The Grown Out Village

Area Guide For Stepney

Stepney is a district within the London Borough of Tower Hamlets. It was once a grew out village around St Dunstan's Church and now it is a district that supports a huge population. In the early 60's, the area was fully revamped most problems that existed in the area were removed. These problems include the likes of poverty, over-crowding, political dissent and violence. The victorian era's terraced housing can still be seen in certain patches but mostly newer houses can be seen due to the development in the area.



Terraced Housing
Victorian Era
Georgian Housing


  • The Neighbors

    Some Georgian and Victorian era's houses are still available in patches, but the rest are newly developed.

  • Ideal for

    People who like to live in bigger houses.

  • Deal Sealer

    Everything is easily available.

  • Not for

    People who like to live in crowded cities.

  • You will Like

    Transport, health facilities, governance and local businesses.

Stepney Map

Estimated Price: £652,888
Average Asking Price: £778,877
Price change in last one year: £73,904
Average Price Paid: £351,192
Average Rent Rates: £2,070


Property Prices Breakdown in Stepney

Average Price for property in Stepney is around £652,888 which varies based on type of property you are interested in and ranges from £1,027,045 for detached house to around £707,557 for semi-detached. Similarly terraced house is around £733,705 and a flat is worth £640,105. Values have been changing and have risen £6,487 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,068 in last 6 months, £73,904 in last 1 year, £132,225 in last 2 years, £158,510 in last 3 years, £161,887 in last 4 years and £167,952 in last 5 years.

Currently average asking price of a property in Stepney is around £778,877 based on approximately 194 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 Stepney is £652,888. Average asking price is £778,877 while average price paid is £389,378 which is up by £73,904 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 Stepney area. In last 1 year alone average price buyer paid is around £389,378 based on approximately 194 sales in Stepney area alone. If you compare it to last 3 years sales of 693 properties where buyers paid around £358,550. 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 £351,192 for 1,071 and average amount paid for purchase of approx. 1,407 properties sold in last 7 years comes to about £343,122 per sale.


Properties For Sale in Stepney


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 Stepney 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 Stepney area.

Popular Houses in Stepney

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 Stepney

Sum it all up

 The Good

- Tranpsortation
- Hospital
- Local businesses
- Good, well-built houses

 Best For

- People who like everything to be available close to them
- Commuters
- Doctors
- Families

 The Bad

- Crime rate

Transportation in Stepney

Browse by Streets in Stepney