£893,824
This estimated value is based upon the latest sale price for the house of £585,000 on 1 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Wapping Wall, London, E1W 3ST
Phone: 02036415237
| Price Paid | Date |
|---|---|
| £585,000 | 1 Jul 2014 |
| £335,000 | 16 Jun 2011 |
| £283,500 | 17 Aug 2006 |
| £105,000 | 17 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 648 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 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £585,000 results in an estimated price of approximately £893,824.
| 1 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £585,000 | £308,824 | £893,824 |
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 | -40.449 % | £-236,628 | £348,371 |
| 3 Month Average | 18.563 % | £108,594 | £693,594 |
| 6 Month Average | 38.799 % | £226,971 | £811,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £481,152 | £475,000 | FLAT 32 4 NEW CRANE PLACE |
| 15 Sep 2023 | £587,512 | £580,000 | CAR PARKING SPACE 143 NEW CRANE WHARF NEW CRANE PLACE |
| 15 Sep 2023 | £587,512 | £580,000 | FLAT 7 NEW CRANE WHARF NEW CRANE PLACE |
| 1 Aug 2023 | £534,678 | £530,000 | FLAT 76 8 NEW CRANE PLACE |
| 7 Feb 2023 | £299,798 | £300,000 | FLAT 57 8 NEW CRANE PLACE |
This house has a floor area of 60 sq meters or 648 sq feet when measured on 29 Nov 2010. Using an estimated price of £893,824 means this house is valued at £14,832 per sq meter (£1,378 per sq foot).
The average size of a house on NEW CRANE PLACE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Wapping Wall |