£498,176
This estimated value is based upon the latest sale price for the house of £280,000 on 3 Mar 2006. 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 |
|---|---|
| £280,000 | 3 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 March 2006 the House Price Index for GREATER LONDON was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £280,000 results in an estimated price of approximately £498,176.
| 3 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £280,000 | £218,176 | £498,176 |
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 | 116.617 % | £326,526 | £606,526 |
| 3 Month Average | 144.686 % | £405,121 | £685,121 |
| 6 Month Average | 134.769 % | £377,354 | £657,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £565,691 | £557,000 | FLAT 702 SKETCH APARTMENTS, 42 WHITE HORSE LANE |
| 21 Dec 2023 | £531,327 | £515,000 | FLAT 3 41 WHITE HORSE LANE |
| 24 Nov 2023 | £718,232 | £700,000 | 30 RECTORY SQUARE |
| 25 Aug 2023 | £402,968 | £395,700 | FLAT 10 GALWAY HOUSE WHITE HORSE LANE |
| 14 Jun 2023 | £357,157 | £350,000 | FLAT 15 GALWAY HOUSE WHITE HORSE LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Jun 2014. Using an estimated price of £498,177 means this house is valued at £5,661 per sq meter (£525 per sq foot).
The average size of a house on RECTORY SQUARE is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Rectory Square |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Rectory Square |
| Apr 2024 | Anti-social behaviour | On or near Rectory Square | |
| Apr 2024 | Anti-social behaviour | On or near Rectory Square | |
| Apr 2024 | Anti-social behaviour | On or near Rectory Square |