Newham (London Borough)

Area Guide For Newham (London Borough)


Newham (London Borough) Map

Estimated Price: £315,781
Average Asking Price: £394,078
Price change in last one year: £14,783
Average Price Paid: £240,803
Average Rent Rates: £1,655


Property Prices Breakdown in Newham (London Borough)

Average Price for property in Newham (London Borough) is around £315,781 which varies based on type of property you are interested in and ranges from £431,705 for detached house to around £381,352 for semi-detached. Similarly terraced house is around £323,679 and a flat is worth £286,084. Values have been changing and have risen £345 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,151 in last 6 months, £14,783 in last 1 year, £49,771 in last 2 years, £67,420 in last 3 years, £62,885 in last 4 years and £70,002 in last 5 years.

Currently average asking price of a property in Newham (London Borough) is around £394,078 based on approximately 2,310 properties for sale. Same is the case with rental options based on 1,128 properties up for rent, average asking rent is around £1,655 per month.

Estimated property value in Newham (London Borough) is £315,781. Average asking price is £394,078 while average price paid is £281,032 which is up by £14,783 and Avg. asking rent £1,655.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 Newham (London Borough) area. In last 1 year alone average price buyer paid is around £281,032 based on approximately 2,310 sales in Newham (London Borough) area alone. If you compare it to last 3 years sales of 6,292 properties where buyers paid around £252,003. 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 £240,803 for 9,620 and average amount paid for purchase of approx. 2,310 properties sold in last 7 years comes to about £281,032 per sale.

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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