West Ham House Prices, London
West Ham is an area, located in the borough Newham.
West Ham House Prices
As of June, 2024, the average house prices in West Ham are as follows:
- studio – £396,900 (0%)
- 1 bedroom flat – £259,700 (-0.66%)
- 2 bedroom flat – £417,500 (-2.59%)
- 3 bedroom flat – £500,000 (1.25%)
- 4 bedroom flat – £645,000 (4.88%)
- 5 bedroom flat – £675,000 (0.93%)
Keep in mind that these are simply the average rates for West Ham 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 West Ham, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average West Ham house price is £475,000, high by 2.7% as of £462,500 in May, 2024.
- Currently, there are 44 houses for sale and an average of 3 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated West Ham house prices.
West Ham House Prices Growth
The average house price in West Ham over the last 5 years is as follows:
- 2019-06 – £416,901
- 2020-06 – £445,018 (6.74%)
- 2021-06 – £448,861 (0.86%)
- 2022-06 – £458,719 (2.2%)
- 2023-06 – £447,704 (-2.4%)
- 2024-06 – £449,428 (0.39%)
Sold house prices in West Ham remained unchanged from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 7%. Thus, if the trend continues, purchasing real estate in West Ham in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average West Ham house prices, it’s also wise to keep an eye on house rent prices in West Ham. 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 West Ham.