Forest Gate House Prices Forest Gate House Prices

The average house price in Forest Gate is £535,833 using HM Land Registry data.

The average property price increased by £101,902 (21.37%) over the last 5 years and increased by £20,366 (3.65%) over the last 12 months.

Over the last year, there were 148 residential property sales – a decrease of 24 transactions (-16.22%) relative to the previous year. The majority of house sales (36) were in the £310,000 - £430,000 range. Then came properties in the £430,000 - £550,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 32 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,499 (-3%).

In April 2024, there were 35 new estate agency instructions, 18 agreed home sales and 15 property price reductions.

5-Year Average Property Prices in Forest Gate

21.37%

Property prices in Forest Gate increased by 21.37% 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 Forest Gate Over the Last Year

3.65%

Property prices in Forest Gate increased by 3.65% 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 Forest Gate - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Forest Gate

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 Forest Gate

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 Forest Gate

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 Forest Gate since 1995

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

Recent Property Sales in Forest Gate

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
26 Windsor Road, London, Greater London, E7 0QX£445,000£445,000£0007 Aug 202315 Dec 2023130 Days
29 Forest Side, London, Greater London, E7 0JB£555,000£555,000£0007 Aug 202308 Dec 2023123 Days
19 Holness Road, London, Greater London, E15 4EN£450,000£450,000£0020 Jun 202301 Dec 2023164 Days
68 Tavistock Road, London, Greater London, E15 4EP£475,000£442,500-£32,50015 May 202313 Nov 2023182 Days
25 Wyatt Road, London, Greater London, E7 9ND£650,000£650,000£0017 Apr 202329 Sep 2023165 Days
251 Sprowston Mews, London, Greater London, E7 9AE£975,000£960,000-£15,00027 Feb 202329 Sep 2023214 Days
84 Hampton Road, Forest Gate, London, Greater London, E7 0NU£1,095,000£974,500-£120,50020 Jan 202321 Sep 2023244 Days
14 Hampton Road, Forest Gate, London, Greater London, E7 0PB£1,195,000£1,047,000-£148,00013 Sep 202321 Sep 20238 Days
50 Wellington Road, Forest Gate, London, Greater London, E7 9BU£460,000£450,000-£10,00007 Jul 202313 Sep 202368 Days
22 Mathews Park Avenue, London, Greater London, E15 4AE£600,000£600,000£0025 May 202318 Aug 202385 Days
51 Sebert Road, London, Greater London, E7 0NJ£450,000£440,000-£10,00010 Mar 202228 Jul 2023505 Days
70 Mcgrath Road, London, Greater London, E15 4SS£475,000£460,000-£15,00020 Jul 202327 Jul 20237 Days
23 Leonard Road, London, Greater London, E7 0DD£650,000£650,000£0022 Mar 202320 Jul 2023120 Days
63 Ham Park Road, London, Greater London, E15 4AD£650,000£610,000-£40,00029 Mar 202314 Jul 2023107 Days
9 Bolton Road, London, Greater London, E15 4JY£644,500£644,500£0030 Jan 202330 Jun 2023151 Days
1c, Margery Park Road, London, Greater London, E7 9LA£700,000£670,000-£30,00027 Oct 202206 Jun 2023222 Days
69 Carnarvon Road, Stratford, London, Greater London, E15 4JW£450,000£442,000-£8,00010 Feb 202305 Jun 2023115 Days
44 Moore Walk, London, Greater London, E7 0HY£313,000£310,000-£3,00030 Nov 202212 May 2023163 Days
8 The Common, London, Greater London, E15 4LS£550,000£542,000-£8,00001 Jul 202206 Apr 2023279 Days
101 Godwin Road, London, Greater London, E7 0LW£690,000£680,000-£10,00026 Aug 202220 Mar 2023206 Days

Most Expensive Streets in Forest Gate

PostcodeStreetAreaAverageNo. of Sales
E7 0RAWindsor RoadLondon£1,245,0004
E7 0QBClaremont RoadLondon£1,021,6663
E7 0NUHampton RoadLondon£948,6666
E7 0NTHampton RoadLondon£860,0004
E7 0JDCapel RoadLondon£819,8005
E7 0EEKnighton RoadLondon£787,9605
E7 0LWGodwin RoadLondon£781,6663
E7 0PBHampton RoadLondon£771,1254
E7 0LXRidley RoadLondon£763,3333
E7 0JJChestnut AvenueLondon£747,0003

Least Expensive Streets in Forest Gate

PostcodeStreetAreaAverageNo. of Sales
E7 9JFRadlett CloseLondon£239,0003
E15 4LBCarnarvon RoadLondon£240,2505
E7 0EBDames RoadLondon£294,5605
E7 9HJRomford RoadLondon£299,2504
E15 4JFRomford RoadManor Park£301,5004
E15 4EJRomford RoadLondon£318,18111
E7 9DEMagpie CloseLondon£322,5004
E7 9AREarlham GroveLondon£324,6254
E15 4HUOnyx MewsLondon£326,0005
E15 4EHRomford RoadLondon£329,1663

Explore Forest Gate and Neighbouring Area House Prices