YOUNG ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 29 Apr 2020. Using an estimated price of £497,468 means this house is valued at £3,856 per sq meter (£358 per sq foot).
The average size of a house on CROOMBS ROAD is 104 sq meters (1,122 sq feet).
This house is the largest in the street with a floor area of 129 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croombs Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colman Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Colman Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colman Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Colman Road |