£708,187
This estimated value is based upon the latest sale price for the house of £650,000 on 16 Nov 2021. 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 |
|---|---|
| £650,000 | 16 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £650,000 results in an estimated price of approximately £708,187.
| 16 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £650,000 | £58,187 | £708,187 |
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 | 0.234 % | £1,524 | £651,524 |
| 3 Month Average | -11.081 % | £-72,026 | £577,973 |
| 6 Month Average | 0.456 % | £2,966 | £652,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £717,949 | £705,000 | 9 CODLING CLOSE |
| 15 Jun 2023 | £872,485 | £855,000 | 29 TORRINGTON PLACE |
| 18 Oct 2022 | £742,520 | £745,000 | 30 SPIRIT QUAY |
| 14 Mar 2022 | £583,559 | £559,000 | 6 TORRINGTON PLACE |
| 16 Nov 2021 | £708,188 | £650,000 | 7 DOUTHWAITE SQUARE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Apr 2019. Using an estimated price of £708,188 means this house is valued at £10,569 per sq meter (£981 per sq foot).
The average size of a house on DOUTHWAITE SQUARE is 74 sq meters (796 sq feet).