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7 cheap streets to buy property in east London boroughs

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  • 7 cheap streets to buy property in east London boroughs
By: Wilma Lugo Posted on May 12, 2022

Table of Contents

  • Redbridge
  • Newham
  • Havering
  • Barking and Dagenham
  • Tower Hamlets

Published:
2:26 PM April 29, 2022



With house prices hitting record highs across the capital this year and the cost-of-living soaring, hopeful homebuyers will be looking to bag a bargain.

We looked at the average prices of properties in Havering, Newham, Redbridge, Barking and Dagenham and Tower Hamlets to find the cheapest streets and estates in each area.

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Prices are based on all property sales between 2017 and 2021, where there have been five sales or more on a road.

Redbridge

Redbridge has some of the lowest-cost homes in east London. Average house prices at Golding Court in Ilford cost a little over £100,000 – that makes it the cheapest place to buy a home in the five boroughs on our list. 

1. Golding Court, £103,100

2. Cunningham Close, £122,375

3. Roden Street, £124,153

4. Morland Road, £131,219

5. Blacksmiths Close, £148,400

6. Limewood Court, £170,952

7. Village Way,  £178,450

Newham

Another cheap place to buy a property is in Newham, where on the borough’s cheapest street – Viking Gardens – the average home costs £107,796.

Viking Gardens is the second cheapest street on our list. 

1. Viking Gardens, £107,796

2. Pontoon Reach, £119,375

3. Albion Way, £135,000

4. Regalia Close, £153,591

5. North Woolwich Road, £175,021

6. Lindwood Close, £176,700

7. Armada Way, £186,566

Havering

Havering also has some cheap properties for sale, with the average home priced at £110,900 at Holly Court – the third-cheapest street out of the five boroughs listed. 

1. Holly Court, £110,900

2. Holmeoak Avenue, £111,625

3. Broadis Way, £113,250

4. Goodwin Way, £135,714

5. Firwood Lane, £146,090

6. Chapel Lodge, £160,722

7. Vignoles Road, £165,722

Barking and Dagenham

There are cheaper streets in both Barking and Dagenham to nab a property.

1. Fielders Crescent – Barking, £119,418

2. Portland Close – Dagenham, £136,800

3. Tudor Parade – Dagenham, £155,833

4. Mizzen Street – Barking, £158,313

5. Gosfield Road – Dagenham, £170,000

6. Moore Crescent – Dagenham, £174,700

7. Axe Street – Barking, £175,429

Tower Hamlets

Out of the five boroughs analysed, average house prices in Tower Hamlets are higher, starting with around £165,000. 

1. Dominion Walk, £165,987

2. Harston Walk, £176,025

3. Schoolhouse Lane, £188,480

4. Navigation Road, £188,656

5. Burcham Street, £214,000

6. Taylor Place, £215,500

7. Leopold Street, £236,071

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