Market outlook for E18
Key indicators for buyers
The E18 market presents a mixed picture for buyers. Prices are rising at 14.0%, which may favour acting sooner rather than later. Affordability has improved from a peak of 15.7x in 2018 to 14.2x today. Rising rents (£1,716/mo, +4.1%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Redbridge area
A home in Redbridge costs 14.2x the local median salary — very stretched, improving from a peak of 15.7x in 2018.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Redbridge area
Average monthly rent in Redbridge is £1,716, up 4.1% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Redbridge price of £712,222 with a 25% deposit (£178k), a 2-year fixed mortgage at 3.97% costs around £2,811 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses E18 avg. price with Redbridge rental data
Monthly mortgage payments (£2,811) are £1,095 more than renting (£1,716). However, buying requires an upfront deposit of £178k — it would take around 25 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
4, GLENAVON LODGE, LANSDOWNE ROAD E18 2BE | Flat/Maisonette | £475,000 | 23 Jan 2026 |
16A, RAVEN ROAD E18 1HB | Other | £1,050,000 | 23 Jan 2026 |
3, HERMITAGE WALK E18 2BP | Flat/Maisonette | £461,000 | 21 Jan 2026 |
59, FALCON COURT E18 1HL | Flat/Maisonette | £210,000 | 20 Jan 2026 |
12, COWSLIP ROAD E18 1JW | Terraced | £945,000 | 9 Jan 2026 |
37, WYNNDALE ROAD E18 1DY | Terraced | £910,000 | 8 Jan 2026 |
37, WYNNDALE ROAD E18 1DY | Terraced | £910,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.