Globe Town

The Green and Poor's Land

Area Guide For Globe Town

Globe Town is a small district in East London that is a part of London Borough of Tower Hamlets. It is 3.3 miles within the vicinity of Charing Cross. It was at first located in the Parish of Stepney, Middlesex. During the expansion of London, this area actually became over-crowded because there were fewer changes taking place. However, later people started to move out. There are quite a lot of local businesses from which the people are facilitated.



Cheap housing


  • The Neighbors

    Many public houses with newer apartments are being built.

  • Ideal for

    Young families.

  • Deal Sealer

    Local businesses and employment opportunities.

  • Not for

    People who like to live a luxurious life.

  • You will Like

    Cultural diversity and landmarks.

Globe Town Map

Estimated Price: £411,523
Average Asking Price: £550,518
Price change in last one year: £42,755
Average Price Paid: £310,844
Average Rent Rates: £2,165


Property Prices Breakdown in Globe Town

Average Price for property in Globe Town is around £411,523 which varies based on type of property you are interested in and ranges from £489,983 for detached house to around £576,799 for semi-detached. Similarly terraced house is around £617,447 and a flat is worth £392,770. Values have been changing and have risen £3,234 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,255 in last 6 months, £42,755 in last 1 year, £81,609 in last 2 years, £89,661 in last 3 years, £93,877 in last 4 years and £104,476 in last 5 years.

Currently average asking price of a property in Globe Town is around £550,518 based on approximately 123 properties for sale. Same is the case with rental options based on 458 properties up for rent, average asking rent is around £2,165 per month.

Estimated property value in Globe Town is £411,523. Average asking price is £550,518 while average price paid is £380,461 which is up by £42,755 and Avg. asking rent £2,165.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 Globe Town area. In last 1 year alone average price buyer paid is around £380,461 based on approximately 123 sales in Globe Town area alone. If you compare it to last 3 years sales of 337 properties where buyers paid around £328,712. 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 £310,844 for 533 and average amount paid for purchase of approx. 673 properties sold in last 7 years comes to about £296,467 per sale.


Properties For Sale in Globe Town


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 £475,000, £596,421 for a 2 bedroom house, £801,989 for a 3 bedroom house, £524,995 for a 4 bedroom house and £1,500,000 for a 5 bedroom house. For a flat similarly the prices varies from £438,141 for a single bedroom to £531,406 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £648,756, £498,332 for a 4 bedroom flat and £800,000 for a 5 bedroom flat. To sum up the asking prices for properties in Globe Town it comes to around average £439,457 for 1 bedroom property, £537,094 for 2 bedroom, £670,647 for 3 bedroom, £500,998 for 4 bedroom and £1,266,667 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 £1,640 for 1 bedroom to £1,913 for 2 bedroom, £2,805 for 3 bedroom and £3,052 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,636. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,122, £2,596 for 3 bedroom, £3,247 for 4 bedroom and around £737 for 5 bedroom flat. You should be generally be expecting around average £1,636 rent per month for single bedroom property, £2,112 for 2 bedroom, £2,679 for 3 bedroom, £3,196 for 4 bedroom and approximately £737 for a 5 bedroom property in Globe Town area.

Popular Houses in Globe Town

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 Globe Town

Sum it all up

 The Good

- Cultural diversity
- Good transportation

 Best For

- People who want to live in cheaper houses
- Generally cheap with local businesses working perfectly

 The Bad

- Traffic
- Noise

Transportation in Globe Town

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