Stepney Green, London, E1

Street Guide For Stepney Green, London, E1

 
 

Stepney Green, London, E1 Map

Estimated Price: £591,916
Average Asking Price: £847,958
Price change in last one year: £64,446
Average Price Paid: £372,642
Average Rent Rates: £2,218

Samson Estate Agents
269-271 High Street, Stratford, London, E15-2TF

Free House valuation

 

Property Prices Breakdown in Stepney Green, London, E1

Average Price for property in Stepney Green, London, E1 is around £591,916 which varies based on type of property you are interested in and ranges from £1,915,425 for detached house to around £1,064,277 for semi-detached. Similarly terraced house is around £1,034,162 and a flat is worth £396,525. Values have been changing and have risen £5,657 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,525 in last 6 months, £64,446 in last 1 year, £115,302 in last 2 years, £138,224 in last 3 years, £141,170 in last 4 years and £146,461 in last 5 years.

Currently average asking price of a property in Stepney Green, London, E1 is around £847,958 based on approximately 2 properties for sale. Same is the case with rental options based on 1,264 properties up for rent, average asking rent is around £2,218 per month.

Estimated property value in Stepney Green, London, E1 is £591,916. Average asking price is £847,958 while average price paid is £291,499 which is up by £64,446 and Avg. asking rent £2,218.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Stepney Green, London, E1 area. In last 1 year alone average price buyer paid is around £291,499 based on approximately 2 sales in Stepney Green, London, E1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £497,121. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £372,642 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £352,020 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £586,557, £702,348 for a 2 bedroom house, £1,464,911 for a 3 bedroom house, £1,364,989 for a 4 bedroom house and £1,611,999 for a 5 bedroom house. For a flat similarly the prices varies from £599,401 for a single bedroom to £874,180 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,118,221, £678,564 for a 4 bedroom flat and £705,000 for a 5 bedroom flat. To sum up the asking prices for properties in Stepney Green, London, E1 it comes to around average £598,961 for 1 bedroom property, £863,179 for 2 bedroom, £1,149,520 for 3 bedroom, £1,064,678 for 4 bedroom and £1,208,888 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,330 for 1 bedroom to £4,085 for 2 bedrooms, £3,097 for 3 bedrooms, £3,446 for 4 bedrooms and £3,716 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,645. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,248, £3,131 for 3 bedroom, £3,265 for 4 bedroom and around £3,012 for 5 bedroom flat. You should be generally be expecting around average £1,621 rent per month for single bedroom property, £2,325 for 2 bedroom, £3,124 for 3 bedroom, £3,312 for 4 bedroom and approximately £3,481 for a 5 bedroom property in Stepney Green, London, E1 area.

Popular Houses in Stepney Green, London, E1

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Transportation in Stepney Green, London, E1

Areas in and around Stepney Green, London, E1