£629,292
This estimated value is based upon the latest sale price for the house of £615,000 on 26 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
121 Wapping High Street, London, E1W 2NX
Phone: 02081151251
Price Paid | Date |
---|---|
£615,000 | 26 Oct 2023 |
£152,500 | 7 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £615,000 results in an estimated price of approximately £629,292.
26 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £615,000 | £14,292 | £629,292 |
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 | -28.226 % | £-173,588 | £441,411 |
3 Month Average | -15.258 % | £-93,835 | £521,164 |
6 Month Average | -2.482 % | £-15,263 | £599,736 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £629,293 | £615,000 | 2 BREWHOUSE LANE |
25 Jan 2023 | £576,540 | £575,000 | FLAT 44 GUN PLACE, 86 WAPPING LANE |
1 Mar 2022 | £767,291 | £735,000 | FLAT 27 GUN PLACE, 86 WAPPING LANE |
11 Feb 2022 | £522,946 | £495,000 | 5 BRIDEWELL PLACE |
8 Feb 2022 | £528,229 | £500,000 | FLAT 42 GUN PLACE, 86 WAPPING LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 29 Jun 2020. Using an estimated price of £629,293 means this house is valued at £9,988 per sq meter (£927 per sq foot).
The average size of a house on BREWHOUSE LANE is 84 sq meters (906 sq feet).