£724,066
This estimated value is based upon the latest sale price for the house of £280,000 on 28 Nov 2002. 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 |
---|---|
£280,000 | 28 Nov 2002 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 2002 the House Price Index for GREATER LONDON was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £280,000 results in an estimated price of approximately £724,066.
28 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 149.7 | 158.595 % | £280,000 | £444,066 | £724,066 |
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 | 64.009 % | £179,226 | £459,226 |
3 Month Average | 88.615 % | £248,122 | £528,122 |
6 Month Average | 111.604 % | £312,491 | £592,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Aug 2023 | £717,949 | £705,000 | 9 CODLING CLOSE |
18 Oct 2022 | £742,520 | £745,000 | 30 SPIRIT QUAY |
16 Nov 2021 | £708,188 | £650,000 | 7 DOUTHWAITE SQUARE |
11 Jun 2021 | £702,563 | £650,000 | 20 CODLING CLOSE |
14 Sep 2020 | £778,707 | £651,000 | 12 LIME CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 19 Apr 2016. Using an estimated price of £724,067 means this house is valued at £10,970 per sq meter (£1,019 per sq foot).
The average size of a house on CODLING CLOSE is 60 sq meters (649 sq feet).