Newham House Prices, London
Newham is a borough, located in London.
Newham House Prices
As of June, 2024, the average house prices in Newham are as follows:
- studio – £375,000 (1.56%)
- 1 bedroom flat – £340,000 (-1.97%)
- 2 bedroom flat – £425,000 (-2.18%)
- 3 bedroom flat – £510,000 (-3.02%)
- 4 bedroom flat – £585,000 (-6.02%)
- 5 bedroom flat – £650,000 (-2.41%)
Keep in mind that these are simply the average rates for Newham 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 Newham, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Newham house price is £449,995, high by 2.8% as of £437,750 in May, 2024.
- Currently, there are 3,467 houses for sale and an average of 71 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Newham house prices.
Newham House Prices Growth
The average house price in Newham over the last 5 years is as follows:
- 2019-06 – £399,641
- 2020-06 – £404,509 (1.22%)
- 2021-06 – £426,776 (5.5%)
- 2022-06 – £430,535 (0.88%)
- 2023-06 – £437,981 (1.73%)
- 2024-06 – £437,242 (-0.17%)
Sold house prices in Newham remained unchanged from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 9%. Thus, if the trend continues, purchasing real estate in Newham in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Newham house prices, it’s also wise to keep an eye on house rent prices in Newham. 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 Newham.
Read more about Newham areas: Beckton, Canning Town, East Ham, Forest Gate, Little Ilford, Manor Park, Maryland, Plaistow, Stratford, West Ham.