Drake House, Stepney Way - E1 3BE
Key Building Insights
Drake House, Stepney Way is a residential building situated on Stepney Way, London, E1 with 24 addresses.
It ranks as the 1910th largest and 448th most expensive of the 2,323 buildings in the E1 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 24 properties: 24 flats.
- Ave. Sale Price
- £311,221
- 10 Year change
- down 13.2%
- Ave. Rental Price
- £1,931pcm
- 10 Year change
- up 34.7%
- Ave. £ per ft²
- £523/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Building Insights
Drake House, Stepney Way is a residential building situated on Stepney Way, London, E1 with 24 addresses.
It ranks as the 1910th largest and 448th most expensive of the 2,323 buildings in the E1 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 24 properties: 24 flats.
- Ave. Sale Price
- £311,221
- 10 Year change
- down 13.2%
- Ave. Rental Price
- £1,931pcm
- 10 Year change
- up 34.7%
- Ave. £ per ft²
- £523/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertieson Stepney Way, London, E1
- Flat 1 Drake House
2 Bed Period Flat
- Flat 2 Drake House
2 Bed Period Flat
- Flat 3 Drake House
2 Bed Period Flat
- Flat 4 Drake House
2 Bed Period Flat
- Flat 5 Drake House
2 Bed Period Flat
Sales Market Trends
The last sale in Drake House, Stepney Way sold for £345,000 on 21st March 2025. Since then prices are down an average of 3.3%.
The current average value in the building is £311,221.
The Drake House, Stepney Way Sales Market has decreased by 13.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £311,221 |
| June 2025 | -0.8% | £319,891 |
| June 2024 | -0.6% | £322,534 |
| June 2023 | -2.2% | £324,538 |
| June 2022 | 2.6% | £331,712 |
| June 2021 | -4.4% | £323,397 |
| June 2020 | 2.1% | £338,161 |
| June 2019 | -2.6% | £331,347 |
| June 2018 | -4.7% | £340,225 |
| June 2017 | -0.4% | £357,035 |
| June 2016 | 8.2% | £358,587 |
| June 2015 | 10% | £331,350 |
| June 2014 | 26.7% | £301,266 |
| June 2013 | 5.1% | £237,779 |
| June 2012 | 6.7% | £226,250 |
| June 2011 | 1.6% | £212,082 |
| June 2010 | 5.8% | £208,739 |
| June 2009 | -10.2% | £197,218 |
| June 2008 | 7.7% | £219,624 |
| June 2007 | 0% | £203,965 |
Rental Market Trends
The current average rental value in the building is £1,931.
The Drake House, Stepney Way Rental Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,931pcm |
| June 2025 | 1.8% | £1,849pcm |
| June 2024 | 3.9% | £1,817pcm |
| June 2023 | 13.2% | £1,749pcm |
| June 2022 | 20.9% | £1,544pcm |
| June 2021 | -10.6% | £1,277pcm |
| June 2020 | 0.5% | £1,428pcm |
| June 2019 | 3.5% | £1,421pcm |
| June 2018 | -1.6% | £1,373pcm |
| June 2017 | -2.7% | £1,395pcm |
| June 2016 | 2.4% | £1,433pcm |
| June 2015 | 4.6% | £1,400pcm |
| June 2014 | 5.2% | £1,338pcm |
| June 2013 | -3.4% | £1,272pcm |
| June 2012 | 6.9% | £1,317pcm |
| June 2011 | 9.1% | £1,232pcm |
| June 2010 | 3.2% | £1,129pcm |
| June 2009 | -12% | £1,094pcm |
| June 2008 | 12.3% | £1,243pcm |
| June 2007 | 0% | £1,107pcm |
Sales History
The last sale was on 21st March 2025 for £345,000 and since then the market in the area has decreased by 3.3%. The building has had a total of 18 sales since 1995.
Drake House, Stepney Way, London, E1 3BE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£345,000 | 2 Bed FlatFlat 2, Drake House, Stepney Way, London, E1 3BEFlat 2, Drake House, Stepney Way, London, E1 3BE
- Sold Jul 2013£208,750 | 2 Bed FlatFlat 6, Drake House, Stepney Way, London, E1 3BEFlat 6, Drake House, Stepney Way, London, E1 3BE
- Sold Mar 2012£250,000 | 2 Bed FlatFlat 2, Drake House, Stepney Way, London, E1 3BEFlat 2, Drake House, Stepney Way, London, E1 3BE
- Sold Apr 2011£166,000 | 2 Bed FlatFlat 17, Drake House, Stepney Way, London, E1 3BEFlat 17, Drake House, Stepney Way, London, E1 3BE
- Sold Jan 2011£205,000 | 2 Bed FlatFlat 2, Drake House, Stepney Way, London, E1 3BEFlat 2, Drake House, Stepney Way, London, E1 3BE
Property Types
- 23 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (23)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (12)
- G (0)
- D (11)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jun 2017£2,230,000 | 3 Bed FlatFlat 1, 300, Stepney Way, London, E1 3DWFlat 1, 300, Stepney Way, London, E1 3DW
- Sold Sep 2020£810,449 | 3 Bed FlatFlat 8, 160, Stepney Way, London, E1 3GBFlat 8, 160, Stepney Way, London, E1 3GB
- Sold Dec 2020£780,000 | 3 Bed FlatFlat 9, 300, Stepney Way, London, E1 3DWFlat 9, 300, Stepney Way, London, E1 3DW
Schools Nearby
- Stepney Park Primary School300 m away
- St Mary and St Michael Primary School400 m away
- John Scurr Primary School500 m away
- Mulberry School for Girls500 m away
- Bishop Challoner Catholic School500 m away
- Wapping High School500 m away
More reading links
Public Transport Nearby
The closest station to Drake House, Stepney Way, London, E1 3BE is Stepney Green station, which is 600 metres away.
- Whitechapel|400 m away
- Shadwell|700 m away
