£1,672,707
This estimated value is based upon the latest sale price for the house of £720,000 on 4 Jul 2003. 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 |
|---|---|
| £720,000 | 4 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 113 sq meters or 1,216 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 2003 the House Price Index for GREATER LONDON was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £720,000 results in an estimated price of approximately £1,672,707.
| 4 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £720,000 | £952,707 | £1,672,707 |
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 | 101.164 % | £728,377 | £1,448,377 |
| 3 Month Average | 152.877 % | £1,100,714 | £1,820,714 |
| 6 Month Average | 143.833 % | £1,035,595 | £1,755,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £862,773 | £850,000 | FLAT 2D RIVER VIEW HEIGHTS, 27 BERMONDSEY WALL WEST |
| 15 Aug 2023 | £542,244 | £537,500 | FLAT 8 SPRINGVIEW HEIGHTS, 26 BERMONDSEY WALL WEST |
| 13 Apr 2022 | £532,921 | £517,500 | FLAT 4A RIVER VIEW HEIGHTS, 27 BERMONDSEY WALL WEST |
| 29 Nov 2021 | £946,325 | £875,000 | FLAT 6H RIVER VIEW HEIGHTS, 27 BERMONDSEY WALL WEST |
| 16 Jul 2021 | £864,247 | £752,000 | FLAT 1 SPRINGVIEW HEIGHTS, 26 BERMONDSEY WALL WEST |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 24 Jul 2019. Using an estimated price of £1,672,707 means this house is valued at £14,802 per sq meter (£1,375 per sq foot).
The average size of a house on BERMONDSEY WALL WEST is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Flockton Street | |
| Jan 2024 | Anti-social behaviour | On or near Flockton Street | |
| Jan 2024 | Anti-social behaviour | On or near Flockton Street | |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Flockton Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Flockton Street |