£809,158
This estimated value is based upon the latest sale price for the house of £158,000 on 23 Jun 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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35a Wapping High Street, London, E1W 1NR
Phone: 02034639577
Price Paid | Date |
---|---|
£158,000 | 23 Jun 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 104 sq meters or 1,119 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 1997 the House Price Index for GREATER LONDON was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £158,000 results in an estimated price of approximately £809,158.
23 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 148.6 | 412.126 % | £158,000 | £651,158 | £809,158 |
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 | 230.328 % | £363,917 | £521,917 |
3 Month Average | 394.511 % | £623,327 | £781,327 |
6 Month Average | 405.143 % | £640,126 | £798,126 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £861,009 | £850,000 | FLAT 7 HERMITAGE COURT KNIGHTEN STREET |
2 Aug 2023 | £433,795 | £430,000 | FLAT 16 HERMITAGE COURT KNIGHTEN STREET |
10 Feb 2023 | £711,521 | £712,000 | FLAT 28 HERMITAGE COURT KNIGHTEN STREET |
28 Oct 2022 | £1,088,282 | £1,100,000 | FLAT 92 HERMITAGE COURT KNIGHTEN STREET |
28 Oct 2022 | £722,224 | £730,000 | FLAT 65 HERMITAGE COURT KNIGHTEN STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 14 Jan 2019. Using an estimated price of £809,159 means this house is valued at £7,780 per sq meter (£722 per sq foot).
The average size of a house on KNIGHTEN STREET is 89 sq meters (962 sq feet).