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Wapping House Prices

The average house price in Wapping is £957,800 using HM Land Registry data.

The average property price increased by £355,969 (56.93%) over the last 5 years and increased by £71,144 (7.82%) over the last 12 months.

Over the last year, there were 119 residential property sales – a decrease of 100 transactions (-84.03%) relative to the previous year. The majority of house sales (37) were in the £360,000 - £546,000 range. Then came properties in the £546,000 - £732,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,555 (-2%).

In April 2024, there were 59 new estate agency instructions, 19 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in Wapping

56.93%

Property prices in Wapping increased by 56.93% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Wapping Over the Last Year

7.82%

Property prices in Wapping increased by 7.82% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Wapping - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Wapping

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Wapping

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Wapping

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Wapping since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Wapping area since 1995.

Recent Property Sales in Wapping

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
25 Benson Quay, London, Greater London, E1W 3TR	£850,000	£820,000	-£30,000	21 Jul 2023	05 Feb 2024	199 Days
Flat 57, China Court, Asher Way, London, Greater London, E1W 2JF	£700,000	£660,000	-£40,000	30 Jun 2023	17 Nov 2023	140 Days
Flat 115, Riverside Mansions, Milk Yard, London, Greater London, E1W 3TA	£575,000	£575,000	£00	30 May 2023	01 Nov 2023	155 Days
2 Brewhouse Lane, London, Greater London, E1W 2NS	£625,000	£615,000	-£10,000	07 Aug 2023	26 Oct 2023	80 Days
71 Discovery Walk, London, Greater London, E1W 2JG	£600,000	£565,000	-£35,000	15 Jun 2023	18 Oct 2023	125 Days
Flat 19, Reardon House, Reardon Street, London, Greater London, E1W 2QJ	£375,000	£375,000	£00	19 Apr 2023	13 Oct 2023	177 Days
32 Maynards Quay, London, Greater London, E1W 3RY	£725,000	£715,000	-£10,000	05 Jul 2023	13 Oct 2023	100 Days
61 Waterman Way, London, Greater London, E1W 2QW	£325,000	£315,000	-£10,000	07 Oct 2022	15 Sep 2023	343 Days
Flat 34, Tradewinds Court, Asher Way, London, Greater London, E1W 2JB	£460,000	£450,000	-£10,000	05 May 2023	15 Sep 2023	133 Days
Flat 7, Hermitage Court, Knighten Street, London, Greater London, E1W 1PW	£900,000	£850,000	-£50,000	03 Feb 2023	15 Sep 2023	224 Days
Flat 27, Doughty Court, Prusom Street, London, Greater London, E1W 3RT	£475,000	£440,000	-£35,000	30 Jan 2023	14 Sep 2023	227 Days
Flat 10a, Whitethorn House, Prusom Street, London, Greater London, E1W 3NP	£325,000	£317,000	-£8,000	12 Apr 2023	05 Sep 2023	146 Days
23 Rum Close, London, Greater London, E1W 3QX	£450,000	£450,000	£00	30 Jun 2022	01 Sep 2023	428 Days
Flat 5, Wainwright House, Garnet Street, London, Greater London, E1W 3RA	£350,000	£340,000	-£10,000	09 Jan 2023	01 Sep 2023	235 Days
Flat 98, Matilda House, St Katharines Way, London, Greater London, E1W 1LG	£425,000	£390,000	-£35,000	02 Jun 2023	31 Aug 2023	90 Days
9 Rum Close, London, Greater London, E1W 3QX	£385,000	£370,000	-£15,000	17 Apr 2023	30 Aug 2023	135 Days
9 Codling Close, London, Greater London, E1W 2UX	£720,000	£705,000	-£15,000	24 Apr 2023	03 Aug 2023	101 Days
Flat 102, Riverside Mansions, Milk Yard, London, Greater London, E1W 3TB	£550,000	£527,000	-£23,000	15 Sep 2022	28 Jul 2023	316 Days
9 Discovery Walk, London, Greater London, E1W 2JG	£575,000	£567,500	-£7,500	02 May 2023	21 Jul 2023	80 Days
29 Torrington Place, London, Greater London, E1W 2UY	£875,000	£855,000	-£20,000	05 Oct 2022	15 Jun 2023	253 Days

Most Expensive Streets in Wapping

Postcode	Street	Area	Average	No. of Sales
E1W 2PJ	Olivers Wharf	London	£2,483,333	3
E1W 1AJ	Sanderling Lodge	Star Place	£2,077,500	4
E1W 1AT	Ivory House	East Smithfield	£1,945,000	5
E1W 1NG	Wapping High Street	London	£1,569,500	5
E1W 2AX	Gauging Square	London	£1,550,812	59
E1W 3TH	Wapping Wall	London	£1,540,000	3
E1W 2AG	Vaughan Way	London	£1,481,487	4
E1W 1NJ	Wapping High Street	London	£1,430,000	4
E1W 3PQ	Wapping High Street	London	£1,388,000	5
E1W 3SL	Wapping Wall	London	£1,288,333	3

Least Expensive Streets in Wapping

Postcode	Street	Area	Average	No. of Sales
E1W 3NP	Whitethorn House	Prusom Street, London	£348,400	5
E1W 3NN	Hilliard House	Prusom Street, London	£348,768	4
E1W 3RA	Wainwright House	Garnet Street, London	£355,000	3
E1W 3RE	Penang Street	London	£358,666	3
E1W 2QJ	Reardon House	Reardon Street, London	£363,714	7
E1W 3AS	Cobblestone Square	London	£392,937	4
E1W 3QX	Rum Close	London	£399,636	7
E1W 2JG	Discovery Walk	London	£402,083	9
E1W 2RG	Wapping Lane	London	£410,583	3
E1W 1LN	Orton Street	London	£416,666	3