Canada Water

Area Guide For Canada Water

Canada Water in its original sense, is a freshwater lake in Rotherhithe in south-east London’s Docklands. The surrounding area is now known by this name, mainly after the tube stop rather than the lake. The extension of the Jubilee Line in 1999 drew that area immediately around Canada Water into focus, while the opening of the Canada Water tube station greatly enhanced accessibility to the rest of London. Specifically, it is just one stop to Canary Wharf, two stops to London Bridge and little more than 10 minutes to the West End. The station was later connected to the London over-ground network which improved transport links further still. Today the area has experienced large scale re-development, which has delivered 900 new homes, with 234 of them being affordable.


Canada Water Map

Estimated Price: £459,047
Average Asking Price: £510,226
Price change in last one year: £51,519
Average Price Paid: £340,341
Average Rent Rates: £1,673


Property Prices Breakdown in Canada Water

Average Price for property in Canada Water is around £459,047 which varies based on type of property you are interested in and ranges from £729,035 for detached house to around £574,436 for semi-detached. Similarly terraced house is around £598,834 and a flat is worth £424,161. Values have been changing and have risen £3,038 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,309 in last 6 months, £51,519 in last 1 year, £97,073 in last 2 years, £106,782 in last 3 years, £108,384 in last 4 years and £119,994 in last 5 years.

Currently average asking price of a property in Canada Water is around £510,226 based on approximately 192 properties for sale. Same is the case with rental options based on 176 properties up for rent, average asking rent is around £1,673 per month.

Estimated property value in Canada Water is £459,047. Average asking price is £510,226 while average price paid is £391,145 which is up by £51,519 and Avg. asking rent £1,673.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Canada Water area. In last 1 year alone average price buyer paid is around £391,145 based on approximately 192 sales in Canada Water area alone. If you compare it to last 3 years sales of 854 properties where buyers paid around £354,271. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £340,341 for 1,335 and average amount paid for purchase of approx. 1,608 properties sold in last 7 years comes to about £328,924 per sale.


Properties For Sale in Canada Water


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £164,975, £295,000 for a 2 bedroom house, £644,990 for a 3 bedroom house and £805,000 for a 4 bedroom house. For a flat similarly the prices varies from £427,242 for a single bedroom to £541,635 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £670,164 and £1,191,667 for a 4 bedroom flat. To sum up the asking prices for properties in Canada Water it comes to around average £421,996 for 1 bedroom property, £538,591 for 2 bedroom, £665,323 for 3 bedroom and £1,037,000 for 4 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £991 for 1 bedroom to £1,728 for 2 bedroom, £2,555 for 3 bedroom and £2,456 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,445. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,896 and £2,535 for 3 bedroom. You should be generally be expecting around average £1,316 rent per month for single bedroom property, £1,888 for 2 bedroom, £2,544 for 3 bedroom and approximately £2,456 for 4 bedroom property in Canada Water area.

Popular Houses in Canada Water

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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