Shadwell

The Shallow Creek Bay

Area Guide For Shadwell

Shadwell is an area in East London. It is located in London Borough of Tower Hamlets. On the South there is Thames, right in between Wapping and Ratcliff. Charing Cross is only 3 miles away from this area. This area majorly covers the Easter end of London. The educational and transportation facilities in the area are quite extraordinary this is why it is a place for younger families and people who want more employment opportunities. You can easily commute to major parts of London as well.

 
 

Tags

Railway
Transport
Culture
Art
River
Education

Overview

  • The Neighbors

    Few well-built flats and small houses.

  • Ideal for

    Local businessmen and industrialists.

  • Deal Sealer

    Transportation and Educational facilities.

  • Not for

    Retired people or ones who like to live a luxurious life.

  • You will Like

    Transport and Education.

Shadwell Map

Estimated Price: £670,972
Average Asking Price: £778,877
Price change in last one year: £74,426
Average Price Paid: £329,663
Average Rent Rates: £2,070

 
 

Property Prices Breakdown in Shadwell

Average Price for property in Shadwell is around £670,972 which varies based on type of property you are interested in and ranges from £993,941 for detached house to around £750,587 for semi-detached. Similarly terraced house is around £761,934 and a flat is worth £657,261. Values have been changing and have risen £6,533 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,154 in last 6 months, £74,426 in last 1 year, £133,157 in last 2 years, £159,630 in last 3 years, £163,031 in last 4 years and £169,140 in last 5 years.

Currently average asking price of a property in Shadwell is around £778,877 based on approximately 171 properties for sale. Same is the case with rental options based on 1,017 properties up for rent, average asking rent is around £2,070 per month.

Estimated property value in Shadwell is £670,972. Average asking price is £778,877 while average price paid is £381,769 which is up by £74,426 and Avg. asking rent £2,070.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 Shadwell area. In last 1 year alone average price buyer paid is around £381,769 based on approximately 171 sales in Shadwell area alone. If you compare it to last 3 years sales of 607 properties where buyers paid around £337,829. 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 £329,663 for 915 and average amount paid for purchase of approx. 1,212 properties sold in last 7 years comes to about £326,093 per sale.

 
 

Properties For Sale in Shadwell

 
 

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 £706,000, £726,450 for a 2 bedroom house, £1,412,375 for a 3 bedroom house, £1,539,992 for a 4 bedroom house and £864,999 for a 5 bedroom house. For a flat similarly the prices varies from £603,069 for a single bedroom to £767,584 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,037,463, £678,564 for a 4 bedroom flat and £705,000 for a 5 bedroom flat. To sum up the asking prices for properties in Shadwell it comes to around average £604,784 for 1 bedroom property, £765,939 for 2 bedroom, £1,063,773 for 3 bedroom, £1,076,146 for 4 bedroom and £784,999 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 £1,292 for 1 bedroom to £3,711 for 2 bedrooms, £2,776 for 3 bedrooms, £3,010 for 4 bedrooms and £3,716 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,610. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,184, £2,811 for 3 bedroom, £2,212 for 4 bedroom and around £3,012 for 5 bedroom flat. You should be generally be expecting around average £1,584 rent per month for single bedroom property, £2,218 for 2 bedroom, £2,804 for 3 bedroom, £2,430 for 4 bedroom and approximately £3,481 for a 5 bedroom property in Shadwell area.

Popular Houses in Shadwell

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 Shadwell

Sum it all up

 The Good

- Transport
- Education
 

 Best For

- Young families
- Local businessmen

 The Bad

- Traffic
- Densely populated

Transportation in Shadwell

Browse by Streets in Shadwell