Search

Average Newham house price £5,000 per square metre

PUBLISHED: 14:38 12 October 2017 | UPDATED: 15:10 12 October 2017

Picture: PA Photo/thinkstockphotos

Picture: PA Photo/thinkstockphotos

PA Photo/thinkstockphotos

A phone box-sized space in Newham is four times more expensive in London’s richest borough, new figures reveal.

Newham was ranked the sixth least expensive local authority for house prices per area, with buyers shelling out nearly £5,000 for every square metre of floor space.

The amount paid in wealthy Kensington and Chelsea, meanwhile, was a staggering £19,400, according to the Office for National Statistics (ONS).

Prices in London soared above the rest of England and Wales, with 19 of the top 20 most expensive areas found in the capital.

The City of London, City of Westminster and Camden followed Kensington and Chelsea as the most costly areas.

But prices in Newham were still double the national average, £2,400.

Extending your property by one square metre will raise the house price by £4,000, the data shows.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Newham Recorder visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Newham Recorder staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Newham Recorder account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Latest Newham News Stories

What a mess! The fundamental challenge that Theresa May has is that the single biggest plank of her government’s policy is Brexit, yet she doesn’t believe in it and nor do three quarters of her cabinet.

European Union
Yesterday, 18:30

Meet the emergency team at the London Independent Hospital in Stepney Green who are on official standby for the World Taekwondo grand prix and World Para Taekwondo championships.

London
Yesterday, 18:04

A Stratford drug dealer who helped channel £250,000 crack cocaine and heroin from London onto the sleepy streets of Great Yarmouth was jailed for four years at Snaresbrook Crown Court today.

Snaresbrook Crown Court
Yesterday, 17:00

Chris Pocklington is the managing director at Newham University Hospital. Here, he explains what the borough means to him

Newsletter Sign Up

Sign up to receive our regular email newsletter

Most read news

Show Job Lists

Competitions

Having a brand new kitchen is something that lots of people want but can only dream of. Sadly keeping up to date and making our living spaces as nice as they can be is a costly and incredibly stressful business. Even a fresh coat of paint makes all the difference but isn’t easy or quick.

Read more

Who wouldn’t love the chance to go on a shopping spree. Imagine being able to walk into a shop and choose whatever your heart desires without having to worry about how much it costs.

Read more

Digital Edition

cover

Enjoy the
Newham Recorder
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now