Cubitt Town House Prices, London
Cubitt Town is an area, located in the borough Tower Hamlets.
Cubitt Town House Prices
As of June, 2024, the average house prices in Cubitt Town are as follows:
- studio – £280,000 (-37.08%)
- 1 bedroom flat – £350,000 (-0.71%)
- 2 bedroom flat – £525,000 (0.7%)
- 3 bedroom flat – £670,000 (6.19%)
- 4 bedroom flat – £925,000 (-3.65%)
- 5 bedroom flat – £962,500 (1.76%)
Keep in mind that these are simply the average rates for 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 Cubitt Town, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Cubitt Town house price is £485,000, high by 2.11% as of £475,000 in May, 2024.
- Currently, there are 130 houses for sale and an average of 5 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Cubitt Town house prices.
Cubitt Town House Prices Growth
The average house price in 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 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 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 Cubitt Town house prices, it’s also wise to keep an eye on house rent prices in 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 Cubitt Town.