A landlord came into our East Ham office last week, slightly out of breath — she'd been on the tube from Liverpool Street and wasn't used to the District line any more. She moved away from E6 years ago and now manages her rental properties here remotely. She wanted one thing: a straight answer on whether the East Ham market is still worth holding on to.
It's a fair question. And the numbers give a fair answer. Property values in East Ham have risen by 18.9% over the last five years according to Land Registry data — that's consistent capital growth in a part of London that national headlines rarely bother to cover. The average property in E6 now trades at around £394,000, based on the most recent sold price data.
For landlords, what matters more than the headline average is what type of property you're holding. Three-bedroom terraced houses — the workhorse of the East Ham rental market — are currently achieving rents in the range of £1,800 to £2,100 per month based on current listings. Demand remains strong. Newham has one of the youngest and fastest-growing populations in London, and the Elizabeth line has only strengthened the borough's appeal for renters priced out of Stratford.
The story here isn't one of dramatic gains or alarming drops. It's one of steady, reliable growth in an area that the data has consistently rewarded patient landlords for owning in — and that, I told her, is as good an answer as I can give...