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House Prices in EC2A

The average house price in EC2A (London) is £0 using HM Land Registry data.

The average property price decreased by £520,064 (-207.11%) over the last 5 years and decreased by £104,204 (-14.07%) over the last 12 months.

Over the last year, there were 24 residential property sales – a decrease of 29 transactions (-120.83%) relative to the previous year. The majority of house sales (6) were in the £1,160,000 - £1,390,000 range. Then came properties in the £700,000 - £930,000 range, where 5 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 £0 (0%).

In Oct 24, there were 12 new estate agency instructions, 3 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in EC2A (London)

207.11%

Property prices in London increased by 207.11% 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 EC2A (London) Over the Last Year

14.07%

Property prices in London increased by 14.07% 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 EC2A (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 EC2A (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 EC2A (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 EC2A (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 EC2A (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EC2A postcode area since 1995.

Recent Sales in EC2A (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 27, Victoria Chambers, Paul Street, London, Greater London, EC2A 4ED	£380,000	£365,000	-£15,000	20 Oct 2023	09 Aug 2024	294 Days
Flat 28, Victoria Chambers, Paul Street, London, Greater London, EC2A 4ED	£425,000	£415,000	-£10,000	22 Sep 2023	23 Jan 2024	123 Days
Flat 17, Victoria Chambers, Luke Street, London, Greater London, EC2A 4EE	£450,000	£427,500	-£22,500	22 Mar 2022	27 Jul 2022	127 Days
61a, Rivington Street, London, Greater London, EC2A 3QQ	£995,000	£950,000	-£45,000	17 Aug 2020	26 Jan 2021	162 Days
Flat 7, Victoria Chambers, Luke Street, London, Greater London, EC2A 4EE	£435,000	£422,500	-£12,500	07 Feb 2019	30 Aug 2019	204 Days
24 Epworth Street, London, Greater London, EC2A 4DL	£2,500,000	£1,300,000	-£1,200,000	23 Sep 2016	21 Nov 2018	789 Days
Flat 18, Victoria Chambers, Luke Street, London, Greater London, EC2A 4EE	£450,000	£435,000	-£15,000	12 May 2017	28 Feb 2018	292 Days
Flat 16, Victoria Chambers, Luke Street, London, Greater London, EC2A 4EE	£450,000	£435,000	-£15,000	12 May 2017	08 Feb 2018	272 Days

Most Expensive Streets in EC2A (London)

Postcode	Street	Area	Average	No. of Sales
EC2A 2FG	Principal Place	London	£2,734,725	18
EC2A 2FF	Principal Place	London	£1,774,080	41
EC2A 2FE	Principal Place	London	£1,287,360	68
EC2A 4LE	City Lofts 112-116, Tabernacle Street, London	London	£1,231,250	4
EC2A 2FJ	Sun Street	London	£1,111,088	174
EC2A 4LX	Leonard Street	London	£1,091,250	4
EC2A 4BY	Leonard Street	London	£1,076,250	4
EC2A 4BY	Leonard Street	London	£1,076,250	4
EC2A 2FD	Principal Place	London	£1,064,347	71
EC2A 2FD	Principal Place	London	£1,064,347	71

Least Expensive Streets in EC2A (London)

Postcode	Street	Area	Average	No. of Sales
EC2A 4AN	Leonard Street	London	£348,500	3
EC2A 4ED	Victoria Chambers, Paul Street, London	London	£391,250	4
EC2A 3EU	Garden Walk	London	£614,000	4
EC2A 4PA	Christina Street	London	£663,666	3
EC2A 3HH	Batemans Row	London	£808,550	5
EC2A 3QR	Great Eastern Street	London	£967,000	3
EC2A 2FB	Principal Place	London	£996,559	63
EC2A 2FB	Principal Place	London	£996,559	63
EC2A 2AH	Worship Street	London	£1,063,750	4
EC2A 2AH	Worship Street	London	£1,063,750	4