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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 22, 224, Stepney Way is £358,251 and the estimated rental value is £2,166 per month.
The apartment is within 224, Stepney Way, London, E1.
Stepney Way, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 22, 224, Stepney Way has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 22, 224, Stepney Way is in very good condition we estimate a sale value of £376,164 and a rental value of £2,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,174 and a rental value of £2,014 per month.
Over the last 12 months the sale value of Flat 22 224 Stepney Way has decreased by an estimated £11,347 (3.2%) and its rental value has increased by an estimated £146 per month (6.7%), giving an expected gross yield of 7.3%.
Flat 22, 224, Stepney Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 22, 224, Stepney Way was last sold on 10th November 2006 for £223,081 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, 224, Stepney Way within a radius of 270 metres over the last 2 years.
The most recent example is Flat 13, 224, Stepney Way, London, E1 3EZ, a leasehold flat which sold for £385,000 on the 26th January 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets of properties similar to Flat 22, 224, Stepney Way within a radius of 270 metres over the last 2 years.
Most recently Flat 3, 50, Dunelm Street, London, E1 0QQ, a leasehold flat let by Fine Living in July 2025.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stepney Way, London, E1 has a total of 453 addresses. According to our analysis of all the public data, Flat 22, 224, Stepney Way is the 273rd largest and the 184th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in E1.
The closest station to Flat 22, 224, Stepney Way is Stepney Green station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 22, 224, Stepney Way, 40.4% of property is socially rented and 33.3% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 22, 224, Stepney Way, 27.3% of residents are recorded as possessing school level qualifications and 42.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 22, 224, Stepney Way, the average age was 33.6 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 22, 224, Stepney Way, 1.7% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 22, 224, Stepney Way, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.