You are here: Property Solvers Home Homeowners Hub London House Prices House Prices in Spitalfields

Spitalfields House Prices

The average house price in Spitalfields is £558,750 using HM Land Registry data.

The average property price decreased by £147,726 (-18.39%) over the last 5 years and decreased by £29,533 (-4.31%) over the last 12 months.

Over the last year, there were 68 residential property sales – a decrease of 9 transactions (-13.24%) relative to the previous year. The majority of house sales (20) were in the £370,000 - £494,000 range. Then came properties in the £618,000 - £742,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,897 (-3%).

In Nov 2025, there were 14 new estate agency instructions, 9 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in Spitalfields

-18.39%

Property prices in Spitalfields decreased by -18.39% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Spitalfields Over the Last Year

-4.31%

Property prices in Spitalfields decreased by -4.31% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Spitalfields - Nov 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Spitalfields

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Spitalfields

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Spitalfields

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Spitalfields since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Spitalfields area since 1995.

Recent Property Sales in Spitalfields

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 3, 67 Tilney House, Princelet Street, London, E1 5LP	£450,000	£420,000	-£30,000	12 Feb 2025	27 Nov 2025	288 Days
Flat 3, 56, Folgate Street, London, E1 6UW	£425,000	£416,000	-£9,000	14 Feb 2025	24 Oct 2025	252 Days
Flat 201, Blair Peach House, Benjamin Truman Close, London, E1 5FA	£440,000	£435,000	-£5,000	14 Feb 2025	10 Oct 2025	238 Days
Flat 14, 54, Folgate Street, London, E1 6UN	£730,000	£700,000	-£30,000	11 Mar 2025	24 Sep 2025	197 Days
Flat 7, Stuttle House, Buxton Street, London, E1 5EJ	£425,000	£417,500	-£7,500	22 Oct 2024	15 Sep 2025	328 Days
Flat 901, 17 Vega House, Hemming Street, London, E1 5GA	£850,000	£820,000	-£30,000	18 Mar 2025	19 Aug 2025	154 Days
Flat 46, 11 Kensington Apartments, Commercial Street, London, E1 6LW	£750,000	£710,000	-£40,000	04 Oct 2024	18 Aug 2025	318 Days
Flat 50, 58 Eagle Works East, Quaker Street, London, E1 6SX	£575,000	£555,000	-£20,000	21 Feb 2025	25 Jul 2025	154 Days
Flat 502, Sol Frankel House, Pedley Street, London, E1 5FQ	£500,000	£500,000	£0	24 Oct 2024	16 Jul 2025	265 Days
6 Albion Yard, London, E1 1BW	£600,000	£592,500	-£7,500	23 Oct 2024	11 Jul 2025	261 Days
Flat 17, 54, Folgate Street, London, E1 6UN	£675,000	£645,000	-£30,000	01 Feb 2025	09 Jun 2025	128 Days

Most Expensive Streets in Spitalfields

Postcode	Street	Area	Average	No. of Sales
E1 6QE	Fournier Street	London	£4,333,333	3
E1 6QH	Princelet Street	London	£2,976,000	5
E1 6BX	Folgate Street	London	£1,384,166	3
E1 5LP	Princelet Street	London	£1,273,571	7
E1 6NP	Wheler Street	London	£1,161,250	4
E1 6NW	Calvin Street	London	£1,057,200	5
E1 6BG	Commercial Street	London	£1,020,666	3
E1 6NQ	Commercial Street	London	£922,500	6
E1 6NG	Commercial Street	London	£847,100	5
E1 6QZ	Osborn Street	London	£835,416	12

Least Expensive Streets in Spitalfields

Postcode	Street	Area	Average	No. of Sales
E1 7AN	Houblon Apartments	Tyne Street, London	£222,375	4
E1 5BH	Hughes Mansions	Vallance Road	£293,500	3
E1 7NY	Arcadia Court	Old Castle Street, London	£358,857	7
E1 5JR	Kingward House	Hanbury Street, London	£372,447	3
E1 6EB	Commercial Street	London	£374,666	6
E1 7TS	Goulston Street	London	£378,833	6
E1 5NW	Evelyn House	Greatorex Street, London	£388,200	5
E1 5JP	Hanbury Street	London	£414,375	4
E1 5AB	Vallance Road	London	£422,291	3
E1 7PR	New Goulston Street	London	£431,166	3