Wapping House Prices, London
Wapping is an area, located in the borough Tower Hamlets.
Wapping House Prices
As of June, 2024, the average house prices in Wapping are as follows:
- studio – £327,500 (-7.78%)
- 1 bedroom flat – £487,500 (-1.3%)
- 2 bedroom flat – £700,000 (-4.31%)
- 3 bedroom flat – £1,000,000 (-6.22%)
- 4 bedroom flat – £1,125,000 (-5.18%)
- 5 bedroom flat – £3,600,000 (0%)
Keep in mind that these are simply the average rates for Wapping 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 Wapping, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Wapping house price is £672,500, high by 3.46% as of £650,000 in May, 2024.
- Currently, there are 300 houses for sale and an average of 6 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Wapping house prices.
Wapping House Prices Growth
The average house price in Wapping over the last 5 years is as follows:
- 2019-06 – £597,145
- 2020-06 – £612,638 (2.59%)
- 2021-06 – £540,766 (-11.73%)
- 2022-06 – £584,550 (8.1%)
- 2023-06 – £593,385 (1.51%)
- 2024-06 – £513,405 (-13.48%)
Sold house prices in Wapping have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now down 14%. Therefore, at the moment, you may be able to purchase real estate at a more favourable price than five years ago.
In addition to checking the average Wapping house prices, it’s also wise to keep an eye on house rent prices in Wapping. 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 Wapping.