East London cost comparison of new homes and older homes
June 2019 - May 2020
The price of a newly built property is £556k in East London postcode area. The price increased by £25.1k (5%) over the last twelve months. The price of an established property is £487k. There were 2591 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 1053 (40.6%) properties sold, followed by £400k-£500k price range with 659 (25.4%) properties sold. Most new homes were sold in E20 1, with 520 sold to date from June 2019 - May 2020.
| East London postcode area | England and Wales |
|---|---|
£556kaverage price of a new property | £342kaverage price of a new property |
5%average price percentage change | 1%average price percentage change |
£25.1kaverage price change | £4.9kaverage price change |
June 2019 - May 2020
June 2019 - May 2020
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also East London property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| £50k-£100k | 0.5% | 13 |
| £100k-£150k | 2.1% | 55 |
| £150k-£200k | 1.5% | 38 |
| £200k-£250k | 0.7% | 17 |
| £250k-£300k | 1.9% | 49 |
| £300k-£400k | 14.9% | 387 |
| £400k-£500k | 25.4% | 659 |
| £500k-£750k | 40.6% | 1.1k |
| £750k-£1M | 8.2% | 212 |
| over £1M | 4.2% | 108 |
June 2019 - May 2020
June 2019 - May 2020
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
