Area Guide For Whitechapel

Whitechapel is a district in East London, it comes under the a working-class neighbourhood, known best for its location of the infamous Jack the Ripper murders of the late 1880s.  Another well known figure around this time was the "Elephant Man", Joseph Merrick well known in Whitechapel, he was exhibited in a shop on the Whitechapel Road before being helped by Dr Frederick Treves at the Royal London Hospital, opposite this particular shop. There is a museum in the hospital about his life. Today Whitechapel’s’ residents are of varied ethnicity backgrounds, the multi cultural society is vibrant and educational, an area full of entertainment and life.


Whitechapel Map

Estimated Price: £686,698
Average Asking Price: £798,044
Price change in last one year: £75,691
Average Price Paid: £425,980
Average Rent Rates: £2,054


Property Prices Breakdown in Whitechapel

Average Price for property in Whitechapel is around £686,698 which varies based on type of property you are interested in and ranges from £1,044,278 for detached house to around £758,349 for semi-detached. Similarly terraced house is around £787,341 and a flat is worth £673,555. Values have been changing and have risen £6,644 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,360 in last 6 months, £75,691 in last 1 year, £135,419 in last 2 years, £162,339 in last 3 years, £165,799 in last 4 years and £172,011 in last 5 years.

Currently average asking price of a property in Whitechapel is around £798,044 based on approximately 575 properties for sale. Same is the case with rental options based on 613 properties up for rent, average asking rent is around £2,054 per month.

Estimated property value in Whitechapel is £686,698. Average asking price is £798,044 while average price paid is £502,220 which is up by £75,691 and Avg. asking rent £2,054.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 Whitechapel area. In last 1 year alone average price buyer paid is around £502,220 based on approximately 575 sales in Whitechapel area alone. If you compare it to last 3 years sales of 1,429 properties where buyers paid around £457,825. 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 £425,980 for 2,157 and average amount paid for purchase of approx. 3,017 properties sold in last 7 years comes to about £410,748 per sale.


Properties For Sale in Whitechapel


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, £1,034,833 for a 2 bedroom house, £695,000 for a 3 bedroom house and £819,998 for a 5 bedroom house. For a flat similarly the prices varies from £635,901 for a single bedroom to £788,710 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,331,578, £708,738 for a 4 bedroom flat and £735,000 for a 5 bedroom flat. To sum up the asking prices for properties in Whitechapel it comes to around average £637,639 for 1 bedroom property, £793,837 for 2 bedroom, £1,319,097 for 3 bedroom, £708,738 for 4 bedroom and £785,999 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 £1,462 for 1 bedroom to £1,837 for 2 bedroom, £2,797 for 3 bedroom and £3,423 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,700. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,179, £3,045 for 3 bedroom, £2,732 for 4 bedroom and around £3,012 for 5 bedroom flat. You should be generally be expecting around average £1,681 rent per month for single bedroom property, £2,170 for 2 bedroom, £3,007 for 3 bedroom, £2,818 for 4 bedroom and approximately £3,012 for a 5 bedroom property in Whitechapel area.

Popular Houses in Whitechapel

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.

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