£928,967
This estimated value is based upon the latest sale price for the house of £420,000 on 26 Nov 2003. 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 |
|---|---|
| £420,000 | 26 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 855 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 November 2003 the House Price Index for GREATER LONDON was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £420,000 results in an estimated price of approximately £928,967.
| 26 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £420,000 | £508,967 | £928,967 |
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 | 125.847 % | £528,556 | £948,556 |
| 3 Month Average | 159.986 % | £671,942 | £1,091,942 |
| 6 Month Average | 140.015 % | £588,062 | £1,008,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £412,212 | £405,000 | FLAT 42 MERIDIAN COURT, 9 CHAMBERS STREET |
| 1 Sep 2023 | £531,800 | £525,000 | FLAT 6 MERIDIAN COURT, 3 EAST LANE |
| 16 Jan 2023 | £1,219,257 | £1,225,000 | FLAT 39 LUNA HOUSE, 37 BERMONDSEY WALL WEST |
| 29 Jun 2021 | £509,639 | £475,000 | FLAT 46 LUNA HOUSE, 37 BERMONDSEY WALL WEST |
| 4 Oct 2019 | £2,084,749 | £1,700,000 | FLAT 7 TEMPUS WHARF, 29 BERMONDSEY WALL WEST |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 2 Sep 2010. Using an estimated price of £928,968 means this house is valued at £11,683 per sq meter (£1,085 per sq foot).
The average size of a house on BERMONDSEY WALL WEST is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Flockton Street | |
| Jan 2024 | Anti-social behaviour | On or near Flockton Street | |
| Jan 2024 | Anti-social behaviour | On or near Flockton Street | |
| Dec 2023 | Other theft | Under investigation | On or near Flockton Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Flockton Street |