Stepney Green House Prices Stepney Green House Prices

The average house price in Stepney Green is £567,350 using HM Land Registry data.

The average property price increased by £22,858 (4.87%) over the last 5 years and increased by £4,568 (0.94%) over the last 12 months.

Over the last year, there were 93 residential property sales – a decrease of 37 transactions (-39.78%) relative to the previous year. The majority of house sales (31) were in the £270,000 - £372,000 range. Then came properties in the £372,000 - £474,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,472 (-3%).

In April 2024, there were 34 new estate agency instructions, 14 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in Stepney Green

4.87%

Property prices in Stepney Green increased by 4.87% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Stepney Green Over the Last Year

0.94%

Property prices in Stepney Green increased by 0.94% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Stepney Green - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Stepney Green

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Stepney Green

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Stepney Green

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Stepney Green since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Stepney Green area since 1995.

Recent Property Sales in Stepney Green

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 14, Hawke House, Ernest Street, London, Greater London, E1 4RF£350,000£299,000-£51,00024 Jan 202319 Jan 2024360 Days
30 Rectory Square, London, Greater London, E1 3NQ£750,000£700,000-£50,00011 Aug 202324 Nov 2023105 Days
Flat 19, James House, Solebay Street, Mile End, London, Greater London, E1 4PP£325,000£325,000£0003 Jul 202322 Nov 2023142 Days
9 West Arbour Street, London, Greater London, E1 0PQ£670,000£640,000-£30,00015 May 202327 Oct 2023165 Days
Flat 18, Kerry House, Sidney Street, London, Greater London, E1 3EL£275,000£267,000-£8,00021 Jan 202315 Sep 2023237 Days
26 Hannibal Road, London, Greater London, E1 3JD£800,000£775,000-£25,00001 Jun 202111 Aug 2023801 Days
21 Senrab Street, London, Greater London, E1 0QE£800,000£755,000-£45,00018 Apr 202304 Aug 2023108 Days
17 Senrab Street, London, Greater London, E1 0QE£850,000£825,000-£25,00001 Mar 202328 Jul 2023149 Days
1 Sidney Square, London, Greater London, E1 2EY£1,100,000£1,000,000-£100,00021 Jun 202205 May 2023318 Days
9 Matlock Street, London, Greater London, E14 7NN£850,000£840,000-£10,00005 Oct 202228 Apr 2023205 Days
Flat 7, Zion House, Jubilee Street, London, Greater London, E1 3EN£350,000£325,000-£25,00003 Jan 202314 Apr 2023101 Days
Flat 5, Le Moal House, Stepney Way, London, Greater London, E1 3HQ£440,000£390,000-£50,00004 Jan 202303 Apr 202389 Days
10 York Square, London, Greater London, E14 7LU£950,000£950,000£0004 Nov 202224 Mar 2023140 Days
Flat 33, Colverson House, Lindley Street, London, Greater London, E1 3BH£315,000£300,000-£15,00022 Nov 202223 Mar 2023121 Days
23 Louisa Street, London, Greater London, E1 4NF£800,000£740,000-£60,00022 Oct 202223 Mar 2023152 Days
Flat 49, Waterview House, Carr Street, London, Greater London, E14 7SX£230,000£220,000-£10,00011 Aug 202203 Mar 2023204 Days
Flat 5, Wingrad House, Jubilee Street, London, Greater London, E1 3BJ£350,000£350,000£0028 Jun 202202 Mar 2023247 Days
34 Cornwood Drive, London, Greater London, E1 0PN£289,000£285,000-£4,00013 Mar 202130 Jan 2023688 Days
26 Emmott Close, London, Greater London, E1 4QN£445,000£430,000-£15,00013 Sep 202220 Jan 2023129 Days
Flat 3, Addis House, Lindley Street, London, Greater London, E1 3AY£400,000£355,000-£45,00007 Jul 202212 Jan 2023189 Days

Most Expensive Streets in Stepney Green

PostcodeStreetAreaAverageNo. of Sales
E1 2EYSidney SquareLondon£1,151,0005
E1 0SHArbour SquareLondon£941,2504
E14 7LUYork SquareLondon£846,7504
E1 4NFLouisa StreetLondon£843,3333
E14 7NWBarnes StreetLondon£836,0005
E14 7NASalmon LaneLondon£827,6754
E1 0PUEast Arbour StreetLondon£812,3333
E14 7NNMatlock StreetLondon£781,2504
E14 7LSFlamborough StreetLondon£768,5004
E1 3HYJamaica StreetLondon£767,9663

Least Expensive Streets in Stepney Green

PostcodeStreetAreaAverageNo. of Sales
E1 4RWDuckett StreetLondon£187,0833
E1 0HJCommercial RoadLondon£236,4314
E1 3EZStepney WayLondon£236,43310
E1 4RUCandle StreetLondon£242,3754
E1 4SFCandle StreetLondon£262,4318
E14 7SXWaterview HouseCarr Street, London£262,6663
E1 4RHGalveston HouseHarford Street, London£275,6663
E1 4LDMile End RoadLondon£280,6254
E1 4RPCandle StreetLondon£295,2779
E1 3NWMasters StreetLondon£303,1663

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