£1,770,943
This estimated value is based upon the latest sale price for the house of £1,198,250 on 6 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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128 Stepney Way, London, E1 3BG
Phone: 02036419136
Price Paid | Date |
---|---|
£1,198,250 | 6 Feb 2015 |
Terraced |
Freehold |
Floor Area: 185 sq meters or 1,991 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £1,198,250 results in an estimated price of approximately £1,770,943.
6 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £1,198,250 | £572,693 | £1,770,943 |
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 | -34.514 % | £-413,562 | £784,687 |
3 Month Average | -8.904 % | £-106,688 | £1,091,561 |
6 Month Average | 7.587 % | £90,910 | £1,289,160 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £497,363 | £490,000 | FLAT 3 27 FORD SQUARE |
9 Aug 2023 | £413,618 | £410,000 | 107 NEWARK STREET |
16 Nov 2022 | £419,914 | £425,000 | 105 NEWARK STREET |
1 Nov 2022 | £1,778,458 | £1,800,000 | UNIT 3B 89 STEPNEY WAY |
21 Mar 2022 | £352,329 | £340,000 | 36 DAMIEN STREET |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 19 Jun 2014. Using an estimated price of £1,770,944 means this house is valued at £9,572 per sq meter (£889 per sq foot).
The average size of a house on ASHFIELD STREET is 137 sq meters (1,482 sq feet).
This house is the largest in the street with a floor area of 185 sq meters (1,991 sq feet).