£503,023
This estimated value is based upon the latest sale price for the house of £270,000 on 13 May 2005. 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 |
|---|---|
| £270,000 | 13 May 2005 |
| £250,000 | 31 Jul 2002 |
| £125,000 | 12 Feb 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 May 2005 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £270,000 results in an estimated price of approximately £503,023.
| 13 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £270,000 | £233,023 | £503,023 |
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 | 47.694 % | £128,774 | £398,774 |
| 3 Month Average | 65.516 % | £176,894 | £446,894 |
| 6 Month Average | 89.842 % | £242,574 | £512,574 |
| 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 79 sq meters or 850 sq feet when measured on 20 Apr 2012. Using an estimated price of £503,023 means this house is valued at £6,367 per sq meter (£591 per sq foot).
The average size of a house on CODLING CLOSE is 60 sq meters (649 sq feet).