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Priestman Point Rainhill Way is a residential building situated on Rainhill Way, London, E3 with 93 addresses.
It ranks as the 1414th largest and 9th most expensive of the 1,436 buildings in the E3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 93 properties: 93 flats.
Priestman Point Rainhill Way is a residential building situated on Rainhill Way, London, E3 with 93 addresses.
It ranks as the 1414th largest and 9th most expensive of the 1,436 buildings in the E3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 93 properties: 93 flats.
Sale prices range from £122,428 for 2 bedroom leasehold flats (562 ft2) to £253,547 for 3 bedroom leasehold flats (896 ft2) .
Monthly rental prices range from £781 pcm for 2 bed flats to £1,647 pcm for 3 bed flats.
The gross rental yield is between 7.6% and 7.8%.
The average value per square foot is £215.
The last sale in Priestman Point Rainhill Way sold for £125,000 on 18th May 2021. Since then prices are down an average of 1.6%.
The current average value in the building is £180,897.
The Priestman Point Rainhill Way Sales Market has decreased by 9.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.8% | £180,897 |
| May 2025 | 0.6% | £186,037 |
| May 2024 | 1.1% | £184,873 |
| May 2023 | -3.2% | £182,859 |
| May 2022 | 2.6% | £188,972 |
| May 2021 | -2.7% | £184,229 |
| May 2020 | 0.6% | £189,381 |
| May 2019 | -1.9% | £188,295 |
| May 2018 | -1.9% | £191,988 |
| May 2017 | -2.3% | £195,721 |
| May 2016 | 11.8% | £200,371 |
| May 2015 | 14.4% | £179,256 |
| May 2014 | 21.2% | £156,633 |
| May 2013 | 3.2% | £129,260 |
| May 2012 | 1.8% | £125,240 |
| May 2011 | 2.6% | £123,007 |
| May 2010 | 2.4% | £119,944 |
| May 2009 | -11.1% | £117,125 |
| May 2008 | 7.8% | £131,789 |
| May 2007 | 0% | £122,231 |
The current average rental value in the building is £1,156.
The Priestman Point Rainhill Way Rental Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.2% | £1,156pcm |
| May 2025 | 1.3% | £1,109pcm |
| May 2024 | 5% | £1,095pcm |
| May 2023 | 15.3% | £1,043pcm |
| May 2022 | 15.9% | £905pcm |
| May 2021 | -7.5% | £781pcm |
| May 2020 | 0.3% | £844pcm |
| May 2019 | 2.3% | £842pcm |
| May 2018 | -0.6% | £822pcm |
| May 2017 | -3.9% | £827pcm |
| May 2016 | 2.7% | £860pcm |
| May 2015 | 6.3% | £838pcm |
| May 2014 | 3% | £788pcm |
| May 2013 | -0.4% | £765pcm |
| May 2012 | 7.2% | £768pcm |
| May 2011 | 9.7% | £717pcm |
| May 2010 | 0.9% | £654pcm |
| May 2009 | -5.5% | £648pcm |
| May 2008 | 8.8% | £685pcm |
| May 2007 | 0% | £629pcm |
The last sale was on 18th May 2021 for £125,000 and since then the market in the area has decreased by 1.6%. The building has had a total of 7 sales since 1995.
Priestman Point, Rainhill Way, London, E3 3EZ has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Priestman Point, Rainhill Way, London, E3 3EZ is Bow Church station which is 300 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Priestman Point, Rainhill Way, London, E3 3EZ, 88.7% of property is socially rented and 5.4% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Priestman Point, Rainhill Way, London, E3 3EZ, 32.2% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Priestman Point, Rainhill Way, London, E3 3EZ, the average age was 31.1 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Priestman Point, Rainhill Way, London, E3 3EZ, 0.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Priestman Point, Rainhill Way, London, E3 3EZ, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.