Poplar House Prices, London
Poplar is an area, located in the borough Tower Hamlets.
Poplar House Prices
![Poplar house prices chart Poplar house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-104.webp)
As of June, 2024, the average house prices in Poplar are as follows:
- studio – £325,000 (-1.43%)
- 1 bedroom flat – £400,000 (-1%)
- 2 bedroom flat – £575,000 (-1.97%)
- 3 bedroom flat – £725,000 (-3.6%)
- 4 bedroom flat – £840,000 (-7%)
- 5 bedroom flat – £550,000 (-9%)
Keep in mind that these are simply the average rates for Poplar 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 Poplar, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Poplar house price is £485,000, high by 1.04% as of £480,000 in May, 2024.
- Currently, there are 1,525 houses for sale and an average of 17 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Poplar house prices.
Poplar House Prices Growth
![Poplar house price growth Poplar house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-104.webp)
The average house price in Poplar over the last 5 years is as follows:
- 2019-06 – £463,655
- 2020-06 – £474,278 (2.29%)
- 2021-06 – £606,640 (27.91%)
- 2022-06 – £626,873 (3.34%)
- 2023-06 – £513,833 (-18.03%)
- 2024-06 – £473,281 (-7.89%)
Sold house prices in Poplar 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 Poplar in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Poplar house prices, it’s also wise to keep an eye on house rent prices in Poplar. 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 Poplar.