£441,235
This estimated value is based upon the latest sale price for the house of £347,500 on 18 Jul 2017. 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 |
|---|---|
| £347,500 | 18 Jul 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £347,500 results in an estimated price of approximately £441,235.
| 18 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £347,500 | £93,735 | £441,235 |
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 | 2.227 % | £7,740 | £355,240 |
| 3 Month Average | 28.287 % | £98,296 | £445,796 |
| 6 Month Average | 27.364 % | £95,089 | £442,589 |
| 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 Aug 2022 | £531,409 | £535,000 | 6 MAYNARDS QUAY |
| 25 Mar 2022 | £619,247 | £600,000 | 44 MAYNARDS QUAY |
| 15 Nov 2021 | £351,532 | £326,355 | 27 RUM CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 23 Apr 2013. Using an estimated price of £441,235 means this house is valued at £9,192 per sq meter (£854 per sq foot).
The average size of a house on RUM CLOSE is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Rum Close | |
| Jan 2024 | Anti-social behaviour | On or near Rum Close | |
| Jan 2024 | Anti-social behaviour | On or near Rum Close | |
| Jan 2024 | Anti-social behaviour | On or near Rum Close |