£254,000
This estimated value is based upon the latest sale price for the house of £200,000 on 27 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Wilkinson Road
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16 Tree Road, London, E16 3DZ
Phone: 02080225466
Price Paid | Date |
---|---|
£200,000 | 27 Nov 2017 |
£195,000 | 24 Jan 2003 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £200,000 results in an estimated price of approximately £254,000.
27 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £200,000 | £54,000 | £254,000 |
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 | -16.998 % | £-33,995 | £166,004 |
3 Month Average | -2.591 % | £-5,182 | £194,817 |
6 Month Average | -4.328 % | £-8,655 | £191,344 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £497,500 | £497,500 | 34 YOUNG ROAD |
19 Sep 2023 | £429,467 | £420,000 | 36 WILKINSON ROAD |
27 Mar 2023 | £483,067 | £475,000 | 70 CROOMBS ROAD |
24 Feb 2023 | £437,925 | £435,000 | 44 YOUNG ROAD |
19 Aug 2022 | £401,879 | £400,000 | 50 HOSKINS CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 10 Nov 2017. Using an estimated price of £254,000 means this house is valued at £2,396 per sq meter (£222 per sq foot).
The average size of a house on WILKINSON ROAD is 107 sq meters (1,157 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Wilkinson Road |
Oct 2024 | Anti-social behaviour | On or near Young Road | |
Sep 2024 | Anti-social behaviour | On or near Young Road | |
Sep 2024 | Anti-social behaviour | On or near Young Road | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Young Road |