london borough datasheetresidential property prices in the london borough of barking & dagenham...

0Cushman & Wakefield | Residential Research

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Lee Layton

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London Borough Datasheet Barking & Dagenham (H1 2018)

House Prices

Residential property prices in the London Borough of Barking &

Dagenham have risen 1.2% in the 12 months to November

2018. Looking further back, average house prices in the

Borough are presently 70.4% higher than 10 years ago.

Housing Stock

At present 29.1% of the housing stock is in the Private Rented

Sector (PRS), with 60.5% owner-occupied, and 7.2% social

housing.

Rental Markets

Average monthly rents in the borough are £1,193, with rents in

London rising 0.2% in 2018

New Homes

In the 12 months to September 2018, 187 new homes were sold

in the borough, which is 9% higher than the recent annual

average. At present the average price of a new build property in

the borough is £391,529

+1.2%

Owner occupied

Privately rented

Socially rented

Other

£0

£500

£1,000

£1,500

Studio 1 bed 2 bed 3 bed

PCM rents

187

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

2019 2020 2021 2022 2023

Key Forecasts

Population Average Earnings: Residence based House prices

Source: UK HPI / 2011 Census (projected) / IPHRP / VOA / Oxford Economics

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