Important Factors to Consider When Buying Property in Silvertown

Silvertown, an emerging area in the London borough of Newham, has become a focal point for potential homebuyers and investors looking for property opportunities in London. Nestled on the banks of the River Thames, this industrial heritage area is undergoing significant transformation through redevelopment efforts and improvements in infrastructure. In this blog, we will explore the critical factors to consider when buying property in Silvertown, including investment potential, redevelopment plans, demographics, current market data, average prices, best restaurants, schools and local attractions.

Investment Potential

Silvertown’s investment potential is rapidly increasing, making it an appealing destination for property buyers. With ongoing regeneration efforts, the area is transitioning from its industrial past into a modern residential community. The proximity to Canary Wharf and the City of London adds to its allure, particularly for professionals seeking short commutes.

The presence of the Thames Clipper riverboat service and the nearby Docklands Light Railway (DLR) provides excellent transport links, enhancing Silvertown’s accessibility. As new housing developments emerge, the demand for rental properties is expected to rise, offering promising yields for investors. With property prices anticipated to grow as the area develops, buying in Silvertown presents a compelling opportunity for both seasoned investors and first-time buyers.

Redevelopment Plans

Silvertown is currently undergoing a significant transformation with ambitious redevelopment plans aimed at revitalising the area. Key projects include:

– The Silvertown Quays Development: This major waterfront project will transform former industrial land into a vibrant mixed-use community. Plans include residential units, commercial spaces, retail outlets and leisure facilities, creating a self-sustained environment that attracts both residents and businesses.

– Silvertown Tunnel: opened in April 2025, this new road tunnel will enhance connectivity between Silvertown and the Greenwich Peninsula. The tunnel aims to alleviate congestion and improve transportation efficiency, addressing a long-standing concern for local residents and businesses.

– Public Spaces and Amenities: The redevelopment includes the creation of new parks, waterfront spaces and recreational facilities. These improvements will enhance the quality of life for residents and contribute to the area’s appeal for families and young professionals.

Demographics

Understanding the demographic landscape of Silvertown can provide valuable insights into the community you’re considering joining. The area features a diverse population, with an increasing number of young professionals and families drawn to its affordable housing options and proximity to employment hubs.

As of the latest data, the median age of residents is around 35 years, representing a mix of ages and backgrounds. This diverse demographic fosters a vibrant community atmosphere, with residents of various cultural backgrounds contributing to the local culture, amenities and events. Families will find an increasingly community-oriented environment, where residents come together around shared interests, particularly in local events and community initiatives.

Updated Market Data

As of 2023, the property market in Silvertown shows positive growth trends. The average property price in the area is approximately £450,000, significantly lower than many central London boroughs, making it an attractive choice for first-time buyers.

The rental market is also on the rise, with one-bedroom flats averaging around £1,500 per month, while two-bedroom properties can be found for approximately £1,800. The rising demand for rental properties reflects the increasing population and economic activity in the area, making it a viable option for investors looking to capitalise on market growth.

Average Prices

The following is a breakdown of average property prices in Silvertown as of 2023:

– One-bedroom flats: £350,000 – £400,000

– Two-bedroom flats: £400,000 – £550,000

– Three-bedroom houses: £600,000 – £800,000

– Larger family homes: upwards of £900,000

These prices illustrate that Silvertown remains a relatively affordable option compared to neighbouring areas, making it accessible to a broader range of buyers.

Best Restaurants

Silvertown and its surrounding areas are home to a burgeoning culinary scene that offers a mix of traditional and contemporary dining experiences. Some noteworthy restaurants include:

– The Gun: A charming riverside pub with a rich history, The Gun offers a seasonal British menu featuring locally sourced ingredients, complemented by stunning views of the river.

– The Windjammer: British gastropub with modern European touches. This family-friendly pub near Royal Docks offers stunning views of the Thames alongside seasonal British dishes. Its maritime-inspired interior has large windows overlooking the Thames Barrier, and the patio is perfect for outdoor dining.

– Marina Grill Restaurant: Mediterranean seafood with British twists. Situated on the Royal Victoria Dock boardwalk, this modest yet elegant spot serves dishes like grilled seabass, lobster rolls and salt-crust baked red snapper. The industrial-style décor with exposed steel beams and nautical artwork creates a unique riverside vibe.

– Pier Masala: Serving North Indian tandoor specialities, this long-standing favourite in North Woolwich, offers expertly spiced dishes like murgh malai kebab (cream-marinated chicken) and lamb raan slow-cooked for two days.

Best Schools

Families considering a move to Silvertown will find various educational options available. Notable schools in the area include:

– Royal Greenwich Trust School: A highly regarded secondary school known for its commitment to academic excellence and a wide range of extracurricular activities.

– East Greenwich Primary School: This popular primary school provides an engaging curriculum and a supportive environment for young learners, fostering a love for learning.

– John Roan School: Located nearby, this secondary school offers a diverse curriculum and a strong focus on student achievement, supported by various community partnerships.

Things to Do

Silvertown boasts a variety of attractions and activities that cater to residents and visitors alike. Here are a few highlights:

– Thames Barrier Park: An impressive riverside park featuring beautifully landscaped gardens, walking paths and striking views of the Thames Barrier, providing a perfect spot for relaxation and recreation.

– Excel London: This prominent exhibition and conference centre hosts a range of events throughout the year, from trade shows to entertainment events, making it a bustling hub of activity.

– Greenwich Peninsula: Close by, this vibrant area features the O2 arena, offering concerts and entertainment, as well as a variety of shops and restaurants.

– The Thames Path: Perfect for walking, cycling or jogging, this scenic route along the River Thames offers picturesque views and a chance to explore the uniqueness of the riverbank.

Conclusion

Buying property in Silvertown presents an exciting opportunity for first-time buyers, families and investors alike. With its rich history, ongoing redevelopment and vibrant community, Silvertown is poised for future growth, making it an attractive option for those looking to buy in London.

By considering the various factors outlined in this guide, you will be well-prepared to navigate the property market in Silvertown and make informed decisions that align with your personal circumstances and investment goals. Whether you are drawn by its potential for appreciation, modern amenities, or community spirit, Silvertown is quickly becoming one of London’s most promising locations for property ownership.

As with any investment decision, when buying a property it’s vital that you do your homework carefully. As well as fully researching the location and market that you are looking to buy in, it’s vital that you seek advice of experts, including surveyors and financial advisors. Alexander JLO, its Partners and employees cannot provide specific advice on choice of location or the market but can advise on all matters legal once you have made a decision to buy a property.

If you are looking for a first rate conveyancing service why not give one of Alexander JLO’s specialist property lawyers a call on 020 7537 7000, click on the get a quote button or email quote@london-law.co.uk for a free, no-obligation quotation? Come and see what we can do for you.

This blog was prepared by Alexander JLO’s property partner Matt Johnson on 2025 and is correct at the date of publication. Matt has many years of experience of dealing with property work and specialises in new build and shared ownership properties.  His profile on the independent Review Solicitor website and be found here