£355,541
This estimated value is based upon the latest sale price for the house of £291,100 on 31 Oct 2019. 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 |
|---|---|
| £291,100 | 31 Oct 2019 |
| Terraced |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £291,100 results in an estimated price of approximately £355,541.
| 31 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £291,100 | £64,441 | £355,541 |
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 | 9.902 % | £28,824 | £319,924 |
| 3 Month Average | -42.373 % | £-123,347 | £167,752 |
| 6 Month Average | -26.821 % | £-78,075 | £213,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £524,931 | £515,000 | FLAT 3 41 WHITE HORSE LANE |
| 28 Nov 2023 | £445,722 | £440,000 | FLAT 25 TEMPLE COURT, 52 RECTORY SQUARE |
| 24 Nov 2023 | £709,103 | £700,000 | 30 RECTORY SQUARE |
| 4 Jan 2023 | £361,822 | £365,000 | FLAT 24 TEMPLE COURT, 52 RECTORY SQUARE |
| 12 Sep 2022 | £513,752 | £520,000 | FLAT 28 TEMPLE COURT, 52 RECTORY SQUARE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 29 Aug 2014. Using an estimated price of £355,541 means this house is valued at £7,407 per sq meter (£688 per sq foot).
The average size of a house on RECTORY SQUARE is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near King John Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rectory Square |