£683,051
This estimated value is based upon the latest sale price for the house of £435,000 on 17 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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121 Wapping High Street, London, E1W 2NX
Phone: 02081151251
| Price Paid | Date |
|---|---|
| £435,000 | 17 Jan 2008 |
| £228,500 | 31 May 2001 |
| £136,000 | 16 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 January 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £435,000 results in an estimated price of approximately £683,051.
| 17 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 149.7 | 57.023 % | £435,000 | £248,051 | £683,051 |
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 | 20.774 % | £90,365 | £525,365 |
| 3 Month Average | 21.226 % | £92,331 | £527,331 |
| 6 Month Average | 28.068 % | £122,096 | £557,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £644,304 | £640,000 | FLAT 11 GUN PLACE, 86 WAPPING LANE |
| 25 Jan 2023 | £576,540 | £575,000 | FLAT 44 GUN PLACE, 86 WAPPING LANE |
| 26 Aug 2022 | £552,584 | £550,000 | FLAT 41 GUN PLACE, 86 WAPPING LANE |
| 1 Mar 2022 | £767,291 | £735,000 | FLAT 27 GUN PLACE, 86 WAPPING LANE |
| 8 Feb 2022 | £528,229 | £500,000 | FLAT 42 GUN PLACE, 86 WAPPING LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 Aug 2011. Using an estimated price of £683,051 means this house is valued at £8,870 per sq meter (£824 per sq foot).
The average size of a house on WAPPING LANE is 77 sq meters (833 sq feet).