£373,739
This estimated value is based upon the latest sale price for the house of £320,000 on 12 Nov 2020. 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 |
|---|---|
| £320,000 | 12 Nov 2020 |
| £230,000 | 2 May 2007 |
| £175,000 | 1 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £320,000 results in an estimated price of approximately £373,739.
| 12 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £320,000 | £53,739 | £373,739 |
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 | -23.198 % | £-74,234 | £245,765 |
| 3 Month Average | -21.557 % | £-68,982 | £251,017 |
| 6 Month Average | -17.476 % | £-55,921 | £264,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £434,877 | £425,000 | 10 VANBRUGH CLOSE |
| 20 Jan 2023 | £496,326 | £495,000 | 50 FULMER ROAD |
| 14 Apr 2022 | £404,595 | £390,000 | 11 ST MICHAELS CLOSE |
| 25 Feb 2022 | £454,277 | £430,000 | 11 MEADOWSWEET CLOSE |
| 17 Feb 2022 | £528,229 | £500,000 | 78 FULMER ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 10 Sep 2013. Using an estimated price of £373,739 means this house is valued at £6,795 per sq meter (£631 per sq foot).
The average size of a house on MEADOWSWEET CLOSE is 80 sq meters (864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadowsweet Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vanbrugh Close |
| Oct 2024 | Anti-social behaviour | On or near Woodcocks | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Woodcocks |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcocks |