£422,071
This estimated value is based upon the latest sale price for the house of £340,000 on 9 Nov 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 |
|---|---|
| £340,000 | 9 Nov 2018 |
| £178,000 | 9 Jan 2012 |
| 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £340,000 results in an estimated price of approximately £422,071.
| 9 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £340,000 | £82,071 | £422,071 |
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 | 1.045 % | £3,552 | £343,552 |
| 3 Month Average | 12.350 % | £41,990 | £381,990 |
| 6 Month Average | 12.029 % | £40,897 | £380,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £401,347 | £392,500 | 5 CHETWOOD WALK |
| 4 Aug 2023 | £290,235 | £285,000 | FLAT 6 13 OLIVER GARDENS |
| 17 Feb 2023 | £422,824 | £420,000 | 1 ABBESS CLOSE |
| 3 Feb 2023 | £296,984 | £295,000 | 14 CHETWOOD WALK |
| 30 Jun 2022 | £408,737 | £400,000 | 8 OLIVER GARDENS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Aug 2011. Using an estimated price of £422,072 means this house is valued at £7,537 per sq meter (£700 per sq foot).
The average size of a house on CHETWOOD WALK is 65 sq meters (706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Cowan Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowan Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowan Close |
| Oct 2024 | Anti-social behaviour | On or near Oliver Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Oliver Gardens |