Blackwall & Cubitt Town House Prices, London
Blackwall & Cubitt Town is an area, located in the borough Tower Hamlets.
Blackwall & Cubitt Town House Prices
![Blackwall & Cubitt Town house prices chart Blackwall & Cubitt Town house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-472.webp)
As of June, 2024, the average house prices in Blackwall & Cubitt Town are as follows:
- studio – £300,000 (-8.94%)
- 1 bedroom flat – £400,000 (0.29%)
- 2 bedroom flat – £600,000 (-1.4%)
- 3 bedroom flat – £937,500 (-0.68%)
- 4 bedroom flat – £897,500 (0.59%)
Keep in mind that these are simply the average rates for Blackwall & Cubitt Town house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Blackwall & Cubitt Town, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Blackwall & Cubitt Town house price is £500,000, low by 0% as of £500,000 in May, 2024.
- Currently, there are 134 houses for sale and an average of 3 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Blackwall & Cubitt Town house prices.
Blackwall & Cubitt Town House Prices Growth
![Blackwall & Cubitt Town house price growth Blackwall & Cubitt Town house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-472.webp)
The average house price in Blackwall & Cubitt Town over the last 5 years is as follows:
- 2019-06 – £462,554
- 2020-06 – £472,925 (2.24%)
- 2021-06 – £610,268 (29.04%)
- 2022-06 – £630,932 (3.39%)
- 2023-06 – £514,318 (-18.48%)
- 2024-06 – £473,315 (-7.97%)
Sold house prices in Blackwall & Cubitt Town have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 2%. Thus, if the trend continues, purchasing real estate in Blackwall & Cubitt Town in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Blackwall & Cubitt Town house prices, it’s also wise to keep an eye on house rent prices in Blackwall & Cubitt Town. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Blackwall & Cubitt Town.