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Wallace Close is a residential street with 23 addresses.
It ranks as the 69th largest and 88th most expensive of the 208 streets in the SE28 area. The dominant property type is a modern house built after 1980.
The street contains a total of 23 properties: 16 houses and 7 flats.
Wallace Close is a residential street with 23 addresses.
It ranks as the 69th largest and 88th most expensive of the 208 streets in the SE28 area. The dominant property type is a modern house built after 1980.
The street contains a total of 23 properties: 16 houses and 7 flats.
Sale prices range from £157,777 for 1 bedroom leasehold flats (365 ft2) to £355,949 for 3 bedroom freehold houses with a garden (785 ft2) .
Monthly rental prices range from £936 pcm for 1 bed flats to £1,901 pcm for 3 bed houses.
The gross rental yield is between 6.4% and 8.8%.
The average value per square foot is £495.
The last sale on Wallace Close sold for £350,000 on 20th September 2024. Since then prices are down an average of 1.9%.
The current average value in the street is £259,766.
The Wallace Close Sales Market has increased by 19.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.6% | £259,766 |
| May 2025 | 0.5% | £263,954 |
| May 2024 | 1% | £262,725 |
| May 2023 | 2.6% | £260,069 |
| May 2022 | 7.9% | £253,512 |
| May 2021 | 4.1% | £234,932 |
| May 2020 | -2.1% | £225,609 |
| May 2019 | 0.7% | £230,417 |
| May 2018 | -1.5% | £228,926 |
| May 2017 | 6.8% | £232,365 |
| May 2016 | 16.7% | £217,624 |
| May 2015 | 14.7% | £186,450 |
| May 2014 | 24.8% | £162,549 |
| May 2013 | 3.1% | £130,202 |
| May 2012 | -0.4% | £126,303 |
| May 2011 | -2.1% | £126,771 |
| May 2010 | 7.8% | £129,435 |
| May 2009 | -16.3% | £120,016 |
| May 2008 | 2.8% | £143,439 |
| May 2007 | 0% | £139,564 |
The current average rental value in the street is £1,487.
The Wallace Close Rental Market has increased by 59.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.1% | £1,487pcm |
| May 2025 | 4.6% | £1,416pcm |
| May 2024 | 8.2% | £1,353pcm |
| May 2023 | 17.2% | £1,250pcm |
| May 2022 | 6.7% | £1,066pcm |
| May 2021 | 3.7% | £1,000pcm |
| May 2020 | 3.7% | £964pcm |
| May 2019 | 0.4% | £930pcm |
| May 2018 | 0.1% | £926pcm |
| May 2017 | -1.1% | £925pcm |
| May 2016 | 8% | £935pcm |
| May 2015 | 8.2% | £865pcm |
| May 2014 | 6.8% | £800pcm |
| May 2013 | 4% | £749pcm |
| May 2012 | 3.9% | £720pcm |
| May 2011 | 3.4% | £692pcm |
| May 2010 | 4.1% | £670pcm |
| May 2009 | -4.3% | £644pcm |
| May 2008 | 6.4% | £672pcm |
| May 2007 | 0% | £632pcm |
The last sale was on 20th September 2024 for £350,000 and since then the market in the area has decreased by 1.9%. The street has had a total of 44 sales since 1995.
Wallace Close, London, SE28 has seen 2 sales in the last three years and no sales in the last twelve months.
Wallace Close, London, SE28 is the 69th largest and the 88th most expensive street in the SE28 area.
There is 1 postcode on Wallace Close, London, SE28.
The closest station to Wallace Close, London, SE28 is Barking Riverside station which is 1.5 kilometres away.
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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 Wallace Close, London, SE28, 38.9% of property is privately rented and 25.7% is privately owned with a mortgage.
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 Wallace Close, London, SE28, 25.7% of residents are recorded as possessing school level qualifications and 42.1% 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 Wallace Close, London, SE28, the average age was 34.2 and the most common age was 12.
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 Wallace Close, London, SE28, 0.0% 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 Wallace Close, London, SE28, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.