£396,710
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Apr 2008. 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 |
|---|---|
| £250,000 | 25 Apr 2008 |
| £217,500 | 20 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £250,000 results in an estimated price of approximately £396,710.
| 25 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £250,000 | £146,710 | £396,710 |
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 | 33.838 % | £84,595 | £334,595 |
| 3 Month Average | 15.635 % | £39,088 | £289,088 |
| 6 Month Average | 46.374 % | £115,935 | £365,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £395,460 | £392,000 | FLAT 2 BISCAY HOUSE MILE END ROAD |
| 7 Aug 2023 | £907,943 | £900,000 | 16 MILE END PLACE |
| 28 Mar 2023 | £858,084 | £850,000 | 13 MILE END PLACE |
| 13 Jan 2023 | £288,640 | £290,000 | 34 ERNEST STREET |
| 31 Oct 2022 | £593,609 | £600,000 | 11 SHANDY STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Jun 2021. Using an estimated price of £396,711 means this house is valued at £5,667 per sq meter (£526 per sq foot).
The average size of a house on ERNEST STREET is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near A11 |
| Apr 2024 | Vehicle crime | Under investigation | On or near A11 |
| Mar 2024 | Bicycle theft | Under investigation | On or near A11 |
| Mar 2024 | Other theft | Under investigation | On or near A11 |
| Mar 2024 | Other theft | Under investigation | On or near A11 |