£409,442
This estimated value is based upon the latest sale price for the house of £275,000 on 23 Feb 2015. 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 |
|---|---|
| £275,000 | 23 Feb 2015 |
| £75,000 | 27 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 744 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £275,000 results in an estimated price of approximately £409,442.
| 23 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £275,000 | £134,442 | £409,442 |
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 | 27.832 % | £76,538 | £351,538 |
| 3 Month Average | 33.490 % | £92,096 | £367,096 |
| 6 Month Average | 32.098 % | £88,269 | £363,269 |
| 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 |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 26 Mar 2009. Using an estimated price of £409,443 means this house is valued at £5,916 per sq meter (£549 per sq foot).
The average size of a house on GLENCAIRNE CLOSE is 93 sq meters (1,006 sq feet).
| 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 |