£427,551
This estimated value is based upon the latest sale price for the house of £275,000 on 12 Oct 2007. 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 |
---|---|
£275,000 | 12 Oct 2007 |
£216,750 | 22 Sep 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £275,000 results in an estimated price of approximately £427,551.
12 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £275,000 | £152,551 | £427,551 |
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 | 13.369 % | £36,764 | £311,764 |
3 Month Average | 28.125 % | £77,343 | £352,343 |
6 Month Average | 58.358 % | £160,485 | £435,485 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £446,612 | £440,000 | FLAT 25 TEMPLE COURT, 52 RECTORY SQUARE |
24 Nov 2023 | £710,519 | £700,000 | 30 RECTORY SQUARE |
4 Jan 2023 | £363,289 | £365,000 | FLAT 24 TEMPLE COURT, 52 RECTORY SQUARE |
1 Nov 2022 | £528,597 | £535,000 | FLAT 4 MILROOD HOUSE STEPNEY GREEN |
12 Sep 2022 | £515,834 | £520,000 | FLAT 28 TEMPLE COURT, 52 RECTORY SQUARE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 26 Aug 2021. Using an estimated price of £427,552 means this house is valued at £6,287 per sq meter (£584 per sq foot).
The average size of a house on RECTORY SQUARE is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rectory Square |