House prices in E16 2 (Pontoon Dock)

This article reveals price per square metre data and various charts to help you understand current housing market in 'E16 2' (Pontoon Dock, London) - statistics were last calculated on 30 August 2024.


Defining 'E16 2'

This analysis is limited to properties whose postcode starts with "E16 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Pontoon Dock.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Pontoon Dock is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 19, Admiralty Avenue, Pontoon Dock, London, sold for £920,000 on Jul-2024. Given the internal area of 194 square metres, the price per sqm is £4,742.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,150-£5,500, £5,500-£5,850, £5,850-£6,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 197 sales in Pontoon Dock (E16 2) that took place in the last two years.

Distribution of £ per sqm for Pontoon Dock, London
Distribution of £ per sqm house prices in Pontoon Dock

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Pontoon Dock (E16 2). Of the 197 transactions, half were sold for between £5,140 and £7,020 per square metre. The median, or 'middle', price per square metre in 'E16 2' is £6,150. Notably, only 25% of properties that sold recently were valued at more than £7,020 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Pontoon Dock, London

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring London. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Pontoon Dock
House price heatmap for Pontoon Dock, London

Comparison with neighbouring postcode sectors

The table below shows how 'E16 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
E16 3 Prince Regent £4,840 sqm £5,560 sqm £6,250 sqm
E16 1 Royal Victoria £5,830 sqm £6,420 sqm £6,880 sqm
E16 2 Pontoon Dock £5,140 sqm £6,150 sqm £7,020 sqm
E16 4 Star Lane £4,420 sqm £4,920 sqm £5,700 sqm

Will London house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for E16 2 (Pontoon Dock) compared with both the wider area E16 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Pontoon Dock,London
House price trends for Pontoon Dock

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent E16 2 sales
Recent trends for Pontoon Dock

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for London to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about London and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Barrier Point Road, Pontoon Dock, E16 2S 78 sqm £6,285 32
Admiralty Avenue, Pontoon Dock, E16 2P 82 sqm £6,296 26
Fishguard Way, Pontoon Dock, E16 2R 59 sqm £5,006 19
Admiralty Avenue, Pontoon Dock, E16 2S 78 sqm £7,699 19
Schooner Road, Pontoon Dock, E16 2P 89 sqm £6,455 18
Starboard Way, Pontoon Dock, E16 2P 101 sqm £6,136 17
Bonnet Street, Pontoon Dock, E16 2S 72 sqm £7,246 17
Royal Crest Avenue, Pontoon Dock, E16 2S 79 sqm £7,068 17

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Atlantis Avenue, Pontoon Dock, E16 2U 66 sqm £5,988 29
Shackleton Way, Pontoon Dock, E16 2X 72 sqm £6,314 20
Royal Crest Avenue, Pontoon Dock, E16 2B 66 sqm £7,210 21
Clipper Street, Pontoon Dock, E16 2Y 66 sqm £6,957 14

Atlantis Avenue, Pontoon Dock, E16 2U has seen 29 new build sales in the last 4 years (average price £412,877). These new build homes typically have an internal area of 66 sqm, with an average price of £5,988 sqm. This £sqm average is £-162 below the average for E16 2. New builds typically command a £ per sqm premium. In the case of Atlantis Avenue the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Pontoon Dock is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
19, Admiralty Avenue, Pontoon Dock, London £920,000
Jul-2024
194 4,742
74, Felixstowe Court, Pontoon Dock, London £287,000
Jul-2024
63 4,555
70 Liner House, 16, Admiralty Avenue, Pontoon Dock, London £660,000
Jul-2024
77 8,571

See the entire list of all sales in Pontoon Dock (E16 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.