£345,102
This estimated value is based upon the latest sale price for the house of £170,000 on 24 May 2004. 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 |
|---|---|
| £170,000 | 24 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 May 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £170,000 results in an estimated price of approximately £345,102.
| 24 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £170,000 | £175,102 | £345,102 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 103.959 % | £176,729 | £346,729 |
| 3 Month Average | 118.480 % | £201,416 | £371,416 |
| 6 Month Average | 103.902 % | £176,633 | £346,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £401,347 | £392,500 | 5 CHETWOOD WALK |
| 4 Aug 2023 | £290,235 | £285,000 | FLAT 6 13 OLIVER GARDENS |
| 3 Mar 2023 | £228,821 | £225,000 | FLAT 1 40 KIRKHAM ROAD |
| 17 Feb 2023 | £422,824 | £420,000 | 1 ABBESS CLOSE |
| 3 Feb 2023 | £296,984 | £295,000 | 14 CHETWOOD WALK |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 21 Dec 2015. Using an estimated price of £345,103 means this house is valued at £6,390 per sq meter (£593 per sq foot).
The average size of a house on CHETWOOD WALK is 65 sq meters (706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowan Close |
| Sep 2024 | Anti-social behaviour | On or near Oliver Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Oliver Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Oliver Gardens | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Selby Close |