Whitechapel House Prices, London
Whitechapel is an area, located in the borough Tower Hamlets.
Whitechapel House Prices
![Whitechapel house prices chart Whitechapel house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-100.webp)
As of June, 2024, the average house prices in Whitechapel are as follows:
- studio – £490,000 (2.27%)
- 1 bedroom flat – £475,000 (-0.92%)
- 2 bedroom flat – £625,000 (-3.97%)
- 3 bedroom flat – £750,000 (-6.41%)
- 4 bedroom flat – £900,000 (-4.38%)
- 5 bedroom flat – £1,850,000 (-8.57%)
Keep in mind that these are simply the average rates for Whitechapel 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 Whitechapel, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Whitechapel house price is £550,000, low by 4.35% as of £575,000 in May, 2024.
- Currently, there are 339 houses for sale and an average of 11 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Whitechapel house prices.
Whitechapel House Prices Growth
![Whitechapel house price growth Whitechapel house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-100.webp)
The average house price in Whitechapel 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 Whitechapel 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 Whitechapel house prices, it’s also wise to keep an eye on house rent prices in Whitechapel. 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 Whitechapel.