At a Glance
Average Property Price - E16
£477,152
78
National percentile
Average Monthly Rent - E
£2,113
93
National percentile
Average Net Household Income - E16
£35,151
32
National percentile
Flat / Maisonette Yield - E
4.8%
14
National percentile
10-Year Annualised Price Growth - E16
3.3%
38
National percentile
10-Year Annualised Rent Growth - E
3.3%
19
National percentile
Property Price & Volume Trends
The latest average property price in E16 is £477,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.3% annualised, which is below the national average pace of growth. Transaction activity has slowed recently, with 632 sales in the latest year compared to a ten-year average of 812 annually.
Rent & Yield Trends
Rental levels in the broader E postcode area are exceptionally high at £2,113 per month, among the highest nationally. However, rent growth over the past decade has lagged significantly behind national trends at 3.3% annualised. Flat yield currently stands at 4.8%, meaningfully above its ten-year average of 4.0%, reflecting the strong income backdrop relative to property values.
Income & Affordability Trends
Average net household income in E16 is £35,151, below the national average. Purchase affordability has deteriorated notably: the price-to-income ratio has widened from 11.1x in 2016 to 13.2x today, indicating homes have become substantially less affordable relative to earnings. Rental affordability has improved by contrast, with the rent-to-income ratio falling from 49.7% to 46.2% over the same period.
Resident Demographic Profile
E16's population is notably younger than average, with a particularly pronounced concentration of 25–34 year-olds at 25.1% (versus 13.4% nationally) and a much lower proportion of over-65s at 6.5% (versus 19.6% nationally). Housing tenure is dominated by renting, with 38% privately rented and 36.2% in social housing, against national figures of 21.7% and 16.5% respectively; owner-occupation is correspondingly sparse at 22.2%. Professional employment is above average at 23.9%, while trades workers are underrepresented at 8.9%.