£710,961
This estimated value is based upon the latest sale price for the house of £625,000 on 23 Apr 2021. 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 |
|---|---|
| £625,000 | 23 Apr 2021 |
| Terraced |
| Freehold |
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 April 2021 the House Price Index for GREATER LONDON was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £625,000 results in an estimated price of approximately £710,961.
| 23 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £625,000 | £85,961 | £710,961 |
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 | 28.229 % | £176,431 | £801,431 |
| 3 Month Average | 23.550 % | £147,189 | £772,189 |
| 6 Month Average | 11.510 % | £71,938 | £696,938 |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near A11 |
| Apr 2024 | Robbery | Under investigation | On or near A11 |