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House Prices in E1W

The average house price in E1W (London) is £622,301 using HM Land Registry data.

The average property price increased by £295,348 (-25.52%) over the last 5 years and increased by £59,178 (-5.9%) over the last 12 months.

Over the last year, there were 107 residential property sales – a decrease of 58 transactions (-54.21%) relative to the previous year. The majority of house sales (29) were in the £360,000 - £522,000 range. Then came properties in the £522,000 - £684,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 123 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,555 (-2%).

In Oct 24, there were 50 new estate agency instructions, 26 agreed home sales and 42 property price reductions.

5-Year Average Property Prices in E1W (London)

-25.52%

Property prices in London decreased by -25.52% 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 E1W (London) Over the Last Year

-5.9%

Property prices in London decreased by -5.9% 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 E1W (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 E1W (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 E1W (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 E1W (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 E1W (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the E1W postcode area since 1995.

Recent Sales in E1W (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 10, Leeward Court, Asher Way, London, Greater London, E1W 2JY	£500,000	£475,000	-£25,000	19 Jul 2024	02 Aug 2024	14 Days
20 Cape Yard, London, Greater London, E1W 2JU	£575,000	£575,000	£00	30 Jan 2024	22 Jul 2024	174 Days
Flat 25, Whitethorn House, Prusom Street, London, Greater London, E1W 3NP	£425,000	£425,000	£00	11 Jan 2024	28 Jun 2024	169 Days
Flat 213, Riverside Mansions, Milk Yard, London, Greater London, E1W 3TA	£575,000	£570,000	-£5,000	20 Oct 2023	27 Jun 2024	251 Days
Flat 19, Penang House, Prusom Street, London, Greater London, E1W 3RF	£400,000	£385,000	-£15,000	23 Jan 2024	10 Jun 2024	139 Days
Flat 148, Riverside Mansions, Milk Yard, London, Greater London, E1W 3SU	£575,000	£554,000	-£21,000	30 Nov 2023	16 May 2024	168 Days
28 Benson Quay, London, Greater London, E1W 3TR	£1,000,000	£985,000	-£15,000	04 Nov 2023	25 Mar 2024	142 Days
18 Codling Close, London, Greater London, E1W 2UX	£575,000	£450,000	-£125,000	22 Jan 2024	15 Mar 2024	53 Days
Flat 8, Frobisher House, Watts Street, London, Greater London, E1W 2PZ	£359,000	£350,000	-£9,000	12 Feb 2024	06 Mar 2024	23 Days
11 Rum Close, London, Greater London, E1W 3QX	£800,000	£755,000	-£45,000	06 Sep 2023	01 Mar 2024	177 Days
Flat 113, Matilda House, St Katharines Way, London, Greater London, E1W 1LF	£425,000	£402,000	-£23,000	22 Sep 2023	28 Feb 2024	159 Days
25 Benson Quay, London, Greater London, E1W 3TR	£850,000	£820,000	-£30,000	21 Jul 2023	05 Feb 2024	199 Days
49 Discovery Walk, London, Greater London, E1W 2JG	£400,000	£397,500	-£2,500	05 Aug 2023	08 Jan 2024	156 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
81 Waterman Way, London, Greater London, E1W 2QW	£725,000	£710,000	-£15,000	07 Feb 2023	19 Oct 2023	254 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

Most Expensive Streets in E1W (London)

Postcode	Street	Area	Average	No. of Sales
E1W 2PJ	Olivers Wharf	London	£2,483,333	3
E1W 1AJ	Sanderling Lodge, Star Place	London	£2,077,500	4
E1W 1AT	Ivory House, East Smithfield	London	£1,945,000	5
E1W 1AE	Turnstone House, Star Place	London	£1,606,666	3
E1W 1NG	Wapping High Street	London	£1,569,500	5
E1W 2AX	Gauging Square	London	£1,536,153	60
E1W 1NJ	Wapping High Street	London	£1,430,000	4
E1W 3PQ	Wapping High Street	London	£1,388,000	5
E1W 2AG	Vaughan Way	London	£1,280,158	6
E1W 1AQ	Merganser Court, Star Place	London	£1,268,000	5

Least Expensive Streets in E1W (London)

Postcode	Street	Area	Average	No. of Sales
E1W 3AX	Glasshouse Fields	London	£203,366	3
E1W 2QJ	Reardon House, Reardon Street, London	London	£363,714	7
E1W 3EL	Roslin House, Brodlove Lane	London	£365,000	3
E1W 3NP	Whitethorn House, Prusom Street, London	London	£381,400	5
E1W 2JG	Discovery Walk	London	£390,694	9
E1W 2RG	Wapping Lane	London	£397,950	5
E1W 3TX	New Crane Place	London	£398,333	3
E1W 3WF	Jardine Road	London	£410,062	8
E1W 3AS	Cobblestone Square	London	£416,250	3
E1W 1LN	Orton Street	London	£416,666	3