Canary Wharf House Prices Canary Wharf House Prices

The average house price in Canary Wharf is £594,714 using HM Land Registry data.

The average property price increased by £131,307 (19.1%) over the last 5 years and increased by £26,250 (3.31%) over the last 12 months.

Over the last year, there were 231 residential property sales – a decrease of 134 transactions (-58.01%) relative to the previous year. The majority of house sales (55) were in the £360,000 - £484,000 range. Then came properties in the £484,000 - £608,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,921 (-2%).

In Oct 24, there were 93 new estate agency instructions, 27 agreed home sales and 85 property price reductions.

5-Year Average Property Prices in Canary Wharf

19.1%

Property prices in Canary Wharf increased by 19.1% 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 Canary Wharf Over the Last Year

3.31%

Property prices in Canary Wharf increased by 3.31% 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 Canary Wharf - 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 Canary Wharf

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 Canary Wharf

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 Canary Wharf

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 Canary Wharf since 1995

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

Recent Property Sales in Canary Wharf

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
35 Claire Place, London, Greater London, E14 8NJ£575,000£570,000-£5,00015 Mar 202405 Aug 2024143 Days
4 Claire Place, London, Greater London, E14 8NJ£400,000£400,000£0014 Sep 202310 Apr 2024209 Days
136 Alpha Grove, London, Greater London, E14 8PG£400,000£385,000-£15,00005 Sep 202328 Mar 2024205 Days
Flat 32, Gainsborough House, Cassilis Road, London, Greater London, E14 9LQ£350,000£336,000-£14,00013 Mar 202318 Mar 2024371 Days
Flat 72, Moore House, Cassilis Road, London, Greater London, E14 9LN£375,000£370,000-£5,00020 Jul 202315 Mar 2024239 Days
41 The Quarterdeck, London, Greater London, E14 8SH£425,000£395,000-£30,00012 Jun 202329 Feb 2024262 Days
27 Claire Place, London, Greater London, E14 8NJ£500,000£465,000-£35,00031 Oct 202223 Feb 2024480 Days
Flat 105, Gainsborough House, Cassilis Road, London, Greater London, E14 9LR£400,000£392,000-£8,00024 Aug 202329 Nov 202397 Days
34 Claire Place, London, Greater London, E14 8NJ£550,000£527,000-£23,00003 Feb 202303 Jul 2023150 Days
Flat 44, Gainsborough House, Cassilis Road, London, Greater London, E14 9LQ£370,000£360,000-£10,00006 Jan 202328 Jun 2023173 Days
Flat 20, Moore House, Cassilis Road, London, Greater London, E14 9LN£370,000£350,000-£20,00018 Aug 202210 Feb 2023176 Days
Flat 44, Turner House, Cassilis Road, London, Greater London, E14 9LJ£550,000£542,000-£8,00013 Sep 202203 Feb 2023143 Days
Flat 16, Turner House, Cassilis Road, London, Greater London, E14 9LJ£400,000£400,000£0013 Sep 202203 Feb 2023143 Days
Flat 121, Gainsborough House, Cassilis Road, London, Greater London, E14 9LR£400,000£388,000-£12,00010 Mar 202120 Jan 2023681 Days
Flat 30, Gainsborough House, Cassilis Road, London, Greater London, E14 9LQ£400,000£400,000£0006 Jun 202226 Sep 2022112 Days
Flat 8, Lowry House, Cassilis Road, London, Greater London, E14 9LL£385,000£365,000-£20,00026 Jan 202216 Aug 2022202 Days
Flat 48, Turner House, Cassilis Road, London, Greater London, E14 9LJ£425,000£400,000-£25,00028 Jan 202215 Jul 2022168 Days
Flat 96, Gainsborough House, Cassilis Road, London, Greater London, E14 9LQ£400,000£390,000-£10,00024 Jan 202201 Jul 2022158 Days
Flat 5, Alexander House, Tiller Road, London, Greater London, E14 8PT£375,000£373,600-£1,40009 Feb 202230 Jun 2022141 Days
Flat 20, Fairlead House, Cassilis Road, London, Greater London, E14 9LB£400,000£390,000-£10,00026 Jul 202107 Jun 2022316 Days

Most Expensive Streets in Canary Wharf

PostcodeStreetAreaAverageNo. of Sales
E14 9ZSMarsh WallLondon£1,605,65832
E14 9DDHarbour WayLondon£1,369,91318
E14 9JQMarsh WallLondon£1,204,30930
E14 9TTMarsh WallLondon£1,146,38656
E14 9ZDWards PlaceLondon£1,078,47634
E14 9QAMarsh WallLondon£1,034,29842
E14 9EJWards PlaceLondon£1,021,13954
E14 9GXMarsh WallLondon£999,15852
E14 9RWMarsh WallLondon£974,95258
E14 9PRMarsh WallLondon£972,90872

Least Expensive Streets in Canary Wharf

PostcodeStreetAreaAverageNo. of Sales
E14 9AEByng StreetLondon£222,0833
E14 9XSMastmaker RoadLondon£225,56734
E14 9DTMillharbourLondon£255,4287
E14 9AXMarsh WallLondon£304,09011
E14 9HAPan Peninsula SquareLondon£340,1663
E14 8PDCaravel CloseLondon£346,4684
E14 9DJMillharbourLondon£361,6669
E14 9DGIndescon SquareLondon£370,6427
E14 9JHLanterns WayLondon£371,0005
E14 9DRIndescon SquareLondon£396,72711

Explore Canary Wharf and Neighbouring Area House Prices