House Prices in E16 House Prices in E16 (London)

The average house price in E16 (London) is £484,769 using HM Land Registry data.

The average property price decreased by £60,120 (-26.07%) over the last 5 years and decreased by £12,046 (-3.93%) over the last 12 months.

Over the last year, there were 305 residential property sales – a decrease of 87 transactions (-28.52%) relative to the previous year. The majority of house sales (64) were in the £398,000 - £462,000 range. Then came properties in the £334,000 - £398,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 153 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,875 (-5%).

In Oct 24, there were 217 new estate agency instructions, 55 agreed home sales and 142 property price reductions.

5-Year Average Property Prices in E16 (London)

26.07%

Property prices in London increased by 26.07% 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 E16 (London) Over the Last Year

3.93%

Property prices in London increased by 3.93% 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.

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).

Property Market Heat Gauge for E16 (London) - Oct 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 E16 (London)

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 E16 (London)

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 E16 (London)

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 E16 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the E16 postcode area since 1995.

Recent Sales in E16 (London)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Bernard Cassidy Street, London, Greater London, E16 4DB£460,000£455,000-£5,00011 Jun 202426 Jul 202445 Days
17 Hanover Avenue, London, Greater London, E16 1SD£395,000£395,000£0003 Jun 202424 Jul 202451 Days
445 Prince Regent Lane, Plaistow, London, Greater London, E16 3HX£500,000£450,000-£50,00006 Mar 202331 May 2024452 Days
5 Randolph Approach, London, Greater London, E16 3HU£380,000£380,000£0020 Nov 202324 May 2024186 Days
21 Gatcombe Road, London, Greater London, E16 1TB£450,000£415,000-£35,00014 Nov 202319 Apr 2024157 Days
77 Fulmer Road, London, Greater London, E16 3TE£549,995£540,000-£9,99517 Oct 202312 Apr 2024178 Days
Flat 18, Glen House, Storey Street, London, Greater London, E16 2LU£270,000£250,000-£20,00023 May 202305 Apr 2024318 Days
8 Widgeon Close, London, Greater London, E16 3EF£385,000£380,000-£5,00023 Aug 202315 Mar 2024205 Days
61 Charford Road, London, Greater London, E16 1QQ£430,000£430,000£0029 Nov 202308 Mar 2024100 Days
19 Alestan Beck Road, London, Greater London, E16 3TW£315,000£310,000-£5,00019 Sep 202326 Feb 2024160 Days
18 Edward Street, London, Greater London, E16 4DP£325,000£315,000-£10,00021 Jun 202323 Feb 2024247 Days
4 Widgeon Close, London, Greater London, E16 3EF£400,000£305,000-£95,00026 Jan 201723 Feb 20242584 Days
29 Richard House Drive, London, Greater London, E16 3RE£440,000£425,000-£15,00022 Aug 202308 Feb 2024170 Days
221 Wards Wharf Approach, London, Greater London, E16 2EQ£375,000£350,000-£25,00003 Nov 202324 Jan 202482 Days
31 Wards Wharf Approach, London, Greater London, E16 2EY£425,000£420,575-£4,42528 Jun 202310 Jan 2024196 Days
166 Barrier Point Road, London, Greater London, E16 2SE£550,000£515,000-£35,00025 Nov 202220 Dec 2023390 Days
21 Fendt Close, London, Greater London, E16 1LB£300,000£290,000-£10,00030 Sep 202220 Dec 2023446 Days
11 Pheasant Close, London, Greater London, E16 3EE£250,000£250,000£0024 Aug 202318 Dec 2023116 Days
61 Star Lane, London, Greater London, E16 4RF£380,000£375,000-£5,00026 Jul 202313 Dec 2023140 Days
2 Hogarth Close, London, Greater London, E16 3SR£400,000£393,000-£7,00019 Sep 202312 Dec 202384 Days

Most Expensive Streets in E16 (London)

PostcodeStreetAreaAverageNo. of Sales
E16 2PFStarboard WayLondon£930,0005
E16 2NZStarboard WayLondon£913,2818
E16 2SXCable StreetLondon£751,3577
E16 2PLAdmiralty AvenueLondon£717,50012
E16 2BNBonnet StreetLondon£680,88153
E16 1YYWestern GatewayLondon£666,0004
E16 2SJAdmiralty AvenueLondon£654,25020
E16 2PYAdmiralty AvenueLondon£643,7086
E16 2ALBonnet StreetLondon£642,85157
E16 2SGSchooner RoadLondon£629,89710

Least Expensive Streets in E16 (London)

PostcodeStreetAreaAverageNo. of Sales
E16 2FQDockside RoadLondon£134,5004
E16 3SQGadwall CloseLondon£208,3663
E16 1BHSeagull LaneLondon£239,2147
E16 2FSAgnes George WalkLondon£241,0003
E16 3TZJade CloseLondon£241,8336
E16 1AZSeagull LaneLondon£246,6663
E16 2RRFelixstowe CourtLondon£251,3889
E16 2TNCunningham AvenueLondon£254,6427
E16 4ALLing RoadLondon£256,2504
E16 4HHBarking RoadLondon£258,1254

Explore E16 (London) using map