Shoreditch

A Trendy and Multicultural Town

Area Guide For Shoreditch

It is a very historic and trendy town with decent educational and transport facilities. Shoreditch is one of the most famous shopping and dining destinations in the capital, and is also known for its wonderful art galleries. The houses here are slightly expensive, but the facilities available here and the great architecture makes it all worthwhile.

 
 

Tags

Schools
Pubs
Houses
Park life
Shops
Transportation

Overview

  • The Neighbors

    The neighbourhood can be divided into three parts. On the eastern side, there is the Bangla Town and Brick Lane with an assortment of fine and cheap eateries and a range of shops. To the west are the Liverpool Towers and the surroundings have lavishly built detached and semi-detached houses. In between the two sides is the Spitalfields market, a hub of cuisine, music and art.

  • Ideal for

    Middle and Upper Class Families, Young Professionals

  • Deal Sealer

    A great shopping and eating destination

  • Not for

    People who are more inclined towards rural surroundings

  • You will Like

    Transport, Places, Range of Houses

Shoreditch Map

Estimated Price: £678,246
Average Asking Price: £865,148
Price change in last one year: £75,935
Average Price Paid: £525,672
Average Rent Rates: £2,633

 
 

Property Prices Breakdown in Shoreditch

Average Price for property in Shoreditch is around £678,246 which varies based on type of property you are interested in and ranges from £1,111,078 for detached house to around £973,044 for semi-detached. Similarly terraced house is around £952,209 and a flat is worth £640,289. Values have been changing and have risen £6,665 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,400 in last 6 months, £75,935 in last 1 year, £135,857 in last 2 years, £162,864 in last 3 years, £166,333 in last 4 years and £172,565 in last 5 years.

Currently average asking price of a property in Shoreditch is around £865,148 based on approximately 793 properties for sale. Same is the case with rental options based on 1,154 properties up for rent, average asking rent is around £2,633 per month.

Estimated property value in Shoreditch is £678,246. Average asking price is £865,148 while average price paid is £604,786 which is up by £75,935 and Avg. asking rent £2,633.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Shoreditch area. In last 1 year alone average price buyer paid is around £604,786 based on approximately 793 sales in Shoreditch area alone. If you compare it to last 3 years sales of 2,273 properties where buyers paid around £560,748. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £525,672 for 3,241 and average amount paid for purchase of approx. 4,203 properties sold in last 7 years comes to about £495,385 per sale.

 
 

Properties For Sale in Shoreditch

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £594,362, £871,667 for a 2 bedroom house, £1,394,081 for a 3 bedroom house, £2,923,999 for a 4 bedroom house and £2,700,000 for a 5 bedroom house. For a flat similarly the prices varies from £649,785 for a single bedroom to £911,455 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,039,630, £650,000 for a 4 bedroom flat and £800,000 for a 5 bedroom flat. To sum up the asking prices for properties in Shoreditch it comes to around average £647,523 for 1 bedroom property, £910,827 for 2 bedroom, £1,088,367 for 3 bedroom, £2,544,999 for 4 bedroom and £2,383,333 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £2,104 for 1 bedroom to £5,557 for 2 bedroom, £3,396 for 3 bedroom and £3,120 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,083. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,729, £3,314 for 3 bedroom, £3,221 for 4 bedroom and around £3,683 for 5 bedroom flat. You should be generally be expecting around average £2,083 rent per month for single bedroom property, £2,798 for 2 bedroom, £3,334 for 3 bedroom, £3,210 for 4 bedroom and approximately £3,683 for a 5 bedroom property in Shoreditch area.

Popular Houses in Shoreditch

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Shoreditch

Sum it all up

 The Good

- Good Schools
- Places
- Access to Amenities
- Transport
- Ranges of Houses
- Architecture

 Best For

- Upper and Middle Class Families
- Professionals

 

 The Bad

- Some streets are quite pricey
- Park Life

Transportation in Shoreditch

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