Average Price for property in Newham is around £291,360 which varies based on type of property you are interested in and ranges from £315,655 for detached house to around £320,360 for semi-detached. Similarly terraced house is around £301,007 and a flat is worth £215,999. Values have been changing and have risen £2,857 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,123 in last 6 months, £34,029 in last 1 year, £58,656 in last 2 years, £65,639 in last 3 years, £67,096 in last 4 years and £70,373 in last 5 years.
Currently average asking price of a property in Newham is around £301,585 based on approximately 373 properties for sale. Same is the case with rental options based on 106 properties up for rent, average asking rent is around £1,366 per month.
Estimated property value in Newham is £291,360. Average asking price is £301,585 while average price paid is £237,618 which is up by £34,029 and Avg. asking rent £1,366.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 area. In last 1 year alone average price buyer paid is around £237,618 based on approximately 373 sales in Newham area alone. If you compare it to last 3 years sales of 955 properties where buyers paid around £217,109. 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 £210,223 for 1,521 and average amount paid for purchase of approx. 2,123 properties sold in last 7 years comes to about £208,498 per sale.