Ave House prices on London Marathon route hits £712,416

Up 15.5% since last years race.


House prices along the route of the London Marathon are up a staggering £95,997 since last years race. The average property is now £712,416 up 15.5% according to agents Housesimple.

Alex Gosling, HouseSimple’s chief executive, said: ‘As thousands of runners pound the streets of London this Sunday, many first-time buyers probably feel right now that it would be easier to run a marathon than it is trying to get onto the property ladder.

‘This research reveals the vast difference in property prices in the capital, even along the marathon route.
‘From Woolwich, where average prices are a little over £300,000, to St James, where prices are close to £2.5million; these two areas might be separated by just 23 miles on the course, but they are different worlds where property prices are concerned.’

londonmarathanhouseprices2016
MilesRoute stopAverage house prices April 2016Average house prices April 2015Annual price growth %
1Blackheath£649,880£595,6319.10%
2Charlton£415,014£382,1088.60%
3 & 4Woolwich£314,446£292,0157.70%
5Deptford£388,686£357,8188.60%
6Greenwich£562,729£521,1328.00%
7&8Deptford£388,686£357,8188.60%
9 & 10Rotherhithe£545,316£512,9016.30%
11Canada Water£473,375£438,3528.00%
12Bermondsey£542,663£486,41011.60%
13Whitechapel£704,760£636,17910.80%
14Limehouse£579,386£526,75810.00%
15Canary Wharf£559,793£503,28011.20%
16 & 17Isle of Dogs£521,196£468,26611.30%
18Canary Wharf£559,793£503,28011.20%
19 & 20Poplar£516,153£476,8158.30%
21Limehouse£579,386£526,75810.00%
22Shadwell£686,967£625,8159.80%
23Monument£934,115£697,74933.90%
24Blackfriars£881,423£845,8044.20%
25Embankment£1,678,925£1,162,27944.50%
26St James’s£2,478,034£2,027,62622.20%
Average£712,416£616,41915.60%
Source: HouseSimple

Written by: Houseladder