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Property investment stats for Millwall, East London

A complete guide to property investment in Millwall.

Last updated: 18 September 2025

Investment summary

Millwall is an area that stands out for its very high proportion of young adults and renters, with the population aged 20-40 in the 98th and 99th percentiles, and private rented housing in the 99th percentile compared to other parts of Britain. The area’s property market is shaped by a transient, highly educated and professional population, as shown by its degree-educated and professional population both in the 90s percentile. Average rental yields are strong at 6.3%, and the median price per square foot sits at £807 per sq ft, reflecting the area’s prime East London status. The owner-occupier presence is extremely low, in the 3rd percentile, so investors should expect a market dominated by renters.

While the one-year capital growth is impressive at 9.0%, the three-year annualised figure of -4.8% suggests that this market has been through some turbulence, likely reflecting broader trends in London apartments. Liquidity is decent, with properties spending a median of 56 days on the market and annual sales at 627.

Image of Millwall, East London

Key investment stats for Millwall

Median price per sq ft

£807 / sq ft

Average rental yield

6.3%

Capital growth (1y)

9.0%

Sales in past year

627

* Property stats calculated for last full calendar year (2024).

Live property stats in Millwall

Live prices in Millwall, East London

* Extreme prices clipped for legibility

Properties for sale

Median price

£595,000

25% of properties below...

£447,500

75% of properties below...

£800,000

Most expensive property

£3,950,000

Live listings

611

Median days on market

56

Should you invest in Millwall?

Opportunities

  • The consistently strong rental yields of 6.3% and a high proportion of renters in the population make Millwall a reliable choice for buy-to-let investors.
  • The area’s popularity with young professionals and students — both in the 90s percentile — means demand for rental property is likely to remain robust.
  • Median asking rents for two-bedroom flats and three-bedroom houses, at £3,423 and £2,675, are among the highest in East London, supporting premium rental strategies.

Risks

  • The three-year capital growth has changed by -13.6%, and the annualised three-year growth is -4.8%, signalling potential volatility or stagnation in sale prices for those seeking short-term capital appreciation.
  • The price-to-income ratio of 7.8 and rent-to-income ratio of 40.4% both suggest affordability is stretched, which could limit further price growth or squeeze tenants.
  • Owner-occupier demand is extremely low, in the 3rd percentile, so resale opportunities may be more limited to landlord buyers rather than homeowners.

Outlook

Looking ahead, Millwall’s market seems set to remain attractive for rental investors, given the area’s demographic strength and the high percentage of private renters. The one-year capital growth figure of 9.0% hints at some renewed momentum, but the longer-term picture — annualised growth of -4.8% — suggests it is wise to temper expectations for rapid capital gains.

Rental demand should stay high thanks to the area’s youthful, professional population and the ongoing premium rents for both flats and houses. Liquidity is reasonable, with properties spending a median of 56 days on the market, so investors should not expect major difficulties in letting or selling. In my view, Millwall offers stability and strong rental returns, but capital growth may require patience and a long-term mindset.

Live properties in Millwall

Investment properties in Millwall, East London

1 bedroom flat for sale
53% below median price

£200,000 - Guide Price

1 bedroom flat for sale

Topmast Point, The Quarterdeck, E14

Properties needing refurbishment in Millwall, East London
Needs Refurb
2 bedroom flat for sale
On market for 178 days

£475,000

2 bedroom flat for sale

Baltimore Wharf, Canary Wharf, Lond...

Slow to sell properties in Millwall, East London
Slow to Sell
3 bedroom apartment for sale
Reduced by 17%

£1,000,000 - Guide Price

3 bedroom apartment for sale

Manchester Road, Isle Of Dogs, Lond...

Big price drop properties in Millwall, East London
Big Price Drop
5 bedroom apartment for sale
High yield opportunity

£950,000

5 bedroom apartment for sale

Empire Wharf Road, London

HMO properties in Millwall, East London
HMO
2 bedroom house boat for sale
66% below median price

£300,000

2 bedroom house boat for sale

Millharbour, Canary Wharf, E14

Low price-per-sq-ft properties in Millwall, East London
Low Price per Sq Ft
1 bedroom flat for sale
32% below median price

£245,000 - Guide Price

1 bedroom flat for sale

Millharbour, LONDON

Auction properties in Millwall, East London
Auction

Achieved vs asking prices

Key takeaway: Balanced market

On average, properties sell slightly below asking; careful comp analysis is key.

Headline stats

• Median discount: £5,000

• 1 in 4 properties sell at > £18,750 below asking

• 1 in 10 properties sell at > £40,000 below asking

In percentage terms:

• Median discount of 1.2%

• 25% of properties discounted by > 3.3%

• 10% of properties discounted by > 5.7%

Best places to invest in Millwall

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1E146.0%-4.0%£748 / sq ft

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.