£199,999
This estimated value is based upon the latest sale price for the house of £35,000 on 5 Jan 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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380 Commercial Road, London, E1 0LB
Phone: 02036412595
| Price Paid | Date |
|---|---|
| £35,000 | 5 Jan 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 January 1996 the House Price Index for GREATER LONDON was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £35,000 results in an estimated price of approximately £199,999.
| 5 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 471.427 % | £35,000 | £164,999 | £199,999 |
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 | 685.693 % | £239,992 | £274,992 |
| 3 Month Average | 660.065 % | £231,022 | £266,022 |
| 6 Month Average | 593.801 % | £207,830 | £242,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £378,599 | £370,000 | FLAT 15 222 STEPNEY WAY |
| 15 Sep 2023 | £354,648 | £346,830 | FLAT 27 224 STEPNEY WAY |
| 8 Sep 2023 | £329,769 | £322,500 | FLAT 10 222 STEPNEY WAY |
| 21 Aug 2023 | £106,929 | £105,000 | FLAT 3 224 STEPNEY WAY |
| 26 Jun 2023 | £280,624 | £275,000 | FLAT 16 224 STEPNEY WAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 3 Mar 2021. Using an estimated price of £199,999 means this house is valued at £3,448 per sq meter (£320 per sq foot).
The average size of a house on STEPNEY WAY is 63 sq meters (681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stepney Way |
| Apr 2024 | Other theft | Under investigation | On or near Stepney Way |
| Apr 2024 | Other theft | Under investigation | On or near Stepney Way |
| Apr 2024 | Anti-social behaviour | On or near Jamaica Street | |
| Apr 2024 | Anti-social behaviour | On or near Jamaica Street |