Canary Wharf House Prices Canary Wharf House Prices

The average house price in Canary Wharf is £609,583 using HM Land Registry data.

The average property price increased by £177,222 (26.81%) over the last 5 years and increased by £35,420 (4.41%) over the last 12 months.

Over the last year, there were 207 residential property sales – a decrease of 157 transactions (-75.85%) relative to the previous year. The majority of house sales (50) were in the £380,000 - £490,000 range. Then came properties in the £600,000 - £710,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,921 (-2%).

In April 2024, there were 100 new estate agency instructions, 28 agreed home sales and 52 property price reductions.

5-Year Average Property Prices in Canary Wharf

26.81%

Property prices in Canary Wharf increased by 26.81% 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 Canary Wharf Over the Last Year

4.41%

Property prices in Canary Wharf increased by 4.41% 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.

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).

Property Market Heat Gauge for Canary Wharf - April 2024

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 Canary Wharf

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 Canary Wharf

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 Canary Wharf

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 Canary Wharf since 1995

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

Recent Property Sales in Canary Wharf

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 105, Gainsborough House, Cassilis Road, London, Greater London, E14 9LR£400,000£392,000-£8,00024 Aug 202329 Nov 202397 Days
34 Claire Place, London, Greater London, E14 8NJ£550,000£527,000-£23,00003 Feb 202303 Jul 2023150 Days
Flat 44, Gainsborough House, Cassilis Road, London, Greater London, E14 9LQ£370,000£360,000-£10,00006 Jan 202328 Jun 2023173 Days
Flat 20, Moore House, Cassilis Road, London, Greater London, E14 9LN£370,000£350,000-£20,00018 Aug 202210 Feb 2023176 Days
Flat 44, Turner House, Cassilis Road, London, Greater London, E14 9LJ£550,000£542,000-£8,00013 Sep 202203 Feb 2023143 Days
Flat 16, Turner House, Cassilis Road, London, Greater London, E14 9LJ£400,000£400,000£0013 Sep 202203 Feb 2023143 Days
Flat 121, Gainsborough House, Cassilis Road, London, Greater London, E14 9LR£400,000£388,000-£12,00010 Mar 202120 Jan 2023681 Days
Flat 30, Gainsborough House, Cassilis Road, London, Greater London, E14 9LQ£400,000£400,000£0006 Jun 202226 Sep 2022112 Days
Flat 8, Lowry House, Cassilis Road, London, Greater London, E14 9LL£385,000£365,000-£20,00026 Jan 202216 Aug 2022202 Days
Flat 48, Turner House, Cassilis Road, London, Greater London, E14 9LJ£425,000£400,000-£25,00028 Jan 202215 Jul 2022168 Days
Flat 96, Gainsborough House, Cassilis Road, London, Greater London, E14 9LQ£400,000£390,000-£10,00024 Jan 202201 Jul 2022158 Days
Flat 5, Alexander House, Tiller Road, London, Greater London, E14 8PT£375,000£373,600-£1,40009 Feb 202230 Jun 2022141 Days
Flat 20, Fairlead House, Cassilis Road, London, Greater London, E14 9LB£400,000£390,000-£10,00026 Jul 202107 Jun 2022316 Days
Flat 53, Moore House, Cassilis Road, London, Greater London, E14 9LN£425,000£400,000-£25,00002 Feb 201616 May 20222295 Days
1 Havannah Street, London, Greater London, E14 8NA£649,990£622,000-£27,99014 Feb 202206 May 202281 Days
Flat 57, Moore House, Cassilis Road, London, Greater London, E14 9LN£525,000£518,000-£7,00030 Apr 202128 Sep 2021151 Days
137 Mellish Street, London, Greater London, E14 8PJ£700,000£690,000-£10,00015 Apr 202128 Jun 202174 Days
Flat 33, Gainsborough House, Cassilis Road, London, Greater London, E14 9LQ£525,000£514,000-£11,00013 Jan 202125 Jun 2021163 Days
Flat 105, Gainsborough House, Cassilis Road, London, Greater London, E14 9LR£420,000£387,500-£32,50011 Aug 202014 Jun 2021307 Days
Flat 45, Turner House, Cassilis Road, London, Greater London, E14 9LJ£394,000£387,000-£7,00022 Jul 202010 Jun 2021323 Days

Most Expensive Streets in Canary Wharf

PostcodeStreetAreaAverageNo. of Sales
E14 9ZSMarsh WallLondon£1,618,10828
E14 9DDHarbour WayLondon£1,369,91318
E14 9JQMarsh WallLondon£1,228,47527
E14 9TTMarsh WallLondon£1,210,26244
E14 9ZDWards PlaceLondon£1,088,51333
E14 9QAMarsh WallLondon£1,047,06339
E14 9EJWards PlaceLondon£1,026,69050
E14 9GXMarsh WallLondon£982,03547
E14 9RWMarsh WallLondon£974,95258
E14 9PRMarsh WallLondon£966,39268

Least Expensive Streets in Canary Wharf

PostcodeStreetAreaAverageNo. of Sales
E14 8JPHutchings StreetLondon£192,8333
E14 9XSMastmaker RoadLondon£217,19033
E14 9DTMillharbourLondon£255,4287
E14 9AXMarsh WallLondon£297,50010
E14 8PDCaravel CloseLondon£348,5755
E14 9DJMillharbourLondon£361,6669
E14 9DGIndescon SquareLondon£374,0717
E14 9JHLanterns WayLondon£389,1666
E14 9DRIndescon SquareLondon£394,91612
E14 9JTMillharbourLondon£398,6857

Explore Canary Wharf and Neighbouring Area House Prices