Housing Market Analysis for RATHBONE MARKET, E16 1GY

Are you looking to understand E16 1GY house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Newham postcode.

For the location information and nearby amenities in the E16 1GY area, explore the E16 1GY Area information page.
For comprehensive crime statistics in the E16 1GY area, explore the E16 1GY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E16 1GY postcode area, The average prices are as follows,

Flat
- The average price is around £304,565 median price is £335,000 Standard Deviation is £99,218 with Total Sold: 27
- The Last 5 Year average price is £331,727 with Total Sold: 22
- The most recent sale happened at this postcode is FLAT 54, 12 RATHBONE MARKET: £335,000 (Sold on 28 Mar 2023)
- The first recorded sale happened at this postcode is FLAT 7, 12 RATHBONE MARKET: £325,000 (Sold on 18 Oct 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average E16 1GY house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£341,429	£6,475	7
2022	£294,000	£5,144	3
2021	£354,500	£6,083	8
2019	£297,500	£4,721	4
2017	£203,839	£3,523	3
2015	£156,875	£2,255	2

All the Sales in the RATHBONE MARKET, E16 1GY

See the table below for more details on the sold house prices in the E16 1GY, Newham postcode.

Address	Sold Date	Price	% Change
FLAT 54, 12 RATHBONE MARKETFlat, LeaseholdArea: 51 Sq.mtr	28 Mar 2023	£335,000	0.0
	28 Mar 2023	£335,000	0.0
	28 Mar 2023	£335,000	0.0
	28 Mar 2023	£335,000	First Sale
FLAT 53, 12 RATHBONE MARKETFlat, LeaseholdArea: 50 Sq.mtr	15 Jun 2023	£305,000	First Sale
FLAT 1, 12 RATHBONE MARKETFlat, LeaseholdArea: 64 Sq.mtr	29 Jul 2022	£152,000	First Sale
FLAT 51, 12 RATHBONE MARKETFlat, LeaseholdArea: 49 Sq.mtr	24 Jun 2022	£345,000	First Sale
FLAT 18, 12 RATHBONE MARKETFlat, LeaseholdArea: 64 Sq.mtr	08 Apr 2022	£385,000	First Sale
FLAT 22, 12 RATHBONE MARKETFlat, LeaseholdArea: 50 Sq.mtrAge: INVALID!	30 Sep 2021	£315,000	224.07%
	19 Apr 2017	£97,200	First Sale
FLAT 49, 12 RATHBONE MARKETFlat, LeaseholdArea: 50 Sq.mtr	30 Sep 2021	£325,000	First Sale
FLAT 12, 12 RATHBONE MARKETFlat, LeaseholdArea: 51 Sq.mtr	21 Sep 2021	£321,000	First Sale
FLAT 16, 12 RATHBONE MARKETFlat, LeaseholdArea: 64 Sq.mtr	20 Jul 2021	£390,000	124.46%
FLAT 16, 12 RATHBONE MARKETFlat, LeaseholdArea: 64 Sq.mtr	09 Jun 2015	£173,750	First Sale
FLAT 19, 12 RATHBONE MARKETFlat, LeaseholdArea: 64 Sq.mtr	30 Jun 2021	£373,000	First Sale
FLAT 35, 12 RATHBONE MARKETFlat, LeaseholdArea: 50 Sq.mtr	30 Jun 2021	£312,000	First Sale
FLAT 31, 12 RATHBONE MARKETFlat, LeaseholdArea: 64 Sq.mtr	25 Feb 2021	£410,000	First Sale
FLAT 14, 12 RATHBONE MARKETFlat, LeaseholdArea: 78 Sq.mtr	19 Feb 2021	£390,000	178.57%
FLAT 14, 12 RATHBONE MARKETFlat, LeaseholdArea: 78 Sq.mtr	09 Mar 2015	£140,000	First Sale
FLAT 27, 12 RATHBONE MARKETFlat, LeaseholdArea: 62 Sq.mtr	23 Aug 2019	£220,000	First Sale
FLAT 10, 12 RATHBONE MARKETFlat, LeaseholdArea: 66 Sq.mtr	21 Aug 2019	£438,000	First Sale
FLAT 7, 12 RATHBONE MARKETFlat, LeaseholdArea: 50 Sq.mtr	18 Jul 2019	£132,000	-59.38%
FLAT 7, 12 RATHBONE MARKETFlat, LeaseholdArea: 50 Sq.mtr	18 Oct 2023	£325,000	First Sale
FLAT 38, 12 RATHBONE MARKETFlat, LeaseholdArea: 66 Sq.mtr	22 Feb 2019	£400,000	-4.76%
FLAT 38, 12 RATHBONE MARKETFlat, LeaseholdArea: 66 Sq.mtr	18 Dec 2023	£420,000	First Sale
FLAT 33, 12 RATHBONE MARKETFlat, LeaseholdArea: 64 Sq.mtr	11 Dec 2017	£380,000	First Sale
FLAT 21, 12 RATHBONE MARKETFlat, LeaseholdArea: 50 Sq.mtr	30 Nov 2017	£134,316	First Sale

