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 £499,909, £480,260 for a 2 bedroom house, £697,079 for a 3 bedroom house, £837,394 for a 4 bedroom house and £763,750 for a 5 bedroom house. For a flat similarly the prices varies from £458,138 for a single bedroom to £621,522 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £958,461 and £2,531,665 for a 4 bedroom flat. To sum up the asking prices for properties in Tower Hamlets it comes to around average £458,940 for 1 bedroom property, £617,071 for 2 bedroom, £935,469 for 3 bedroom, £1,639,944 for 4 bedroom and £763,750 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 £1,034 for 1 bedroom to £2,136 for 2 bedrooms, £2,971 for 3 bedrooms, £3,655 for 4 bedrooms and £3,231 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,532. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,779, £3,984 for 3 bedroom and £7,944 for 4 bedroom. You should be generally be expecting around average £1,500 rent per month for single bedroom property, £2,752 for 2 bedroom, £3,879 for 3 bedroom, £5,673 for 4 bedroom and approximately £3,231 for a 5 bedroom property in Tower Hamlets area.