£534,597
This estimated value is based upon the latest sale price for the house of £320,000 on 19 Nov 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Wapping High Street, Wapping, London, E1W 1LS
Phone: 02081158064
| Price Paid | Date |
|---|---|
| £320,000 | 19 Nov 2012 |
| £249,950 | 5 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 509 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 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.062%.Applying this 67.062% change to the original purchase price of £320,000 results in an estimated price of approximately £534,597.
| 19 Nov 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 146.7 | 67.062 % | £320,000 | £214,597 | £534,597 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | 38.854 % | £124,333 | £444,333 |
| 3 Month Average | 65.990 % | £211,169 | £531,169 |
| 6 Month Average | 59.342 % | £189,895 | £509,895 |
This house has a floor area of 47 sq meters or 509 sq feet when measured on 14 Feb 2011.
The average size of a house on EAST LANE is 60 sq meters (652 sq feet).