£449,071
This estimated value is based upon the latest sale price for the house of £380,000 on 30 Oct 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 |
|---|---|
| £380,000 | 30 Oct 2020 |
| £170,000 | 6 Aug 2009 |
| £177,000 | 28 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £380,000 results in an estimated price of approximately £449,071.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £380,000 | £69,071 | £449,071 |
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 | -26.076 % | £-99,088 | £280,911 |
| 3 Month Average | -20.246 % | £-76,935 | £303,064 |
| 6 Month Average | -15.350 % | £-58,329 | £321,670 |
| 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 |
| 3 May 2022 | £412,753 | £402,000 | 26 SHEERWATER ROAD |
| 19 Jan 2022 | £429,380 | £405,000 | 7 SHEERWATER ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 25 Jun 2020. Using an estimated price of £449,071 means this house is valued at £7,484 per sq meter (£695 per sq foot).
The average size of a house on HOGARTH CLOSE is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Heathfield Close | |
| Sep 2024 | Anti-social behaviour | On or near Heathfield Close | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Glencairne Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheerwater Road |
| Aug 2024 | Anti-social behaviour | On or near Newham Way |