Proppys
E16Newham

Canning Town & Custom House

Canning Town & Custom House investment guide. Average gross yield 6.1%, landlord's market rental demand.

6.1%avg gross yield
£440kavg sold price (798 sales, 12mo)
Landlord's marketrental demand
Article 4: No· Permitted development applies
Last updated May 2026
Average Gross Yield
6.1%
+6.1% vs Newham avg (0.0%)
Average Asking Price
£439,773
high confidence (798 sales)
Est. Monthly Rent
£2,332
2-bed · 3-bed £2,784 · 6.3% yield
Price Per Sq Ft
£603
Estimated Rent by Bedroom Count
Average asking rent and gross yield per bedroom count in E16
1-bed
£1,901
per month
7.1% yield
2-bed
£2,332
per month
6.3% yield
3-bed
£2,784
per month
5.8% yield
4-bed
£2,825
per month
6.7% yield
Ownership mix
E16 vs UK average · 29,135 dwellings · Source: ONS Census 2021
Distinct tenure mix: 7% owned outright (26pp lower than the UK average of 33%).
Owned outrightNo mortgage on the property
6.9%(UK 32.9%)
-26.0pp vs UK
Owned with mortgageIncluding shared ownership
20.4%(UK 29.7%)
-9.3pp vs UK
Privately rented (BTL)Private landlord or letting agent
38.9%(UK 20.3%)
+18.6pp vs UK
Socially rentedCouncil or housing association
33.8%(UK 17.1%)
+16.7pp vs UK
Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).
Yield by Property Type
Gross yield breakdown across property types in E16
PropertyData.co.uk
TypeGross YieldAvg PriceAvg Rent/mo
Terraced7.2%£425,000£2,547
Semi-detached6.2%£435,000£2,251
Detached6.8%£552,159£3,114
Flat6.6%£440,173£2,425

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Live data for each property type across Newham.

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About Canning Town & Custom House (E16, Newham)

E16 attracts investors seeking strong rental yields in an increasingly regenerated East London location. With an average gross yield of 6.1% and asking prices around £439,773, the area offers competitive returns compared to wider London, particularly for 1-bedroom properties yielding 7.1%.

The tenant demographic is predominantly young professionals and families attracted by proximity to the Jubilee Line, Canary Wharf employment hub, and ongoing waterfront development. The landlord's market conditions indicate strong rental demand across all property types, with particular appeal to renters seeking affordable access to central London job markets.

Investors should monitor the area's continued regeneration pace and infrastructure completion timelines, as these significantly impact long-term capital growth. Larger properties (3-4 bed) show lower yields around 5.8-6.7%, suggesting competitive pricing; careful due diligence on specific postcodes and transport links remains essential given the area's ongoing transformation.

Sold Price Trend - E16
Average sold price, last 8 quarters
+120.5% over 2 years
Flip Activity - E16
Same property bought and sold within 18 months, last 24 months
vs prior 24 months
Flips
3
last 24 months
Median uplift*
+35.5%
after HPI adjust
Median hold
12 mo
Flip rate
0.2%
of all sales
Recent case studies
desford road
Terraced
Bought May 24
£349k
Sold May 25
£450k
12 mo+32.1%*
Gross 28.9%
sheerwater road
Semi
Bought Jun 24
£315k
Sold Mar 25
£430k
10 mo+35.5%*
schooner road
Flat
Bought Jan 24
£295k
Sold Mar 25
£390k
15 mo+39.9%*
Gross 32.2%
* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.
Planning & Licensing - E16
Restrictions that affect HMO and buy-to-let investors in this postcode district
Article 4 Direction (HMO)Not in effect
HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.
Selective LicensingNot in effect
Additional HMO LicensingNot in effect
Article 4 directions cover parts of Newham. The exact street-level coverage varies — confirm with the council before exchanging.
Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.
Nearby Postcodes
Adjacent areas with comparable investment profiles
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