The average property price in East London postcode area is £538k. The average price declined by £-6.9k (-1%) over the last twelve months. The price of an established property is £527k. The price of a newly built property is £618k. There were 8.3k property sales and sales dropped by 4.2% (-445 transactions). Most properties were sold in the £500k-£750k price range with 2446 (29.3%) properties sold, followed by £400k-£500k price range with 1998 (23.9%) properties sold.
East London postcode area | England and Wales |
|---|---|
£538kaverage property price | £337kaverage property price |
-1%average price percentage change | 1%average price percentage change |
£-6.9kaverage price change | £3.4kaverage price change |
This price map shows the average property price in a given postcode sector between April 2021 - March 2022. The most affordable place was 'E6 5' with the average price of £334k. The most expensive place was 'E1 6', £982k.
Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between April 2021 - March 2022 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.
Average price percentage changeWith the average price of £538k, East London is the 16. most pricey postcode area out of 105 England and Wales' postcode areas.
shows a number of properties sold in a given price range between April 2021 - March 2022.
| Property price range | Market share | Sales volumes |
|---|---|---|
| █ £50k-£100k | 0.1% | 9 |
| █ £100k-£150k | 0.7% | 61 |
| █ £150k-£200k | 1.5% | 125 |
| █ £200k-£250k | 3.6% | 304 |
| █ £250k-£300k | 6.4% | 538 |
| █ £300k-£400k | 19.6% | 1.6k |
| █ £400k-£500k | 23.9% | 2.0k |
| █ £500k-£750k | 29.3% | 2.4k |
| █ £750k-£1M | 9.7% | 807 |
| █ over £1M | 5.0% | 421 |
April 2021 - March 2022
April 2021 - March 2022
Yearly average nominal house prices adjusted for inflation.
Yearly average nominal prices compared to England & Wales' house prices
Yearly average nominal price per square meter compared to England & Wales' house prices
Yearly average nominal prices
Yearly average nominal prices
| Local authority | Median house price to median salary ratio in 2020 |
|---|---|
| England and Wales | 7.69 |
| Newham | 12.1 |
| Tower Hamlets | 12.1 |
| Waltham Forest | 12.4 |
| Hackney | 16.7 |