£1,108,991
This estimated value is based upon the latest sale price for the house of £655,000 on 24 Feb 2012. 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 |
---|---|
£655,000 | 24 Feb 2012 |
£196,000 | 19 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 129 sq meters or 1,392 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 February 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.312%.Applying this 69.312% change to the original purchase price of £655,000 results in an estimated price of approximately £1,108,991.
24 Feb 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 146.7 | 69.312 % | £655,000 | £453,991 | £1,108,991 |
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 | -4.640 % | £-30,389 | £624,610 |
3 Month Average | 72.657 % | £475,903 | £1,130,903 |
6 Month Average | 73.953 % | £484,395 | £1,139,395 |
This house has a floor area of 129 sq meters or 1,392 sq feet when measured on 3 Jun 2011.
The average size of a house on BRIDEWELL PLACE is 75 sq meters (810 sq feet).
This house is the largest in the street with a floor area of 129 sq meters (1,392 sq feet).