A complete guide to property investment in Millwall.
Last updated: 18 September 2025
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.
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 prices in Millwall, East London
* Extreme prices clipped for legibility
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
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.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Millwall, East London
£200,000 - Guide Price
1 bedroom flat for sale
Topmast Point, The Quarterdeck, E14
£475,000
2 bedroom flat for sale
Baltimore Wharf, Canary Wharf, Lond...
£1,000,000 - Guide Price
3 bedroom apartment for sale
Manchester Road, Isle Of Dogs, Lond...
£950,000
5 bedroom apartment for sale
Empire Wharf Road, London
£300,000
2 bedroom house boat for sale
Millharbour, Canary Wharf, E14
£245,000 - Guide Price
1 bedroom flat for sale
Millharbour, LONDON
On average, properties sell slightly below asking; careful comp analysis is key.
• 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%
Top postcodes for rental yield and (annualised) capital growth
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.