Housing Market Analysis for FORMUNT CLOSE, E16 1QR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £103,388 median price is £115,000 Standard Deviation is £52,389 with Total Sold: 9
    • The most recent sale happened at this postcode is 31 FORMUNT CLOSE: £190,000 (Sold on 07 Sep 2015)
    • 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 £78,000 median price is £78,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 FORMUNT CLOSE: £78,000 (Sold on 04 Dec 2000)
    • The first recorded sale happened at this postcode is 13 FORMUNT CLOSE: £78,000 (Sold on 04 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average E16 1QR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£190,0001
2014£155,0001
2013£120,0001
2006£135,0001
2005£99,8001
2002£115,000 £1,455 1
2001£52,995 £1,113 1
1998£41,1951
1995£21,500 £452 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£78,0001

All the Sales in the FORMUNT CLOSE, E16 1QR

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

AddressSold DatePrice% Change
31 FORMUNT CLOSEFlat, Leasehold07 Sep 2015£190,000First Sale
55 FORMUNT CLOSEFlat, Leasehold14 Nov 2014£155,00055.31%
09 Sep 2005£99,800First Sale
41 FORMUNT CLOSEFlat, Leasehold18 Oct 2013£120,000-11.11%
08 Sep 2006£135,000First Sale
5 FORMUNT CLOSEFlat, LeaseholdArea: 79.04 Sq.mtrAge: 1950-196618 Oct 2002£115,000First Sale
73 FORMUNT CLOSEFlat, LeaseholdArea: 47.6 Sq.mtrAge: 1967-197523 Feb 2001£52,995146.49%
12 Jan 1995£21,500First Sale
13 FORMUNT CLOSETerraced, Leasehold04 Dec 2000£78,000First Sale
11 FORMUNT CLOSEFlat, Leasehold23 Jan 1998£41,195First Sale

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

FORMUNT CLOSE, E16 1QR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £193,487 median price is £172,000 Standard Deviation is £131,633 with Total Sold: 1,073
    • The Last 5 Year average price is £423,211 with Total Sold: 115
    • 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 , 52 HERMIT ROAD: £18,500 (Sold on 17 Jan 1995)
  • Flat
    • The average price is around £320,649 median price is £310,000 Standard Deviation is £162,191 with Total Sold: 3,476
    • The Last 5 Year average price is £441,816 with Total Sold: 902
    • The most recent sale happened at this postcode is 607, SOVEREIGN TOWER, 1 EMILY STREET: £342,000 (Sold on 12 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 £3,864,670 median price is £532,500 Standard Deviation is £10,166,203 with Total Sold: 80
    • The Last 5 Year average price is £4,010,190 with Total Sold: 47
    • 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 , 84 HERMIT ROAD: £90,000 (Sold on 20 Aug 2009)
  • Semi-Detached
    • The average price is around £197,327 median price is £195,000 Standard Deviation is £109,646 with Total Sold: 71
    • The Last 5 Year average price is £405,000 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 £260,000 median price is £320,000 Standard Deviation is £106,771 with Total Sold: 3
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£472,100 £5,827 10
2023£411,175 £5,637 20
2022£456,647 £5,225 16
2021£430,053 £5,149 28
2020£411,000 £5,318 20
2019£388,423 £4,910 21
2018£418,286 £4,916 28
2017£389,026 £4,406 19
2016£367,396 £4,459 24
2015£323,661 £3,919 28
2014£275,465 £3,228 24
2013£262,575 £2,989 40
2012£229,978 £2,517 25
2011£205,059 £2,346 17
2010£205,333 £2,603 15
2009£193,150 £2,321 10
2008£225,804 £2,971 23
2007£232,152 £3,582 49
2006£203,550 £2,606 46
2005£190,756 £2,255 45
2004£177,581 £2,376 49
2003£168,183 £2,146 68
2002£132,869 £1,698 79
2001£103,202 £1,436 67
2000£84,990 £1,091 57
1999£70,163 £910 57
1998£63,849 £783 50
1997£53,251 £664 49
1996£45,159 £572 59
1995£40,766 £572 30
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£387,076 £6,565 49
2023£384,603 £6,622 170
2022£440,544 £6,490 98
2021£468,060 £6,017 192
2020£475,060 £7,859 157
2019£451,458 £8,089 236
2018£399,259 £6,734 293
2017£376,501 £6,576 484
2016£381,580 £5,927 281
2015£327,816 £5,061 212
2014£233,973 £4,495 144
2013£221,171 £3,877 190
2012£211,443 £3,747 132
2011£192,352 £4,256 17
2010£262,299 £4,144 116
2009£201,178 £3,334 40
2008£188,991 £3,178 55
2007£191,730 £3,403 67
2006£219,805 £3,875 187
2005£139,385 £3,081 33
2004£142,820 £2,424 38
2003£142,978 £2,532 53
2002£91,753 £1,678 29
2001£68,834 £1,165 44
2000£58,931 £994 48
1999£44,640 £709 40
1998£43,066 £719 18
1997£35,272 £645 22
1996£31,863 £561 11
1995£30,155 £520 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£415,0002
2023£802,5002
2022£3,404,7886
2021£5,933,014 £16,569 17
2020£3,156,662 £91,023 8
2019£3,291,721 £106,732 12
2018£6,067,010 £375,230 17
2017£407,427 £2,710 7
2016£155,700 £2,118 5
2015£535,000 £10,094 1
2014£3,000,0001
2013£10,300,000 £107,292 1
2009£90,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£500,0001
2022£347,500 £5,405 2
2019£425,000 £5,592 1
2017£442,500 £6,412 2
2015£338,000 £3,798 2
2013£302,500 £3,087 2
2012£246,250 £2,627 2
2011£200,000 £2,634 3
2010£234,000 £2,056 1
2008£252,000 £3,671 2
2007£233,600 £2,388 5
2006£238,555 £2,898 9
2005£201,667 £2,567 3
2004£242,417 £2,661 6
2003£164,875 £3,202 4
2002£148,550 £1,443 4
2001£105,499 £1,205 4
2000£111,167 £1,119 3
1999£85,000 £759 5
1998£68,000 £1,133 1
1997£61,142 £700 7
1996£44,500 £542 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£320,000 £2,712 1
2006£350,0001
1998£110,0001

House Type in E16 1QR area

The most common house types in the E16 1QR postcode area are Flat (117), Terraced (18), and Semi-detached (9).

Total150
Flat117
Terraced18
Semi-detached9
Detached5
Shared house1
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 (70), and Social rented: Other social rented (38).

Social rented: Rents from council or Local Authority70
Social rented: Other social rented38
Private rented: Private landlord or letting agency26
Owned: Owns with a mortgage or loan7
Private rented: Other private rented5
Owned: Owns outright4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the E16 1QR have 2 people in household (42), and 3 people in household (24).

2 people in household42
3 people in household24
4 people in household24
1 person in household20
5 people in household20
6 people in household14
7 people in household4
8 or more people in household1
0 people in household0