£702,358
This estimated value is based upon the latest sale price for the house of £575,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Wapping Wall, London, E1W 3ST
Phone: 02036415237
Price Paid | Date |
---|---|
£575,000 | 1 Nov 2019 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £575,000 results in an estimated price of approximately £702,358.
1 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.0 | 22.149 % | £575,000 | £127,358 | £702,358 |
The Postcode Pricing Model uses changes in average sales price within the E1W postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -8.710 % | £-50,084 | £524,915 |
3 Month Average | -0.541 % | £-3,111 | £571,888 |
6 Month Average | 34.800 % | £200,097 | £775,097 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £372,264 | £370,000 | 9 RUM CLOSE |
21 Jul 2023 | £691,542 | £685,000 | 12 RUM CLOSE |
5 Jan 2023 | £480,777 | £485,000 | FLAT 305 RIVERSIDE MANSIONS MILK YARD |
15 Nov 2021 | £351,532 | £326,355 | 27 RUM CLOSE |
29 Sep 2021 | £1,143,002 | £1,065,000 | 47 GARNET STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Aug 2019. Using an estimated price of £702,359 means this house is valued at £8,779 per sq meter (£815 per sq foot).
The average size of a house on WINE CLOSE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Garnet Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Garnet Street |
Apr 2024 | Anti-social behaviour | On or near Wine Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wine Close |
Feb 2024 | Anti-social behaviour | On or near Wine Close |