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Forest Gate House Prices

The average house price in Forest Gate is £485,150 using HM Land Registry data.

The average property price increased by £93,062 (19.36%) over the last 5 years and increased by £18,604 (3.35%) over the last 12 months.

Over the last year, there were 151 residential property sales – a decrease of 41 transactions (-27.15%) relative to the previous year. The majority of house sales (38) were in the £414,000 - £538,000 range. Then came properties in the £290,000 - £414,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 159 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,499 (-3%).

In Oct 24, there were 27 new estate agency instructions, 26 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in Forest Gate

19.36%

Property prices in Forest Gate increased by 19.36% 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 Forest Gate Over the Last Year

3.35%

Property prices in Forest Gate increased by 3.35% 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 Forest Gate - 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 Forest Gate

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 Forest Gate

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 Forest Gate

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 Forest Gate since 1995

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

Recent Property Sales in Forest Gate

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 Moore Walk, London, Greater London, E7 0HY	£475,000	£470,000	-£5,000	03 Apr 2023	07 Aug 2024	492 Days
27 Hampton Road, Forest Gate, London, Greater London, E7 0PD	£860,000	£855,000	-£5,000	16 Apr 2024	02 Aug 2024	108 Days
11 Disraeli Road, London, Greater London, E7 9JR	£1,150,000	£1,150,000	£00	10 Apr 2024	01 Aug 2024	113 Days
218 Osborne Road, Forest Gate, London, Greater London, E7 0PR	£1,100,000	£1,000,000	-£100,000	13 Mar 2024	29 Jul 2024	138 Days
59 Ridley Road, London, Greater London, E7 0LU	£900,000	£882,500	-£17,500	10 Jan 2024	08 Jul 2024	180 Days
111 Woodford Road, London, Greater London, E7 0DL	£900,000	£880,000	-£20,000	13 Feb 2024	14 Jun 2024	122 Days
77b, Clova Road, London, Greater London, E7 9AG	£375,000	£360,000	-£15,000	15 Jan 2024	29 May 2024	135 Days
79 Capel Road, London, Greater London, E7 0JR	£975,000	£975,000	£00	04 Oct 2023	05 Mar 2024	153 Days
26 Windsor Road, London, Greater London, E7 0QX	£445,000	£445,000	£00	07 Aug 2023	15 Dec 2023	130 Days
29 Forest Side, London, Greater London, E7 0JB	£555,000	£555,000	£00	07 Aug 2023	08 Dec 2023	123 Days
19 Holness Road, London, Greater London, E15 4EN	£450,000	£450,000	£00	20 Jun 2023	01 Dec 2023	164 Days
68 Tavistock Road, London, Greater London, E15 4EP	£475,000	£442,500	-£32,500	15 May 2023	13 Nov 2023	182 Days
27 Dean Street, London, Greater London, E7 9BJ	£475,000	£445,000	-£30,000	24 Apr 2023	26 Oct 2023	185 Days
25 Wyatt Road, London, Greater London, E7 9ND	£650,000	£650,000	£00	17 Apr 2023	29 Sep 2023	165 Days
251 Sprowston Mews, London, Greater London, E7 9AE	£975,000	£960,000	-£15,000	27 Feb 2023	29 Sep 2023	214 Days
84 Hampton Road, Forest Gate, London, Greater London, E7 0NU	£1,095,000	£974,500	-£120,500	20 Jan 2023	21 Sep 2023	244 Days
14 Hampton Road, Forest Gate, London, Greater London, E7 0PB	£1,195,000	£1,047,000	-£148,000	13 Sep 2023	21 Sep 2023	8 Days
50 Wellington Road, Forest Gate, London, Greater London, E7 9BU	£460,000	£450,000	-£10,000	07 Jul 2023	13 Sep 2023	68 Days
22 Mathews Park Avenue, London, Greater London, E15 4AE	£600,000	£600,000	£00	25 May 2023	18 Aug 2023	85 Days
51 Sebert Road, London, Greater London, E7 0NJ	£450,000	£440,000	-£10,000	10 Mar 2022	28 Jul 2023	505 Days

Most Expensive Streets in Forest Gate

Postcode	Street	Area	Average	No. of Sales
E7 0RA	Windsor Road	London	£1,245,000	4
E7 0QB	Claremont Road	London	£1,021,666	3
E7 0PR	Osborne Road	Forest Gate	£1,017,000	3
E7 0NU	Hampton Road	London	£913,142	7
E7 0NT	Hampton Road	London	£856,587	4
E7 0JD	Capel Road	London	£822,000	5
E7 0EE	Knighton Road	London	£787,960	5
E7 0LW	Godwin Road	London	£781,666	3
E7 0PB	Hampton Road	London	£763,166	3
E7 0JJ	Chestnut Avenue	London	£747,000	3

Least Expensive Streets in Forest Gate

Postcode	Street	Area	Average	No. of Sales
E15 4LB	Carnarvon Road	London	£238,541	6
E7 0QU	Point Terrace	London	£284,000	3
E7 0EB	Dames Road	London	£294,560	5
E7 9JU	Disraeli Road	London	£298,166	3
E7 9HJ	Romford Road	London	£299,250	4
E7 9DE	Magpie Close	London	£310,000	5
E15 4JF	Romford Road	Manor Park	£311,200	5
E15 4EJ	Romford Road	London	£320,300	10
E7 9AR	Earlham Grove	London	£324,625	4
E15 4HU	Onyx Mews	London	£326,000	5