Formunt Close - E16 1QR
Key Street Insights
Formunt Close is a residential street with 14 addresses.
It ranks as the 81st largest and 179th most expensive of the 435 streets in the E16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 14 properties: 1 house and 13 flats.
- Ave. Sale Price
- £339,746
- 10 Year change
- down 4.5%
- Ave. Rental Price
- £2,129pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Street Insights
Formunt Close is a residential street with 14 addresses.
It ranks as the 81st largest and 179th most expensive of the 435 streets in the E16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 14 properties: 1 house and 13 flats.
- Ave. Sale Price
- £339,746
- 10 Year change
- down 4.5%
- Ave. Rental Price
- £2,129pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertieson Formunt Close, London, E16
- 1 Formunt Close
3 Bed Mid-century Flat
- 3 Formunt Close
3 Bed Mid-century Flat
- 5 Formunt Close
2 Bed Mid-century Flat
- 7 Formunt Close
3 Bed Mid-century Flat
- 9 Formunt Close
3 Bed Mid-century Flat
Sales Market Trends
The last sale on Formunt Close sold for £115,000 on 18th October 2002. Since then prices are down an average of 0.0%.
The current average value in the street is £339,746.
The Formunt Close Sales Market has decreased by 4.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £339,746 |
| June 2025 | -1.5% | £349,457 |
| June 2024 | -0.5% | £354,873 |
| June 2023 | -1.5% | £356,578 |
| June 2022 | 1.9% | £362,062 |
| June 2021 | -0.2% | £355,231 |
| June 2020 | 0.2% | £356,071 |
| June 2019 | -0.4% | £355,382 |
| June 2018 | -0.6% | £356,739 |
| June 2017 | 0.9% | £359,043 |
| June 2016 | 10.7% | £355,692 |
| June 2015 | 11.9% | £321,188 |
| June 2014 | 25.8% | £286,982 |
| June 2013 | 1.1% | £228,051 |
| June 2012 | 1.3% | £225,566 |
| June 2011 | -0.3% | £222,618 |
| June 2010 | 10.3% | £223,254 |
| June 2009 | -17.4% | £202,480 |
| June 2008 | 0.6% | £245,025 |
| June 2007 | 0% | £243,611 |
Rental Market Trends
The current average rental value in the street is £2,129.
The Formunt Close Rental Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £2,129pcm |
| June 2025 | 1.5% | £2,030pcm |
| June 2024 | 5% | £2,000pcm |
| June 2023 | 17.3% | £1,904pcm |
| June 2022 | 14.8% | £1,623pcm |
| June 2021 | -4% | £1,414pcm |
| June 2020 | 0.4% | £1,473pcm |
| June 2019 | 2.7% | £1,467pcm |
| June 2018 | 0.6% | £1,429pcm |
| June 2017 | -3% | £1,420pcm |
| June 2016 | 1.3% | £1,465pcm |
| June 2015 | 6.8% | £1,446pcm |
| June 2014 | 3.7% | £1,355pcm |
| June 2013 | -3.5% | £1,307pcm |
| June 2012 | 7.3% | £1,354pcm |
| June 2011 | 8.4% | £1,261pcm |
| June 2010 | 4.3% | £1,163pcm |
| June 2009 | -10% | £1,115pcm |
| June 2008 | 9.7% | £1,238pcm |
| June 2007 | 0% | £1,129pcm |
Sales History
The last sale was on 18th October 2002 for £115,000 and since then the market in the area has remained stable. The street has had a total of 3 sales since 1995.
Formunt Close, London, E16 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2002£115,000 | 2 Bed Flat5, Formunt Close, London, E16 1QR5, Formunt Close, London, E16 1QR
- Sold Dec 2000£78,000 | 3 Bed House13, Formunt Close, London, E16 1QR13, Formunt Close, London, E16 1QR
- Sold Jan 1998£41,195 | 2 Bed Flat11, Formunt Close, London, E16 1QR11, Formunt Close, London, E16 1QR
Top 3 Most Expensive Sales
- Sold Oct 2002£115,000 | 2 Bed Flat5, Formunt Close, London, E16 1QR5, Formunt Close, London, E16 1QR
- Sold Dec 2000£78,000 | 3 Bed House13, Formunt Close, London, E16 1QR13, Formunt Close, London, E16 1QR
- Sold Jan 1998£41,195 | 2 Bed Flat11, Formunt Close, London, E16 1QR11, Formunt Close, London, E16 1QR
Nearby Streets
Formunt Close, London, E16 is the 81st largest and the 179th most expensive street in the E16 area.
- Vincent Street, London, E1647 Addresses|32 m away
- Lawrence Street, London, E16116 Addresses|75 m away
- Cooper Street, London, E164 Addresses|78 m away
- Murdock Close, London, E166 Addresses|86 m away
- Wren Close, London, E1624 Addresses|87 m away
- Killip Close, London, E1630 Addresses|98 m away
Property Types
- 1 period flat built between 1800 and 1911
- 11 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- period flat (1)
- mid-century flat (11)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (3)
- No EPC (2)
Schools Nearby
- St Luke's Primary School200 m away
- Hallsville Primary School300 m away
- Keir Hardie Primary School400 m away
- Rokeby School400 m away
- Eastlea Community School900 m away
- Oasis Academy Silvertown1.4 km away
More reading links
Public Transport Nearby
The closest station to Formunt Close, London, E16 - E16 1QR is Royal Victoria station, which is 600 metres away.
- Canning Town|500 m away
- Royal Victoria|700 m away
- Star Lane|900 m away
