£335,418
This estimated value is based upon the latest sale price for the house of £197,500 on 2 Mar 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
225 Mile End Road, Stepney, London, E1 4AA
Phone: 02080224373
Price Paid | Date |
---|---|
£197,500 | 2 Mar 2011 |
£324,000 | 1 Jul 2004 |
£223,000 | 20 Apr 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 401 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 March 2011 the House Price Index for GREATER LONDON was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.832%.Applying this 69.832% change to the original purchase price of £197,500 results in an estimated price of approximately £335,418.
2 Mar 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 146.7 | 69.832 % | £197,500 | £137,918 | £335,418 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 15.701 % | £31,009 | £228,509 |
3 Month Average | 25.126 % | £49,623 | £247,123 |
6 Month Average | 58.281 % | £115,105 | £312,605 |
This house has a floor area of 37 sq meters or 401 sq feet when measured on 12 Jan 2011.
The average size of a house on BANCROFT ROAD is 90 sq meters (974 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (401 sq feet).