£564,291
This estimated value is based upon the latest sale price for the house of £325,000 on 10 Nov 2011. 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 |
|---|---|
| £325,000 | 10 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 November 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £325,000 results in an estimated price of approximately £564,291.
| 10 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £325,000 | £239,291 | £564,291 |
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 | 61.097 % | £198,565 | £523,565 |
| 3 Month Average | 61.423 % | £199,625 | £524,625 |
| 6 Month Average | 62.946 % | £204,573 | £529,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £680,000 | £680,000 | 28 SHANDY STREET |
| 7 Sep 2023 | £347,664 | £340,000 | FLAT 8 PALLISER HOUSE ERNEST STREET |
| 13 Jan 2023 | £290,777 | £290,000 | 34 ERNEST STREET |
| 31 Oct 2022 | £598,003 | £600,000 | 11 SHANDY STREET |
| 22 Jul 2022 | £404,049 | £400,000 | FLAT 13 GENOA HOUSE ERNEST STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 2 Feb 2012. Using an estimated price of £564,292 means this house is valued at £5,878 per sq meter (£546 per sq foot).
The average size of a house on ERNEST STREET is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ernest Street |
| Oct 2024 | Anti-social behaviour | On or near Ernest Street | |
| Oct 2024 | Anti-social behaviour | On or near Ernest Street | |
| Oct 2024 | Anti-social behaviour | On or near Ernest Street | |
| Oct 2024 | Anti-social behaviour | On or near Ernest Street |