£416,376
This estimated value is based upon the latest sale price for the house of £249,950 on 13 Aug 2013. 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 |
|---|---|
| £249,950 | 13 Aug 2013 |
| Flats/Maisonettes |
| 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 August 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £249,950 results in an estimated price of approximately £416,376.
| 13 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £249,950 | £166,426 | £416,376 |
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 | 60.227 % | £150,536 | £400,486 |
| 3 Month Average | 31.876 % | £79,674 | £329,624 |
| 6 Month Average | 55.326 % | £138,288 | £388,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £464,266 | £450,000 | FLAT 18 HIERRO COURT, 17 BERMUDA WAY |
| 4 Oct 2023 | £567,898 | £555,000 | FLAT 16 HIERRO COURT, 17 BERMUDA WAY |
| 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 48 sq meters or 516 sq feet when measured on 26 Jun 2013. Using an estimated price of £416,377 means this house is valued at £8,674 per sq meter (£805 per sq foot).
The average size of a house on BERMUDA WAY is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alderney Road |
| Oct 2024 | Drugs | Local resolution | On or near Alderney Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Alderney Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alderney Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Alderney Road |