£933,399
This estimated value is based upon the latest sale price for the house of £750,000 on 15 Mar 2019. 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 |
---|---|
£750,000 | 15 Mar 2019 |
£310,000 | 21 Jul 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 118 sq meters or 1,276 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £750,000 results in an estimated price of approximately £933,399.
15 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £750,000 | £183,399 | £933,399 |
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 | -6.290 % | £-47,175 | £702,824 |
3 Month Average | -13.636 % | £-102,269 | £647,730 |
6 Month Average | -6.503 % | £-48,769 | £701,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £565,691 | £557,000 | FLAT 702 SKETCH APARTMENTS, 42 WHITE HORSE LANE |
21 Dec 2023 | £531,327 | £515,000 | FLAT 3 41 WHITE HORSE LANE |
24 Nov 2023 | £718,232 | £700,000 | 30 RECTORY SQUARE |
25 Aug 2023 | £402,968 | £395,700 | FLAT 10 GALWAY HOUSE WHITE HORSE LANE |
14 Jun 2023 | £357,157 | £350,000 | FLAT 15 GALWAY HOUSE WHITE HORSE LANE |
This house has a floor area of 118 sq meters or 1,276 sq feet when measured on 16 Feb 2012. Using an estimated price of £933,400 means this house is valued at £7,870 per sq meter (£731 per sq foot).
The average size of a house on WHITE HORSE LANE is 71 sq meters (764 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,276 sq feet).