Edmonton or Woolwich: Which Is Better Value?
Edmonton averages £425,000 against £405,000 in Woolwich, a gap of £20,000 or 5%. You would need £2,000 more deposit and about £105 a month more on a repayment mortgage at an assumed 5% over 25 years. Woolwich charges £160 less council tax at Band D.
Edmonton averages £425,000 against £405,000 in Woolwich, a gap of £20,000 or 5%. You would need £2,000 more deposit and about £105 a month more on a repayment mortgage at an assumed 5% over 25 years. Woolwich charges £160 less council tax at Band D.
Price and deposit
The headline gap is £20,000, or 5%. On a 10% deposit that is £2,000 more cash to find before you start. Detached homes average £637,500 against £607,500.
Edmonton against Woolwich
Town guides for each: Mortgage advice in Edmonton and Mortgage advice in Woolwich.
Schools and families
Both towns show 0 Outstanding rated schools, so the choice turns on Good rated capacity and catchment distance. Counting last graded Ofsted inspections (before September 2024), Edmonton has 4 schools and Woolwich has 1 school graded Good or better.
A strong catchment in the cheaper town can cost more than an average street in the dearer one. Compare catchments, not averages.
Running costs and getting to work
Band D council tax is £2,268 in Edmonton and £2,108 in Woolwich, a difference of £160 a year.
The honest verdict
Woolwich is cheaper to buy on these figures. Edmonton carries the higher price and, on this data, the stronger school profile.
Neither is right in the abstract. If the deposit is your constraint, the £2,000 difference matters more than anything else here. If catchment is the constraint, price follows the school you need.
What each town is actually like
Price is one axis. These are the things people move for, and the things they find out afterwards.
Edmonton
In its favour- A comparatively affordable London district
- Direct Overground & Lea Valley trains to Liverpool Street
- Good local schools
- North Middlesex Hospital A&E in the area
- A busy, mixed working district
- No Tube in Edmonton itself
- Traffic and noise on the North Circular/A10
- Flats/ex-council/new-builds need lease checks
Best for First-time buyers ★★★★★
One of the more affordable parts of London, ex-council and purpose-built flats from around £275,000 to £375,000 and terraces below the London average, with direct trains into Liverpool Street, makes Edmonton a genuine first step onto the London ladder.
Woolwich
In its favour- The Elizabeth line, Canary Wharf in ~8 minutes
- The DLR, National Rail, ferry and river bus
- Its own hospital with A&E (Queen Elizabeth)
- Riverside living at the Royal Arsenal
- A busy town still in the middle of regeneration
- Much of the new stock is leasehold flats
- Service charges on new-build flats can be high
- Tidal flood zoning near the river (Barrier-protected)
Best for First-time buyers ★★★★★
The Elizabeth line and DLR plus a wave of new-build flats at the Royal Arsenal make Woolwich one of South East London's better-value ways in, check tenure and service charges.
Edmonton and Woolwich, side by side
| Measure | Edmonton | Woolwich |
|---|---|---|
| Average property price | £425,000 | £405,000 |
| Average detached | £637,500 | £607,500 |
| 10% deposit | £42,500 | £40,500 |
| Illustrative monthly payment | £2,236 | £2,131 |
| Band D council tax | £2,268 | £2,108 |
| Outstanding rated schools | 0 | 0 |
| Good rated schools | 4 | 1 |
Local averages used for illustration. Confirm your own figures before acting.
Ask about Edmonton
Three details is all we need. You are told before anything is passed to a partner firm.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Edmonton or Woolwich
Broadband speeds can vary street by street in Edmonton or Woolwich, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
Is Edmonton or Woolwich cheaper?
Which has better schools?
Which is cheaper to run?
How do I check broadband speed at a property in Edmonton or Woolwich?
Read next
Your home may be repossessed if you do not keep up repayments on your mortgage.