Check out the sold house prices near the E16 1GY postcode. Properties currently for saleProperties currently for rent

RATHBONE MARKET, E16 1GY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E16 1GY postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the E16 1GY postcode.

Flat
- The average price is around £387,723 median price is £380,000 Standard Deviation is £189,390 with Total Sold: 3,449
- The Last 5 Year average price is £503,901 with Total Sold: 1,219
- The most recent sale happened at this postcode is FLAT 709, ASTELL HOUSE, 35 LYELL STREET: £468,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 73 FORMUNT CLOSE: £21,500 (Sold on 12 Jan 1995)
Terraced
- The average price is around £193,345 median price is £174,000 Standard Deviation is £144,873 with Total Sold: 1,047
- The Last 5 Year average price is £437,300 with Total Sold: 118
- The most recent sale happened at this postcode is , 58 ADDINGTON ROAD: £465,000 (Sold on 20 Jun 2024)
- The first recorded sale happened at this postcode is , 52 HERMIT ROAD: £18,500 (Sold on 17 Jan 1995)
Other
- The average price is around £3,305,273 median price is £432,500 Standard Deviation is £8,686,015 with Total Sold: 56
- The Last 5 Year average price is £2,262,142 with Total Sold: 29
- The most recent sale happened at this postcode is FLAT 1908, DEFOE HOUSE, 123 CITY ISLAND WAY: £625,000 (Sold on 05 Jun 2024)
- The first recorded sale happened at this postcode is , 84 HERMIT ROAD: £90,000 (Sold on 20 Aug 2009)
Semi-Detached
- The average price is around £205,561 median price is £192,100 Standard Deviation is £123,961 with Total Sold: 52
- The Last 5 Year average price is £362,500 with Total Sold: 4
- The most recent sale happened at this postcode is , 6 LIVERPOOL ROAD: £500,000 (Sold on 15 Jan 2024)
- The first recorded sale happened at this postcode is , 49 GARFIELD ROAD: £35,000 (Sold on 22 Mar 1996)
Detached
- The average price is around £215,000 median price is £215,000 Standard Deviation is £105,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 27 RUSCOE ROAD: £320,000 (Sold on 22 Nov 2013)
- The first recorded sale happened at this postcode is , 217 BARKING ROAD: £110,000 (Sold on 17 Apr 1998)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£378,509	£7,595	28
2023	£440,143	£7,364	116
2022	£518,875	£7,245	119
2021	£516,992	£7,170	166
2020	£525,683	£8,902	323
2019	£503,723	£8,822	467
2018	£467,824	£8,023	641
2017	£373,919	£6,648	298
2016	£379,555	£5,979	194
2015	£332,457	£5,118	201
2014	£230,303	£3,882	53
2013	£247,282	£3,874	91
2012	£224,581	£3,748	84
2011	£189,999	£4,308	16
2010	£269,275	£4,259	109
2009	£247,750	£4,248	16
2008	£194,812	£3,306	48
2007	£192,769	£3,389	63
2006	£225,237	£3,940	172
2005	£140,028	£3,885	18
2004	£144,858	£2,348	27
2003	£147,076	£2,704	40
2002	£89,919	£1,471	23
2001	£63,953	£1,123	27
2000	£60,450	£962	32
1999	£45,082	£696	32
1998	£45,918	£767	10
1997	£34,719	£589	17
1996	£31,928	£502	7
1995	£28,827	£523	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£423,400	£4,710	5
2023	£409,452	£5,609	21
2022	£598,957	£5,374	21
2021	£413,236	£5,144	36
2020	£382,094	£4,900	16
2019	£385,146	£5,006	19
2018	£397,158	£4,821	19
2017	£386,707	£4,565	29
2016	£369,589	£4,727	28
2015	£317,796	£3,830	27
2014	£267,202	£3,232	28
2013	£219,550	£2,852	20
2012	£209,998	£2,521	21
2011	£207,056	£2,280	18
2010	£208,795	£2,659	22
2009	£183,687	£2,088	8
2008	£226,785	£2,687	21
2007	£229,942	£2,880	44
2006	£205,879	£2,562	50
2005	£186,773	£2,319	44
2004	£184,511	£2,372	43
2003	£165,798	£2,106	70
2002	£134,839	£1,656	69
2001	£101,355	£1,462	55
2000	£86,224	£1,068	66
1999	£69,633	£879	58
1998	£62,794	£761	56
1997	£50,619	£618	46
1996	£43,807	£563	53
1995	£40,059	£536	34

