West Ham

The Heart of Football

Area Guide For West Ham

West Ham is an area that falls under London Borough of Newham. The area is considered to be a post-industrial neighbourhood. West Ham has a lot of resedential flats and small houses and that is why the population density is quite high. In a recent survey it was revealed that West Ham is one of the most deprived areas in the country. However, now several recreational activities are about to begin in order to make this area a developed location. It has a very popular supermarket "Queens Market" that Tesco tried to buy recently however all the local residents got togeather to protest against it - the famous "£1 pound fish" man worked in Queens Market where he used to sing the song till someone recorded him, the video went viral.

 
 

Tags

Football
Sports
Cheap housing
Transport

Overview

  • The Neighbors

    Very small houses and flats with a dense population.

  • Ideal for

    Lower middle class and people who prefer cheaper housing.

  • Deal Sealer

    Sporting activities.

  • Not for

    People who want to live in bigger houses.

  • You will Like

    Sporting facilities.

West Ham Map

Estimated Price: £310,128
Average Asking Price: £316,681
Price change in last one year: £36,168
Average Price Paid: £224,286
Average Rent Rates: £1,607

 
 

Property Prices Breakdown in West Ham

Average Price for property in West Ham is around £310,128 which varies based on type of property you are interested in and ranges from £371,880 for detached house to around £358,945 for semi-detached. Similarly terraced house is around £329,312 and a flat is worth £250,872. Values have been changing and have risen £3,037 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,508 in last 6 months, £36,168 in last 1 year, £62,343 in last 2 years, £69,761 in last 3 years, £71,308 in last 4 years and £74,791 in last 5 years.

Currently average asking price of a property in West Ham is around £316,681 based on approximately 541 properties for sale. Same is the case with rental options based on 236 properties up for rent, average asking rent is around £1,607 per month.

Estimated property value in West Ham is £310,128. Average asking price is £316,681 while average price paid is £262,298 which is up by £36,168 and Avg. asking rent £1,607.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 West Ham area. In last 1 year alone average price buyer paid is around £262,298 based on approximately 541 sales in West Ham area alone. If you compare it to last 3 years sales of 1,342 properties where buyers paid around £233,619. 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 £224,286 for 2,027 and average amount paid for purchase of approx. 2,720 properties sold in last 7 years comes to about £220,108 per sale.

 
 

Properties For Sale in West Ham

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £230,000, £309,075 for a 2 bedroom house, £359,082 for a 3 bedroom house, £420,356 for a 4 bedroom house and £490,000 for a 5 bedroom house. For a flat similarly the prices varies from £231,461 for a single bedroom to £249,530 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £277,874 and £550,000 for a 5 bedroom flat. To sum up the asking prices for properties in West Ham it comes to around average £231,424 for 1 bedroom property, £267,394 for 2 bedroom, £340,867 for 3 bedroom, £420,356 for 4 bedroom and £494,615 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £664 for 1 bedroom to £1,465 for 2 bedrooms, £1,586 for 3 bedrooms, £1,921 for 4 bedrooms and £2,262 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,178. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,318, £1,609 for 3 bedroom and £1,819 for 4 bedroom. You should be generally be expecting around average £1,110 rent per month for single bedroom property, £1,375 for 2 bedroom, £1,592 for 3 bedroom, £1,897 for 4 bedroom and approximately £2,262 for a 5 bedroom property in West Ham area.

Popular Houses in West Ham

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in West Ham

Sum it all up

 The Good

- Cheap Housing
- Good Sporting Activities
- Sense of Community

 Best For

- People who like sporting facilities
- Middle Class

Transportation in West Ham

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