£401,254
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Dec 2013. 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 |
|---|---|
| £250,000 | 23 Dec 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 December 2013 the House Price Index for GREATER LONDON was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £250,000 results in an estimated price of approximately £401,254.
| 23 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £250,000 | £151,254 | £401,254 |
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 | -0.280 % | £-698 | £249,301 |
| 3 Month Average | 0.882 % | £2,204 | £252,204 |
| 6 Month Average | 21.794 % | £54,484 | £304,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £326,677 | £322,500 | FLAT 10 222 STEPNEY WAY |
| 3 Apr 2023 | £394,245 | £390,000 | FLAT 5 LE MOAL HOUSE STEPNEY WAY |
| 10 Mar 2023 | £215,783 | £213,750 | FLAT 9 222 STEPNEY WAY |
| 5 Jul 2022 | £476,382 | £475,100 | 140 CLARK STREET |
| 6 Aug 2021 | £428,396 | £384,000 | FLAT 23 224 STEPNEY WAY |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 26 Sep 2013. Using an estimated price of £401,254 means this house is valued at £5,422 per sq meter (£503 per sq foot).
The average size of a house on STEPNEY WAY is 63 sq meters (681 sq feet).