£291,344
This estimated value is based upon the latest sale price for the house of £136,500 on 10 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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380 Commercial Road, London, E1 0LB
Phone: 02036412595
| Price Paid | Date |
|---|---|
| £136,500 | 10 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 February 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £136,500 results in an estimated price of approximately £291,344.
| 10 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £136,500 | £154,844 | £291,344 |
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 | 165.115 % | £225,381 | £361,881 |
| 3 Month Average | 184.485 % | £251,822 | £388,322 |
| 6 Month Average | 178.891 % | £244,185 | £380,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £380,698 | £369,000 | FLAT 3 PAYMAL HOUSE STEPNEY WAY |
| 19 Oct 2023 | £378,599 | £370,000 | FLAT 15 222 STEPNEY WAY |
| 15 Sep 2023 | £354,648 | £346,830 | FLAT 27 224 STEPNEY WAY |
| 8 Sep 2023 | £329,769 | £322,500 | FLAT 10 222 STEPNEY WAY |
| 21 Aug 2023 | £106,929 | £105,000 | FLAT 3 224 STEPNEY WAY |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 18 Apr 2019. Using an estimated price of £291,345 means this house is valued at £5,826 per sq meter (£541 per sq foot).
The average size of a house on JAMAICA STREET is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stepney Way |
| Apr 2024 | Other theft | Under investigation | On or near Stepney Way |
| Apr 2024 | Other theft | Under investigation | On or near Stepney Way |
| Apr 2024 | Burglary | Under investigation | On or near Aylward Street |
| Apr 2024 | Public order | Under investigation | On or near Aylward Street |