£359,115
This estimated value is based upon the latest sale price for the house of £214,144 on 10 Nov 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been four burglaries within the last year on or near Stepney Way
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380 Commercial Road, London, E1 0LB
Phone: 02036412595
| Price Paid | Date |
|---|---|
| £214,144 | 10 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 November 2006 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £214,144 results in an estimated price of approximately £359,115.
| 10 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £214,144 | £144,971 | £359,115 |
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 | 51.364 % | £109,993 | £324,137 |
| 3 Month Average | 58.512 % | £125,299 | £339,443 |
| 6 Month Average | 88.986 % | £190,557 | £404,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £375,571 | £369,000 | FLAT 3 PAYMAL HOUSE STEPNEY WAY |
| 15 Sep 2023 | £351,322 | £346,830 | FLAT 27 224 STEPNEY WAY |
| 8 Sep 2023 | £326,677 | £322,500 | FLAT 10 222 STEPNEY WAY |
| 21 Aug 2023 | £105,927 | £105,000 | FLAT 3 224 STEPNEY WAY |
| 10 Mar 2023 | £215,783 | £213,750 | FLAT 9 222 STEPNEY WAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 22 Jan 2016. Using an estimated price of £359,116 means this house is valued at £5,204 per sq meter (£483 per sq foot).
The average size of a house on STEPNEY WAY is 63 sq meters (681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stepney Way |
| Jan 2024 | Burglary | Under investigation | On or near Stepney Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Stepney Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Stepney Way |
| Jan 2024 | Burglary | Under investigation | On or near Stepney Way |