£315,843
This estimated value is based upon the latest sale price for the house of £315,000 on 31 Jan 2023. 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 |
---|---|
£315,000 | 31 Jan 2023 |
£260,000 | 26 Jun 2015 |
£141,000 | 21 Dec 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £315,000 results in an estimated price of approximately £315,843.
31 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £315,000 | £843 | £315,843 |
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 | -14.176 % | £-44,653 | £270,346 |
3 Month Average | -7.417 % | £-23,363 | £291,636 |
6 Month Average | -12.890 % | £-40,602 | £274,397 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £219,997 | £215,000 | 27 AGATE CLOSE |
17 Mar 2023 | £276,620 | £272,000 | 1 JADE CLOSE |
31 Jan 2023 | £315,844 | £315,000 | 7 AGATE CLOSE |
3 Nov 2021 | £337,751 | £310,000 | 19 JASPER ROAD |
3 Sep 2021 | £390,805 | £360,000 | 20 RICHARD HOUSE DRIVE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 1 Jun 2011. Using an estimated price of £315,844 means this house is valued at £7,520 per sq meter (£698 per sq foot).
The average size of a house on AGATE CLOSE is 58 sq meters (625 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Agate Close |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Agate Close |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Agate Close |
Jul 2024 | Anti-social behaviour | On or near Jasper Road | |
Jul 2024 | Anti-social behaviour | On or near Jasper Road |