£412,453
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Aug 2005. 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 |
|---|---|
| £225,000 | 17 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 August 2005 the House Price Index for GREATER LONDON was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £225,000 results in an estimated price of approximately £412,453.
| 17 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £225,000 | £187,453 | £412,453 |
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 | 94.343 % | £212,272 | £437,272 |
| 3 Month Average | 127.259 % | £286,333 | £511,333 |
| 6 Month Average | 114.283 % | £257,137 | £482,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £531,800 | £525,000 | FLAT 6 MERIDIAN COURT, 3 EAST LANE |
| 28 Jul 2023 | £998,438 | £985,000 | FLAT 32 AXIS COURT, 2 EAST LANE |
| 23 Jan 2023 | £676,812 | £680,000 | FLAT 14 AXIS COURT, 2 EAST LANE |
| 12 Jan 2023 | £477,750 | £480,000 | APARTMENT 14 22 CHAMBERS STREET |
| 22 Dec 2021 | £203,562 | £190,000 | 14 CHAMBERS STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 30 Sep 2019. Using an estimated price of £412,454 means this house is valued at £8,087 per sq meter (£751 per sq foot).
The average size of a house on CHAMBERS STREET is 64 sq meters (696 sq feet).