Average Price for property in Western Gateway, London, E16 is around £473,946 which varies based on type of property you are interested in and ranges from £505,306 for terraced house to around £473,904 for a flat. Values have been changing and have risen £5,645 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,559 in last 6 months, £57,529 in last 1 year, £97,176 in last 2 years, £110,930 in last 3 years, £111,014 in last 4 years and £120,383 in last 5 years.
Currently average asking price of a property in Western Gateway, London, E16 is around £450,938 based on approximately 90 properties for sale. Same is the case with rental options based on 501 properties up for rent, average asking rent is around £1,716 per month.
Estimated property value in Western Gateway, London, E16 is £473,946. Average asking price is £450,938 while average price paid is £365,341 which is up by £57,529 and Avg. asking rent £1,716.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 Western Gateway, London, E16 area. In last 1 year alone average price buyer paid is around £365,341 based on approximately 90 sales in Western Gateway, London, E16 area alone. If you compare it to last 3 years sales of 157 properties where buyers paid around £345,866. 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 £347,958 for 180 and average amount paid for purchase of approx. 567 properties sold in last 7 years comes to about £323,835 per sale.