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£485,000		3
2023	£802,500		2
2022	£3,810,000		3
2021	£1,752,883	£19,547	10
2020	£3,347,614	£91,023	7
2019	£2,537,500		4
2018	£6,779,745	£375,230	15
2017	£596,999	£2,710	6
2016	£250,000	£5,986	2
2015	£325,000		1
2014	£3,000,000		1
2013	£10,300,000	£107,292	1
2009	£90,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£500,000		1
2023	£200,000	£2,532	1
2022	£325,000	£4,643	1
2019	£425,000	£5,592	1
2018	£300,000	£2,098	1
2017	£442,500	£6,412	2
2016	£396,000	£3,220	1
2014	£371,500	£4,530	2
2013	£302,500	£3,087	2
2012	£250,000	£2,144	1
2011	£165,000		1
2009	£226,500	£1,584	1
2008	£264,000	£3,342	1
2007	£225,500	£2,337	4
2006	£204,000	£2,454	3
2005	£208,250	£2,567	4
2004	£336,250	£2,292	2
2003	£179,750	£2,739	4
2002	£144,733	£1,443	3
2001	£90,999	£1,084	4
2000	£106,750	£1,278	2
1999	£83,875	£759	4
1997	£57,498	£682	4
1996	£44,500	£542	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£320,000	£2,712	1
1998	£110,000		1

House Type in E16 1GY area

The most common house types in the E16 1GY postcode area are Flat (218), Semi-detached (4), and Terraced (4).

Total	232
Flat	218
Semi-detached	4
Terraced	4
Shared house	3
commercial building	3
Detached	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (114), and Owned: Owns with a mortgage or loan (60).

Private rented: Private landlord or letting agency	114
Owned: Owns with a mortgage or loan	60
Shared ownership: Shared ownership	29
Owned: Owns outright	18
Private rented: Other private rented	7
Social rented: Other social rented	5
Social rented: Rents from council or Local Authority	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the E16 1GY have 2 people in household (98), and 1 person in household (84).

2 people in household	98
1 person in household	84
3 people in household	32
4 people in household	12
5 people in household	4
7 people in household	3
0 people in household	0
6 people in household	0
8 or more people in household	0