£1,490,087
This estimated value is based upon the latest sale price for the house of £990,000 on 5 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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225 Mile End Road, Stepney, London, E1 4AA
Phone: 02080224373
| Price Paid | Date |
|---|---|
| £990,000 | 5 Sep 2014 |
| £380,000 | 21 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 September 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £990,000 results in an estimated price of approximately £1,490,087.
| 5 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £990,000 | £500,087 | £1,490,087 |
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 | -19.226 % | £-190,339 | £799,660 |
| 3 Month Average | -14.813 % | £-146,645 | £843,354 |
| 6 Month Average | 5.226 % | £51,735 | £1,041,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £907,943 | £900,000 | 16 MILE END PLACE |
| 3 Jul 2023 | £506,821 | £500,000 | 25 ALDERNEY ROAD |
| 28 Mar 2023 | £858,084 | £850,000 | 13 MILE END PLACE |
| 16 Aug 2022 | £842,732 | £845,000 | 9 MILE END PLACE |
| 29 Jul 2022 | £426,147 | £425,000 | 37A ARGYLE ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 11 Apr 2014. Using an estimated price of £1,490,087 means this house is valued at £12,213 per sq meter (£1,134 per sq foot).
The average size of a house on ALDERNEY ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Alderney Road | |
| Jan 2024 | Anti-social behaviour | On or near Alderney Road | |
| Jan 2024 | Anti-social behaviour | On or near Alderney Road | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Frimley Way |
| Jan 2024 | Theft from the person | Under investigation | On or near Frimley Way |