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Manor Park House Prices Manor Park House Prices

The average house price in Manor Park is £644,000 using HM Land Registry data.

The average property price increased by £90,773 (23.59%) over the last 5 years and increased by £18,142 (3.97%) over the last 12 months.

Over the last year, there were 46 residential property sales – a decrease of 14 transactions (-30.43%) relative to the previous year. The majority of house sales (12) were in the £484,000 - £562,000 range. Then came properties in the £562,000 - £640,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 118 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,380 (-4%).

In April 2024, there were 10 new estate agency instructions, 4 agreed home sales and 5 property price reductions.

Neighbouring Areas: Ilford, East Ham, Wanstead, Upton Park, Forest Gate

Postcodes Covered: E12, E7

5-Year Average Property Prices in Manor Park

23.59%

Property prices in Manor Park increased by 23.59% 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 Manor Park Over the Last Year

3.97%

Property prices in Manor Park increased by 3.97% 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 Manor Park - 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 Manor Park

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 Manor Park

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 Manor Park

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 Manor Park since 1995

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

Recent Property Sales in Manor Park

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Nigel Road, London, Greater London, E7 8AN£525,000£510,000-£15,00024 Jul 202330 Jan 2024190 Days
101 Second Avenue, London, Greater London, E12 6EN£535,000£535,000£0008 Sep 202305 Jan 2024119 Days
41 Manor Park Road, London, Greater London, E12 5AB£635,000£625,000-£10,00017 May 202329 Aug 2023104 Days
88 Carlyle Road, London, Greater London, E12 6BP£530,000£530,000£0017 Mar 202324 Jul 2023129 Days
337 Strone Road, London, Greater London, E12 6TW£560,000£490,000-£70,00025 Jan 202331 Mar 202365 Days
35 Third Avenue, Manor Park, London, Greater London, E12 6DX£550,000£450,000-£100,00006 Oct 202221 Mar 2023166 Days
44 Shrewsbury Road, London, Greater London, E7 8AL£585,000£500,000-£85,00015 Aug 202231 Jan 2023169 Days
349 Sherrard Road, London, Greater London, E12 6UH£460,000£445,000-£15,00023 Sep 202230 Jan 2023129 Days
66 Nigel Road, London, Greater London, E7 8AN£490,000£480,000-£10,00026 Sep 202220 Dec 202285 Days
355 Halley Road, London, Greater London, E12 6UB£490,000£490,000£0005 Jul 202223 Nov 2022141 Days
17 Bluebell Avenue, London, Greater London, E12 6UJ£235,000£233,000-£2,00015 May 202218 Nov 2022187 Days
48 Nigel Road, London, Greater London, E7 8AN£530,000£530,000£0025 Jul 202218 Nov 2022116 Days
257 Sherrard Road, London, Greater London, E12 6UG£450,000£442,500-£7,50007 Aug 202207 Nov 202292 Days
287 Monega Road, London, Greater London, E12 6TU£490,000£490,000£0001 May 202213 Oct 2022165 Days
13 Gladding Road, London, Greater London, E12 5DD£1,150,000£1,000,000-£150,00007 Jul 202210 Oct 202295 Days
40a, Carlyle Road, London, Greater London, E12 6BN£325,000£305,000-£20,00021 Mar 202230 Sep 2022193 Days
240 Halley Road, London, Greater London, E12 6UD£240,000£236,000-£4,00006 Apr 202213 Sep 2022160 Days
27 Albany Road, London, Greater London, E12 5BE£630,000£610,000-£20,00003 May 202208 Sep 2022128 Days
134 Queensberry Place, London, Greater London, E12 6UW£320,000£320,000£0012 May 202210 Aug 202290 Days
49 Fourth Avenue, London, Greater London, E12 6DP£525,000£515,000-£10,00024 Mar 202210 Aug 2022139 Days

Most Expensive Streets in Manor Park

PostcodeStreetAreaAverageNo. of Sales
E7 0JSCapel RoadLondon£786,7857
E7 0JTCapel RoadLondon£781,6254
E12 5DDGladding RoadLondon£695,3336
E12 5AZCumberland RoadLondon£654,0004
E12 5BEAlbany RoadLondon£625,8663
E12 5BBClarence RoadLondon£588,27211
E12 5BDWentworth RoadLondon£584,0624
E12 6BWCarlyle RoadLondon£569,1663
E7 8ANNigel RoadLondon£508,0336
E12 6DRFourth AvenueLondon£477,6663

Least Expensive Streets in Manor Park

PostcodeStreetAreaAverageNo. of Sales
E12 5HUForest View RoadLondon£216,4254
E12 6BBSnowshill RoadLondon£240,2504
E12 6UDHalley RoadLondon£284,8336
E12 6UNQueensberry PlaceLondon£299,87512
E12 5BTStation RoadManor Park£306,6663
E12 6UHSherrard RoadLondon£310,0836
E12 6UWQueensberry PlaceLondon£311,07613
E12 6TPStrone RoadLondon£312,3754
E12 5DFForest DriveLondon£347,5353
E12 6UFSherrard RoadLondon£350,0003

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