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Stepney Green House Prices

The average house price in Stepney Green is £511,500 using HM Land Registry data.

The average property price increased by £24,188 (5.12%) over the last 5 years and increased by £4,836 (0.98%) over the last 12 months.

Over the last year, there were 96 residential property sales – a decrease of 54 transactions (-56.25%) relative to the previous year. The majority of house sales (36) were in the £300,000 - £402,000 range. Then came properties in the £402,000 - £504,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,472 (-3%).

In Oct 24, there were 21 new estate agency instructions, 11 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in Stepney Green

5.12%

Property prices in Stepney Green increased by 5.12% 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

0.98%

Property prices in Stepney Green increased by 0.98% 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.

Property Market Heat Gauge for Stepney Green - Oct 24

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 5, Addis House, Lindley Street, London, Greater London, E1 3AY	£375,000	£370,000	-£5,000	12 Mar 2024	15 Aug 2024	156 Days
Flat 58, Dron House, Adelina Grove, London, Greater London, E1 3AB	£300,000	£280,000	-£20,000	25 Jun 2024	25 Jun 2024	0 Days
28 Shandy Street, London, Greater London, E1 4LX	£775,000	£680,000	-£95,000	11 Dec 2023	13 Jun 2024	185 Days
Flat 23, Burley House, Walter Terrace, London, Greater London, E1 0RG	£400,000	£397,500	-£2,500	25 Oct 2023	24 May 2024	212 Days
19 Bromley Street, London, Greater London, E1 0NB	£800,000	£800,000	£00	25 Oct 2023	22 Apr 2024	180 Days
Flat 24, Ansell House, Mile End Road, London, Greater London, E1 4UX	£300,000	£300,000	£00	30 May 2023	05 Apr 2024	311 Days
29 Stepney Green, London, Greater London, E1 3JX	£2,000,000	£1,825,000	-£175,000	15 Sep 2023	30 Jan 2024	137 Days
Flat 14, Hawke House, Ernest Street, London, Greater London, E1 4RF	£350,000	£299,000	-£51,000	24 Jan 2023	19 Jan 2024	360 Days
45 Musbury Street, London, Greater London, E1 0PJ	£325,000	£310,000	-£15,000	08 Aug 2023	03 Jan 2024	148 Days
30 Rectory Square, London, Greater London, E1 3NQ	£750,000	£700,000	-£50,000	11 Aug 2023	24 Nov 2023	105 Days
Flat 19, James House, Solebay Street, Mile End, London, Greater London, E1 4PP	£325,000	£325,000	£00	03 Jul 2023	22 Nov 2023	142 Days
48 Rectory Square, London, Greater London, E1 3NG	£750,000	£715,000	-£35,000	17 Sep 2023	03 Nov 2023	47 Days
9 West Arbour Street, London, Greater London, E1 0PQ	£670,000	£640,000	-£30,000	15 May 2023	27 Oct 2023	165 Days
Flat 18, Kerry House, Sidney Street, London, Greater London, E1 3EL	£275,000	£267,000	-£8,000	21 Jan 2023	15 Sep 2023	237 Days
Flat 10, Galway House, White Horse Lane, London, Greater London, E1 4LY	£400,000	£395,700	-£4,300	20 Jul 2023	25 Aug 2023	36 Days
26 Hannibal Road, London, Greater London, E1 3JD	£800,000	£775,000	-£25,000	01 Jun 2021	11 Aug 2023	801 Days
21 Senrab Street, London, Greater London, E1 0QE	£800,000	£755,000	-£45,000	18 Apr 2023	04 Aug 2023	108 Days
17 Senrab Street, London, Greater London, E1 0QE	£850,000	£825,000	-£25,000	01 Mar 2023	28 Jul 2023	149 Days
1 Sidney Square, London, Greater London, E1 2EY	£1,100,000	£1,000,000	-£100,000	21 Jun 2022	05 May 2023	318 Days
9 Matlock Street, London, Greater London, E14 7NN	£850,000	£840,000	-£10,000	05 Oct 2022	28 Apr 2023	205 Days

Most Expensive Streets in Stepney Green

Postcode	Street	Area	Average	No. of Sales
E1 3JX	Stepney Green	London	£1,661,000	3
E1 2EY	Sidney Square	London	£1,151,000	5
E1 0SH	Arbour Square	London	£941,250	4
E14 7LU	York Square	London	£846,750	4
E14 7NA	Salmon Lane	London	£845,140	5
E1 4NF	Louisa Street	London	£843,333	3
E14 7NW	Barnes Street	London	£841,250	4
E1 0PU	East Arbour Street	London	£812,333	3
E14 7NN	Matlock Street	London	£785,000	3
E14 7LS	Flamborough Street	London	£768,500	4

Least Expensive Streets in Stepney Green

Postcode	Street	Area	Average	No. of Sales
E1 0HJ	Commercial Road	London	£236,431	4
E1 3EZ	Stepney Way	London	£249,939	11
E14 7SX	Waterview House	Carr Street, London	£262,666	3
E1 4SF	Candle Street	London	£267,716	9
E14 7LQ	Frank Whipple Place	London	£274,916	3
E1 4RP	Candle Street	London	£299,166	9
E1 3NW	Masters Street	London	£303,166	3
E1 3EL	Kerry House	Sidney Street, London	£303,333	3
E1 3HP	Louise De Marillac House	Smithy Street, London	£304,333	3
E1 3ES	Woollon House	Clark Street, London	£313,666	3