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Canning Town House Prices Canning Town House Prices

The average house price in Canning Town is £465,000 using HM Land Registry data.

The average property price increased by £34,259 (7.56%) over the last 5 years and increased by £6,847 (1.42%) over the last 12 months.

Over the last year, there were 67 residential property sales – a decrease of 55 transactions (-82.09%) relative to the previous year. The majority of house sales (15) were in the £406,000 - £468,000 range. Then came properties in the £344,000 - £406,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,922 (-3%).

In April 2024, there were 41 new estate agency instructions, 14 agreed home sales and 10 property price reductions.

Neighbouring Areas: Langdon Park, Custom House, Silvertown, West Ham, Stratford, Plaistow, Bow

Postcodes Covered: E13, E15, E16, E3

5-Year Average Property Prices in Canning Town

7.56%

Property prices in Canning Town increased by 7.56% 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 Canning Town Over the Last Year

1.42%

Property prices in Canning Town increased by 1.42% 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 Canning Town - 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 Canning Town

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 Canning Town

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 Canning Town

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 Canning Town since 1995

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

Recent Property Sales in Canning Town

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
61 Tarling Road, London, Greater London, E16 1HN£520,000£510,000-£10,00016 Feb 202310 Aug 2023175 Days
8 Mafeking Road, London, Greater London, E16 4NS£500,000£472,000-£28,00024 Oct 202205 May 2023193 Days
322 Grange Road, London, Greater London, E13 0HQ£425,000£415,000-£10,00029 Nov 202210 Mar 2023101 Days
7 Birch Close, London, Greater London, E16 4QW£500,000£480,000-£20,00005 Aug 202227 Jan 2023175 Days
8 Ladysmith Road, London, Greater London, E16 4NR£480,000£462,000-£18,00004 May 202216 Aug 2022104 Days
8 Memorial Avenue, London, Greater London, E15 3BT£250,000£245,000-£5,00019 Aug 202104 Mar 2022197 Days
8 Nutmeg Close, Newham, London, Greater London, E16 4PG£350,000£340,000-£10,00024 Sep 202103 Mar 2022160 Days
36 Comyns Close, London, Greater London, E16 4JJ£265,000£265,000£0017 Sep 202107 Jan 2022112 Days
16 Kimberley Road, London, Greater London, E16 4NT£475,000£465,000-£10,00001 Sep 202120 Dec 2021110 Days
5 Cliff Walk, London, Greater London, E16 4HL£375,000£350,000-£25,00006 Sep 202103 Dec 202188 Days
9 Killip Close, London, Greater London, E16 1LX£350,000£350,000£0031 Jul 202125 Nov 2021117 Days
1 Addington Road, London, Greater London, E16 4NG£400,000£400,000£0014 Jul 202122 Oct 2021100 Days
5 Addington Road, London, Greater London, E16 4NG£425,000£425,000£0023 Apr 202115 Sep 2021145 Days
32 Addington Road, London, Greater London, E16 4NG£380,000£380,000£0009 Apr 202104 Aug 2021117 Days
10 Pollard Close, London, Greater London, E16 1LG£400,000£400,000£0022 Apr 202102 Aug 2021102 Days
12 Nutmeg Close, London, Greater London, E16 4PG£550,000£546,000-£4,00023 Mar 202128 Jun 202197 Days
49 Damask Crescent, London, Greater London, E16 4PQ£280,000£275,000-£5,00022 Sep 202021 May 2021241 Days
34 Bray Drive, London, Greater London, E16 1LD£425,000£410,000-£15,00016 Oct 202023 Apr 2021189 Days
29 Bray Drive, London, Greater London, E16 1LD£580,000£505,000-£75,00019 Jan 202116 Apr 202187 Days
1b, Clifford Road, London, Greater London, E16 4JW£425,000£415,000-£10,00030 Nov 202026 Feb 202188 Days

Most Expensive Streets in Canning Town

PostcodeStreetAreaAverageNo. of Sales
E16 1REPeto Street NorthLondon£594,16149
E16 1RLPeto Street NorthLondon£573,1258
E16 1RBSilvertown WayLondon£560,08342
E16 1QHHeartwell AvenueLondon£550,26362
E16 1LQAppleby RoadLondon£548,3333
E16 1RRPeto Street NorthLondon£545,31216
E16 1YHTerry Spinks PlaceLondon£541,7508
E16 1PGSilvertown WayLondon£538,81340
E16 1XDHoy StreetLondon£477,5004
E16 4LULiverpool RoadLondon£470,0003

Least Expensive Streets in Canning Town

PostcodeStreetAreaAverageNo. of Sales
E16 4HHBarking RoadLondon£258,1254
E15 3BTMemorial AvenueLondon£272,1005
E15 3ABGermander WayLondon£278,0004
E16 1ANBriary CourtTurner Street, London£278,3336
E16 1LXKillip CloseLondon£294,2005
E16 1GDCrediton RoadLondon£306,0005
E16 4HQBarking RoadLondon£318,3333
E16 1GYRathbone MarketCanning Town£323,11717
E16 4NLChester RoadLondon£327,3754
E16 1YRMaud StreetLondon£336,5005

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