£248,114
This estimated value is based upon the latest sale price for the house of £131,000 on 7 Jan 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 |
|---|---|
| £131,000 | 7 Jan 2005 |
| Terraced |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 January 2005 the House Price Index for GREATER LONDON was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £131,000 results in an estimated price of approximately £248,114.
| 7 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £131,000 | £117,114 | £248,114 |
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 | 149.562 % | £195,925 | £326,925 |
| 3 Month Average | 104.723 % | £137,186 | £268,186 |
| 6 Month Average | 94.768 % | £124,145 | £255,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Sep 2021 | £390,805 | £360,000 | 20 RICHARD HOUSE DRIVE |
| 28 Jun 2021 | £416,134 | £385,000 | 34 RICHARD HOUSE DRIVE |
| 24 Nov 2020 | £537,250 | £460,000 | 21 RICHARD HOUSE DRIVE |
| 17 Jan 2020 | £479,210 | £390,000 | 70 RICHARD HOUSE DRIVE |
| 10 Jan 2020 | £479,210 | £390,000 | 9 EMERALD CLOSE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 24 Aug 2012. Using an estimated price of £248,114 means this house is valued at £6,361 per sq meter (£591 per sq foot).
The average size of a house on EMERALD CLOSE is 55 sq meters (601 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Theft from the person | Under investigation | On or near Emerald Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Emerald Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Emerald Close |
| Jun 2024 | Anti-social behaviour | On or near Emerald Close | |
| Jun 2024 | Anti-social behaviour | On or near Emerald Close |