Housing Market Analysis for REED CLOSE, E16 1NX

Are you looking to understand E16 1NX 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 1NX area, explore the E16 1NX Area information page.
For comprehensive crime statistics in the E16 1NX area, explore the E16 1NX Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £214,590 median price is £183,000 Standard Deviation is £104,671 with Total Sold: 5
    • The most recent sale happened at this postcode is 6 REED CLOSE: £400,000 (Sold on 16 Oct 2015)
    • The first recorded sale happened at this postcode is 12 REED CLOSE: £95,000 (Sold on 09 Apr 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average E16 1NX 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£400,000 £4,819 1
2007£245,000 £2,952 1
2003£183,000 £2,128 1
2002£149,950 £1,487 1
2001£95,000 £1,131 1

All the Sales in the REED CLOSE, E16 1NX

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

AddressSold DatePrice% Change
6 REED CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-196616 Oct 2015£400,00063.27%
30 Mar 2007£245,000First Sale
2 REED CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-197527 Jan 2003£183,000First Sale
10 REED CLOSETerraced, FreeholdArea: 100.82 Sq.mtrAge: 1930-194912 Nov 2002£149,950First Sale
12 REED CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196609 Apr 2001£95,000First Sale

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

REED CLOSE, E16 1NX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E16 1NX 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 1NX postcode.

  • Terraced
    • The average price is around £197,294 median price is £179,000 Standard Deviation is £128,476 with Total Sold: 1,199
    • The Last 5 Year average price is £418,929 with Total Sold: 135
    • The most recent sale happened at this postcode is , 12 KILDARE ROAD: £425,000 (Sold on 24 Sep 2024)
    • The first recorded sale happened at this postcode is , 139 BARKING ROAD: £47,500 (Sold on 02 Feb 1995)
  • Flat
    • The average price is around £244,883 median price is £230,000 Standard Deviation is £141,226 with Total Sold: 2,728
    • The Last 5 Year average price is £355,516 with Total Sold: 441
    • The most recent sale happened at this postcode is 41, SHERRINGTON COURT, 97 RATHBONE STREET: £550,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 73 FORMUNT CLOSE: £21,500 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £2,327,026 median price is £380,000 Standard Deviation is £7,742,521 with Total Sold: 73
    • The Last 5 Year average price is £3,303,619 with Total Sold: 39
    • The most recent sale happened at this postcode is , 12 RUSCOE ROAD: £450,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is 504, ST. VINCENT COURT, 5 HOY STREET: £10,300,000 (Sold on 20 Dec 2013)
  • Semi-Detached
    • The average price is around £184,543 median price is £190,000 Standard Deviation is £96,112 with Total Sold: 63
    • The Last 5 Year average price is £351,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 8 WIDGEON CLOSE: £380,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 35 BRIDGELAND ROAD: £55,000 (Sold on 17 Jul 1996)
  • Detached
    • The average price is around £235,214 median price is £168,000 Standard Deviation is £145,882 with Total Sold: 7
    • The most recent sale happened at this postcode is , 200 CUMBERLAND ROAD: £500,000 (Sold on 22 Jan 2016)
    • The first recorded sale happened at this postcode is , 1 ECLIPSE ROAD: £73,500 (Sold on 29 Mar 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£467,958 £5,827 12
2023£454,000 £5,089 16
2022£450,188 £5,464 16
2021£413,720 £5,185 34
2020£397,750 £5,032 28
2019£388,600 £4,897 29
2018£416,677 £5,020 31
2017£387,182 £4,453 17
2016£415,900 £4,610 15
2015£312,329 £3,988 35
2014£258,691 £2,992 27
2013£265,064 £3,054 39
2012£226,733 £2,597 29
2011£200,475 £2,336 20
2010£207,220 £2,550 25
2009£197,678 £2,345 14
2008£218,248 £2,812 28
2007£233,580 £3,266 62
2006£207,576 £2,597 63
2005£188,263 £2,338 59
2004£180,326 £2,221 66
2003£168,768 £2,173 78
2002£133,742 £1,670 83
2001£106,253 £1,487 67
2000£84,945 £1,048 63
1999£71,942 £899 54
1998£66,655 £814 48
1997£54,297 £713 56
1996£47,517 £572 56
1995£44,017 £586 29
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£346,607 £5,630 28
2023£304,402 £6,091 90
2022£359,040 £5,504 67
2021£419,273 £5,269 124
2020£353,388 £5,788 67
2019£307,062 £5,452 65
2018£345,569 £6,389 111
2017£372,961 £6,568 238
2016£369,254 £5,865 192
2015£326,002 £5,048 213
2014£228,169 £4,403 148
2013£197,235 £3,780 166
2012£185,594 £3,483 90
2011£178,190 £3,869 21
2010£257,885 £4,074 120
2009£182,832 £3,099 53
2008£187,491 £3,008 56
2007£182,298 £3,141 78
2006£214,399 £3,817 202
2005£139,417 £2,878 52
2004£139,397 £2,394 57
2003£133,764 £2,349 79
2002£93,209 £1,716 47
2001£71,670 £1,187 67
2000£59,926 £1,055 73
1999£47,962 £810 75
1998£39,745 £652 46
1997£35,159 £659 43
1996£30,220 £536 22
1995£33,130 £554 38
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£415,0002
2023£802,5002
2022£2,958,432 £3,587 4
2021£6,441,175 £7,854 15
2020£1,667,944 £28,473 9
2019£420,471 £330 7
2018£1,349,584 £5,932 14
2017£808,845 £1,366 10
2016£193,083 £3,311 6
2015£535,000 £10,094 1
2014£1,027,8102
2013£10,300,000 £107,292 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£342,500 £4,178 2
2022£370,000 £6,167 1
2015£338,000 £3,798 2
2014£250,000 £1,174 1
2013£302,500 £3,087 2
2012£246,250 £2,627 2
2011£217,500 £2,634 2
2010£234,000 £2,056 1
2008£252,000 £3,671 2
2007£234,667 £2,070 3
2006£250,999 £3,142 7
2005£188,500 £2,388 2
2004£249,900 £2,661 5
2003£166,750 £3,165 4
2002£157,050 £1,827 4
2001£116,399 £1,205 5
2000£96,333 £1,480 6
1999£84,250 £812 4
1998£68,000 £1,133 1
1997£63,600 £671 5
1996£54,500 £583 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£500,000 £2,347 1
2013£320,000 £2,712 1
2006£350,0001
2002£168,0001
2001£125,0001
1998£110,0001
1996£73,5001

House Type in E16 1NX area

The most common house types in the E16 1NX postcode area are Flat (89), Terraced (17), and Semi-detached (11).

Total129
Flat89
Terraced17
Semi-detached11
Detached9
Shared house3
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (65), and Private rented: Private landlord or letting agency (21).

Social rented: Rents from council or Local Authority65
Private rented: Private landlord or letting agency21
Owned: Owns with a mortgage or loan18
Social rented: Other social rented10
Owned: Owns outright7
Shared ownership: Shared ownership5
Private rented: Other private rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the E16 1NX have 2 people in household (32), and 3 people in household (25).

2 people in household32
3 people in household25
1 person in household22
5 people in household18
4 people in household15
6 people in household12
7 people in household3
8 or more people in household2
0 people in household0