£351,228
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Sep 2007. 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 |
---|---|
£225,000 | 14 Sep 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £225,000 results in an estimated price of approximately £351,228.
14 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £225,000 | £126,228 | £351,228 |
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 | 11.019 % | £24,793 | £249,793 |
3 Month Average | 66.587 % | £149,821 | £374,821 |
6 Month Average | 70.602 % | £158,854 | £383,854 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £658,419 | £650,000 | FLAT 5 BALTIC COURT, 5 CLAVE STREET |
17 Feb 2023 | £829,442 | £830,000 | FLAT 9 BALTIC COURT, 5 CLAVE STREET |
12 Sep 2022 | £352,156 | £355,000 | FLAT 7 CARRONADE HOUSE, 121 WAPPING HIGH STREET |
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 |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 20 Mar 2016. Using an estimated price of £351,228 means this house is valued at £8,566 per sq meter (£795 per sq foot).
The average size of a house on CLEGG STREET is 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Clegg Street |
Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Clegg Street |
Jan 2024 | Drugs | Under investigation | On or near Cinnamon Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cinnamon Street |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cinnamon Street |