£245,092
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Feb 2005. 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 |
---|---|
£130,000 | 28 Feb 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £130,000 results in an estimated price of approximately £245,092.
28 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 149.7 | 88.533 % | £130,000 | £115,092 | £245,092 |
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 | 156.228 % | £203,096 | £333,096 |
3 Month Average | 168.981 % | £219,675 | £349,675 |
6 Month Average | 165.230 % | £214,799 | £344,799 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2023 | £286,502 | £279,995 | GROUND FLOOR AND BASEMENT 193 - 197 MILE END ROAD |
25 Aug 2023 | £399,200 | £392,000 | FLAT 2 BISCAY HOUSE MILE END ROAD |
7 Aug 2023 | £916,531 | £900,000 | 16 MILE END PLACE |
28 Mar 2023 | £864,436 | £850,000 | 13 MILE END PLACE |
16 Aug 2022 | £848,970 | £845,000 | 9 MILE END PLACE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 23 Jul 2012. Using an estimated price of £245,093 means this house is valued at £4,538 per sq meter (£421 per sq foot).
The average size of a house on MILE END ROAD is 65 sq meters (705 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Under investigation | On or near Supermarket |
Apr 2024 | Theft from the person | Under investigation | On or near Supermarket |
Apr 2024 | Robbery | Under investigation | On or near Supermarket |
Apr 2024 | Other theft | Under investigation | On or near Supermarket |
Apr 2024 | Other crime | Under investigation | On or near Supermarket |