E16 1TE is a residential postcode situated on Wesley Avenue, London, E16 with 6 addresses.
It ranks as the 105th largest and 321st most expensive of the 951 postcodes in the E16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 6 flats.
E16 1TE is a residential postcode situated on Wesley Avenue, London, E16 with 6 addresses.
It ranks as the 105th largest and 321st most expensive of the 951 postcodes in the E16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 6 flats.
Sale prices range from £318,182 for 2 bedroom leasehold flats with a balcony (645 ft2) to £324,277 for 2 bedroom leasehold flats with a balcony (667 ft2) .
Monthly rental prices range from £1,984 pcm for 2 bed flats to £2,014 pcm for 2 bed flats.
The gross rental yield is between 7.5% and 7.5%.
The average value per square foot is £491.
The last sale in E16 1TE sold for £345,000 on 11th April 2022. Since then prices are down an average of 8.1%.
The current average value in the postcode is £320,217.
The E16 1TE Sales Market has decreased by 9.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.4% | £320,217 |
| April 2025 | -3% | £331,321 |
| April 2024 | -0.6% | £341,674 |
| April 2023 | -1.3% | £343,724 |
| April 2022 | -1% | £348,403 |
| April 2021 | -0.8% | £352,086 |
| April 2020 | -0.4% | £354,977 |
| April 2019 | 0.2% | £356,514 |
| April 2018 | 0.8% | £355,785 |
| April 2017 | -0.7% | £352,945 |
| April 2016 | 9.8% | £355,386 |
| April 2015 | 13.4% | £323,653 |
| April 2014 | 22.3% | £285,482 |
| April 2013 | -0.8% | £233,373 |
| April 2012 | 3% | £235,213 |
| April 2011 | -2% | £228,312 |
| April 2010 | 6.9% | £233,087 |
| April 2009 | -16.6% | £217,998 |
| April 2008 | 6.3% | £261,454 |
| April 2007 | 0% | £246,033 |
The current average rental value in the postcode is £1,994.
The E16 1TE Rental Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.7% | £1,994pcm |
| April 2025 | 0.9% | £1,887pcm |
| April 2024 | 5.3% | £1,870pcm |
| April 2023 | 18.9% | £1,775pcm |
| April 2022 | 11.8% | £1,493pcm |
| April 2021 | -6.9% | £1,336pcm |
| April 2020 | 1.4% | £1,435pcm |
| April 2019 | 3% | £1,416pcm |
| April 2018 | 0.2% | £1,374pcm |
| April 2017 | -3.3% | £1,371pcm |
| April 2016 | -0.3% | £1,419pcm |
| April 2015 | 6% | £1,424pcm |
| April 2014 | -0.2% | £1,343pcm |
| April 2013 | -2.3% | £1,345pcm |
| April 2012 | 8.6% | £1,377pcm |
| April 2011 | 6.2% | £1,268pcm |
| April 2010 | -1.3% | £1,194pcm |
| April 2009 | -5.4% | £1,210pcm |
| April 2008 | 11.4% | £1,278pcm |
| April 2007 | 0% | £1,148pcm |
The last sale was on 11th April 2022 for £345,000 and since then the market in the area has decreased by 8.1%. The postcode has had a total of 14 sales since 1995.
E16 1TE has seen no sales in the last three years and no sales in the last twelve months.
E16 1TE is the 105th largest and the 321st most expensive postcode out of the 951 postcodes in the E16 area.
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The closest station to E16 1TE is West Silvertown station which is 200 metres away.
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