Homerton House Prices, London
Homerton is an area, located in the borough Hackney.
Homerton House Prices
![Homerton house prices chart Homerton house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-527.webp)
As of June, 2024, the average house prices in Homerton are as follows:
- studio – £299,000 (-0.17%)
- 1 bedroom flat – £357,500 (-0.72%)
- 2 bedroom flat – £425,000 (-5.53%)
- 3 bedroom flat – £685,000 (-5.98%)
- 4 bedroom flat – £950,000 (5.46%)
- 5 bedroom flat – £1,187,500 (-7.47%)
Keep in mind that these are simply the average rates for Homerton 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 Homerton, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Homerton house price is £475,000, high by 5.56% as of £450,000 in May, 2024.
- Currently, there are 82 houses for sale and an average of 8 property sales per month. The real estate market is stable, with a good balance between properties for sale and buyer demand, resulting in stable prices.
Check back next month for updated Homerton house prices.
Homerton House Prices Growth
![Homerton house price growth Homerton house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-527.webp)
The average house price in Homerton over the last 5 years is as follows:
- 2019-06 – £497,280
- 2020-06 – £484,048 (-2.66%)
- 2021-06 – £526,260 (8.72%)
- 2022-06 – £546,897 (3.92%)
- 2023-06 – £562,352 (2.83%)
- 2024-06 – £572,010 (1.72%)
Sold house prices in Homerton have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 15%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Homerton house prices, it’s also wise to keep an eye on house rent prices in Homerton. 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 Homerton.