£567,309
This estimated value is based upon the latest sale price for the house of £420,000 on 24 Mar 2016. 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 |
---|---|
£420,000 | 24 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 744 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £420,000 results in an estimated price of approximately £567,309.
24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £420,000 | £147,309 | £567,309 |
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 | -24.273 % | £-101,946 | £318,053 |
3 Month Average | -31.658 % | £-132,963 | £287,036 |
6 Month Average | -18.661 % | £-78,375 | £341,624 |
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 69 sq meters or 744 sq feet when measured on 24 Jun 2011. Using an estimated price of £567,310 means this house is valued at £8,200 per sq meter (£761 per sq foot).
The average size of a house on ERNEST STREET is 72 sq meters (777 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near A11 |
Dec 2023 | Anti-social behaviour | On or near A11 | |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near A11 |
Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near A11 |
Dec 2023 | Anti-social behaviour | On or near A11 |