£775,425
This estimated value is based upon the latest sale price for the house of £452,000 on 6 Sep 2012. 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 |
|---|---|
| £452,000 | 6 Sep 2012 |
| £275,000 | 8 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 September 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £452,000 results in an estimated price of approximately £775,425.
| 6 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.554 % | £452,000 | £323,425 | £775,425 |
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 | 59.156 % | £267,387 | £719,387 |
| 3 Month Average | 24.334 % | £109,989 | £561,989 |
| 6 Month Average | 23.060 % | £104,231 | £556,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £480,000 | £480,000 | FLAT 75 8 NEW CRANE PLACE |
| 22 Sep 2023 | £485,707 | £475,000 | FLAT 32 4 NEW CRANE PLACE |
| 1 Aug 2023 | £539,735 | £530,000 | FLAT 76 8 NEW CRANE PLACE |
| 7 Feb 2023 | £302,017 | £300,000 | FLAT 57 8 NEW CRANE PLACE |
| 26 Oct 2022 | £803,317 | £806,000 | PARKING SPACE, 20 NEW CRANE PLACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 18 May 2012. Using an estimated price of £775,425 means this house is valued at £10,070 per sq meter (£935 per sq foot).
The average size of a house on NEW CRANE PLACE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near Wapping Wall | |
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Wapping Wall |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wapping Wall |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wapping Wall |