£287,625
This estimated value is based upon the latest sale price for the house of £53,500 on 15 Jan 1997. 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 |
|---|---|
| £53,500 | 15 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 870 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 1997 the House Price Index for GREATER LONDON was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £53,500 results in an estimated price of approximately £287,625.
| 15 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 149.7 | 437.617 % | £53,500 | £234,125 | £287,625 |
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 | 470.562 % | £251,750 | £305,250 |
| 3 Month Average | 412.107 % | £220,477 | £273,977 |
| 6 Month Average | 428.017 % | £228,989 | £282,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £441,199 | £430,000 | 132 VARLEY ROAD |
| 22 Sep 2023 | £419,242 | £410,000 | 81 VARLEY ROAD |
| 20 Mar 2023 | £381,369 | £375,000 | 80 VARLEY ROAD |
| 9 Mar 2023 | £366,114 | £360,000 | 64 VARLEY ROAD |
| 26 Aug 2022 | £187,879 | £187,000 | 30A MORTLAKE ROAD |
This house has a floor area of 80 sq meters or 870 sq feet when measured on 26 Feb 2011. Using an estimated price of £287,625 means this house is valued at £3,557 per sq meter (£330 per sq foot).
The average size of a house on VARLEY ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Under investigation | On or near Varley Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Varley Road |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Varley Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Varley Road |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Varley Road |