Canary Wharf House Prices, London
Canary Wharf is an area, located in the borough Tower Hamlets.
Canary Wharf House Prices
As of June, 2024, the average house prices in Canary Wharf are as follows:
- studio – £425,000 (0.23%)
- 1 bedroom flat – £450,000 (-3.42%)
- 2 bedroom flat – £648,000 (-6.38%)
- 3 bedroom flat – £900,000 (-3.74%)
- 4 bedroom flat – £1,000,000 (-19.02%)
- 5 bedroom flat – £965,000 (0.1%)
Keep in mind that these are simply the average rates for Canary Wharf 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 Canary Wharf, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Canary Wharf house price is £585,000, low by 0% as of £585,000 in May, 2024.
- Currently, there are 2,173 houses for sale and an average of 25 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Canary Wharf house prices.
Canary Wharf House Prices Growth
The average house price in Canary Wharf 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 Canary Wharf 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 Canary Wharf in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Canary Wharf house prices, it’s also wise to keep an eye on house rent prices in Canary Wharf. 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 Canary Wharf.