You are here: Property Solvers Home Homeowners Hub London House Prices House Prices in Custom House

Custom House House Prices

The average house price in Custom House is £350,937 using HM Land Registry data.

The average property price increased by £26,559 (7.42%) over the last 5 years and increased by £5,310 (1.4%) over the last 12 months.

Over the last year, there were 58 residential property sales – a decrease of 17 transactions (-29.31%) relative to the previous year. The majority of house sales (16) were in the £388,000 - £434,000 range. Then came properties in the £250,000 - £296,000 range, where 11 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 £-15,285 (-2%).

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

5-Year Average Property Prices in Custom House

7.42%

Property prices in Custom House increased by 7.42% 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 Custom House Over the Last Year

1.4%

Property prices in Custom House increased by 1.4% 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 Custom House - 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 Custom House

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 Custom House

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 Custom House

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 Custom House since 1995

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

Recent Property Sales in Custom House

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
445 Prince Regent Lane, Plaistow, London, Greater London, E16 3HX	£500,000	£450,000	-£50,000	06 Mar 2023	31 May 2024	452 Days
5 Randolph Approach, London, Greater London, E16 3HU	£380,000	£380,000	£00	20 Nov 2023	24 May 2024	186 Days
77 Fulmer Road, London, Greater London, E16 3TE	£549,995	£540,000	-£9,995	17 Oct 2023	12 Apr 2024	178 Days
8 Widgeon Close, London, Greater London, E16 3EF	£385,000	£380,000	-£5,000	23 Aug 2023	15 Mar 2024	205 Days
61 Charford Road, London, Greater London, E16 1QQ	£430,000	£430,000	£00	29 Nov 2023	08 Mar 2024	100 Days
19 Alestan Beck Road, London, Greater London, E16 3TW	£315,000	£310,000	-£5,000	19 Sep 2023	26 Feb 2024	160 Days
4 Widgeon Close, London, Greater London, E16 3EF	£400,000	£305,000	-£95,000	26 Jan 2017	23 Feb 2024	2584 Days
29 Richard House Drive, London, Greater London, E16 3RE	£440,000	£425,000	-£15,000	22 Aug 2023	08 Feb 2024	170 Days
11 Pheasant Close, London, Greater London, E16 3EE	£250,000	£250,000	£00	24 Aug 2023	18 Dec 2023	116 Days
2 Hogarth Close, London, Greater London, E16 3SR	£400,000	£393,000	-£7,000	19 Sep 2023	12 Dec 2023	84 Days
22 Alestan Beck Road, London, Greater London, E16 3TW	£315,000	£310,000	-£5,000	08 Aug 2023	08 Dec 2023	122 Days
4 Broadgate Road, London, Greater London, E16 3TL	£500,000	£490,000	-£10,000	28 Apr 2023	22 Sep 2023	147 Days
12 Lambert Road, London, Greater London, E16 3NN	£415,000	£390,000	-£25,000	12 Apr 2023	31 Aug 2023	141 Days
2 Heathfield Close, London, Greater London, E16 3SS	£475,000	£472,000	-£3,000	24 Aug 2022	19 Jun 2023	299 Days
Flat 27, Manchester Court, Garvary Road, London, Greater London, E16 3GZ	£325,000	£290,000	-£35,000	12 Oct 2022	12 Apr 2023	182 Days
23 Hickman Close, London, Greater London, E16 3TA	£425,000	£405,000	-£20,000	02 Jul 2022	30 Mar 2023	271 Days
70 Croombs Road, London, Greater London, E16 3RZ	£500,000	£475,000	-£25,000	03 Oct 2022	27 Mar 2023	175 Days
1 Jade Close, London, Greater London, E16 3TY	£275,000	£272,000	-£3,000	17 Oct 2022	17 Mar 2023	151 Days
64 Varley Road, London, Greater London, E16 3NS	£395,000	£360,000	-£35,000	10 Nov 2022	09 Mar 2023	119 Days
7 Agate Close, London, Greater London, E16 3TU	£325,000	£315,000	-£10,000	11 Aug 2022	31 Jan 2023	173 Days

Most Expensive Streets in Custom House

Postcode	Street	Area	Average	No. of Sales
E16 3TN	High Meads Road	London	£511,666	3
E16 1QQ	Charford Road	London	£505,500	4
E16 1PE	South Molton Road	London	£503,750	4
E16 3TE	Fulmer Road	London	£500,000	3
E16 3TF	Fulmer Road	London	£479,285	7
E16 3DJ	Cundy Road	London	£477,250	4
E16 3AL	Murray Square	Custom House	£474,166	3
E16 3EY	Alnwick Road	London	£460,000	3
E16 3LY	Colman Road	London	£445,000	3
E16 3LJ	Sullivan Avenue	London	£435,000	3

Least Expensive Streets in Custom House

Postcode	Street	Area	Average	No. of Sales
E16 3SQ	Gadwall Close	London	£208,366	3
E16 3TZ	Jade Close	London	£241,833	6
E16 3TU	Agate Close	London	£282,500	4
E16 1XS	Edwin Street	London	£292,964	7
E16 3LN	Ridgwell Road	London	£297,666	3
E16 1FW	Hammersley Road	London	£298,875	4
E16 1RA	Hammersley Road	London	£301,350	7
E16 3TW	Alestan Beck Road	London	£301,750	4
E16 3TR	Jasper Road	London	£302,750	4
E16 1UF	Hammersley Road	London	£303,000	4