£426,487
This estimated value is based upon the latest sale price for the house of £397,500 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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121 Wapping High Street, London, E1W 2NX
Phone: 02081151251
Price Paid | Date |
---|---|
£397,500 | 28 Jun 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £397,500 results in an estimated price of approximately £426,487.
28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £397,500 | £28,987 | £426,487 |
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 | -5.321 % | £-21,152 | £376,347 |
3 Month Average | 13.680 % | £54,379 | £451,879 |
6 Month Average | 43.213 % | £171,772 | £569,272 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Dec 2021 | £8,035,329 | £7,500,000 | 70 WAPPING LANE |
29 Jun 2021 | £466,722 | £435,000 | FLAT 5 TASMAN HOUSE CLEGG STREET |
28 Jun 2021 | £426,487 | £397,500 | FLAT 7 WELSH HOUSE WAPPING LANE |
28 Jun 2021 | £474,769 | £442,500 | FLAT 10 FENNER HOUSE WATTS STREET |
21 Dec 2020 | £1,190,753 | £1,037,500 | FLAT 3A GULLIVERS WHARF, 105 WAPPING LANE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 5 Mar 2021. Using an estimated price of £426,487 means this house is valued at £6,991 per sq meter (£649 per sq foot).
The average size of a house on WAPPING LANE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near Clegg Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Clegg Street |
Apr 2024 | Shoplifting | Under investigation | On or near Brewhouse Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Brewhouse Lane |
Apr 2024 | Shoplifting | Under investigation | On or near Brewhouse Lane |