£399,463
This estimated value is based upon the latest sale price for the house of £224,000 on 14 Sep 2009. 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 |
|---|---|
| £224,000 | 14 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 577 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £224,000 results in an estimated price of approximately £399,463.
| 14 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £224,000 | £175,463 | £399,463 |
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 | 25.942 % | £58,109 | £282,109 |
| 3 Month Average | 35.161 % | £78,761 | £302,761 |
| 6 Month Average | 61.065 % | £136,785 | £360,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £370,485 | £365,000 | FLAT 9 BLENHEIM PLACE, 114 STEPNEY WAY |
| 8 Sep 2023 | £579,915 | £572,500 | FLAT 40 DRON HOUSE ADELINA GROVE |
| 9 Aug 2023 | £413,618 | £410,000 | 107 NEWARK STREET |
| 26 Jun 2023 | £486,898 | £481,000 | FLAT 41 DRON HOUSE ADELINA GROVE |
| 23 Mar 2023 | £302,853 | £300,000 | FLAT 33 COLVERSON HOUSE LINDLEY STREET |
This house has a floor area of 53 sq meters or 577 sq feet when measured on 20 Oct 2008. Using an estimated price of £399,464 means this house is valued at £7,449 per sq meter (£692 per sq foot).
The average size of a house on WOLSEY STREET is 59 sq meters (643 sq feet).
This house is the largest in the street with a floor area of 53 sq meters (577 sq feet).