E2 7LY is a residential postcode situated on Gascoigne Place, London, E2 with 15 addresses.
It ranks as the 324th largest and 853rd most expensive of the 898 postcodes in the E2 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 14 houses and 1 flat.
E2 7LY is a residential postcode situated on Gascoigne Place, London, E2 with 15 addresses.
It ranks as the 324th largest and 853rd most expensive of the 898 postcodes in the E2 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 14 houses and 1 flat.
Sale prices range from £866,470 for 3 bedroom freehold houses with a garden (1,033 ft2) to £1,866,867 for 3 bedroom leasehold flats (2,518 ft2) .
Monthly rental prices range from £4,297 pcm for 3 bed houses to £8,061 pcm for 3 bed flats.
The gross rental yield is between 5.2% and 6.2%.
The average value per square foot is £941.
The last sale in E2 7LY sold for £990,000 on 9th June 2023. Since then prices are down an average of 3.9%.
The current average value in the postcode is £1,044,893.
The E2 7LY Sales Market has decreased by 1.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5% | £1,044,893 |
| April 2025 | 2.4% | £1,099,630 |
| April 2024 | -0.5% | £1,073,461 |
| April 2023 | -1.1% | £1,079,361 |
| April 2022 | 4.9% | £1,091,767 |
| April 2021 | -1.5% | £1,040,280 |
| April 2020 | 4.1% | £1,056,517 |
| April 2019 | -1.5% | £1,014,664 |
| April 2018 | -1.8% | £1,029,945 |
| April 2017 | -0.9% | £1,048,868 |
| April 2016 | 7.5% | £1,058,282 |
| April 2015 | 8.3% | £984,160 |
| April 2014 | 18.8% | £909,070 |
| April 2013 | 15.8% | £765,389 |
| April 2012 | 8% | £661,206 |
| April 2011 | 3% | £612,091 |
| April 2010 | 12.6% | £594,527 |
| April 2009 | -11.3% | £528,200 |
| April 2008 | 11.2% | £595,372 |
| April 2007 | 0% | £535,531 |
The current average rental value in the postcode is £4,928.
The E2 7LY Rental Market has increased by 43.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £4,928pcm |
| April 2025 | 2.7% | £4,744pcm |
| April 2024 | 5% | £4,618pcm |
| April 2023 | 16.2% | £4,398pcm |
| April 2022 | 17.6% | £3,784pcm |
| April 2021 | -8.6% | £3,219pcm |
| April 2020 | 2.8% | £3,520pcm |
| April 2019 | 2.7% | £3,426pcm |
| April 2018 | -0.2% | £3,336pcm |
| April 2017 | -3% | £3,344pcm |
| April 2016 | 1.4% | £3,446pcm |
| April 2015 | 2% | £3,398pcm |
| April 2014 | 3.1% | £3,331pcm |
| April 2013 | 5.9% | £3,231pcm |
| April 2012 | 8.5% | £3,051pcm |
| April 2011 | 12% | £2,813pcm |
| April 2010 | 5.6% | £2,510pcm |
| April 2009 | -8.7% | £2,378pcm |
| April 2008 | 14.1% | £2,603pcm |
| April 2007 | 0% | £2,282pcm |
The last sale was on 9th June 2023 for £990,000 and since then the market in the area has decreased by 3.9%. The postcode has had a total of 18 sales since 1995.
E2 7LY has seen 1 sale in the last three years and no sales in the last twelve months.
E2 7LY is the 324th largest and the 853rd most expensive postcode out of the 898 postcodes in the E2 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around E2 7LY, 39.0% of property is privately rented and 36.4% is socially 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 E2 7LY, 18.3% of residents are recorded as possessing school level qualifications and 56.4% 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 E2 7LY, the average age was 34.9 and the most common age was 27.
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 E2 7LY, 0.5% 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 E2 7LY, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.