Canning Town House Prices, London
Canning Town is an area, located in the borough Newham.
Canning Town House Prices
As of June, 2024, the average house prices in Canning Town are as follows:
- studio – £425,000 (1.42%)
- 1 bedroom flat – £350,000 (-2.3%)
- 2 bedroom flat – £465,000 (-5.79%)
- 3 bedroom flat – £495,000 (-4.24%)
- 4 bedroom flat – £500,000 (-4.78%)
Keep in mind that these are simply the average rates for Canning Town house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Canning Town, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Canning Town house price is £430,000, low by 2.05% as of £439,000 in May, 2024.
- Currently, there are 353 houses for sale and an average of 13 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Canning Town house prices.
Canning Town House Prices Growth
The average house price in Canning Town over the last 5 years is as follows:
- 2019-06 – £433,919
- 2020-06 – £408,807 (-5.79%)
- 2021-06 – £468,934 (14.71%)
- 2022-06 – £433,057 (-7.65%)
- 2023-06 – £421,675 (-2.63%)
- 2024-06 – £408,876 (-3.04%)
Sold house prices in Canning Town have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now down 5%. Therefore, at the moment, you may be able to purchase real estate at a more favourable price than five years ago.
In addition to checking the average Canning Town house prices, it’s also wise to keep an eye on house rent prices in Canning Town. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Canning Town.