£355,687
This estimated value is based upon the latest sale price for the house of £215,000 on 9 Jan 2007. 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 |
|---|---|
| £215,000 | 9 Jan 2007 |
| Terraced |
| Freehold |
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 2007 the House Price Index for GREATER LONDON was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £215,000 results in an estimated price of approximately £355,687.
| 9 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £215,000 | £140,687 | £355,687 |
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 | 74.812 % | £160,845 | £375,845 |
| 3 Month Average | 75.705 % | £162,765 | £377,765 |
| 6 Month Average | 71.372 % | £153,450 | £368,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £315,000 | £315,000 | 22 SHEERWATER ROAD |
| 12 Dec 2023 | £405,459 | £393,000 | 2 HOGARTH CLOSE |
| 19 Jun 2023 | £481,652 | £472,000 | 2 HEATHFIELD CLOSE |
| 30 Mar 2023 | £411,878 | £405,000 | 23 HICKMAN CLOSE |
| 6 May 2022 | £477,438 | £465,000 | 3 HICKMAN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Glencairne Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Goldcrest Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheerwater Road |