Latest Flex Office Market Insights: UK Flexible Office Space Report - Q3 2023
Rubberdesk has 302 office spaces with a total capacity for 6,894 desks across 59 buildings, all available to rent right now in East London with live prices.
With 40 operators to choose from including Lenta Space, Work.Life, OSIT, Fora Space and Local London there are options for every style and budget.
Median Office Rate Per Person | £440 |
---|---|
Median Coworking Desk Rate Per Person | £250 |
Flex Floorspace Available (sqm) | 570,300 |
Available Desk Capacity | 11,406 |
The cost of office space in East London varies depending on the location and the number of desks required. With close proximity to the City of London, office space in Shoreditch is the most expensive location, with median prices ranging from £375 for 1-4 people and £935 per desk for a team of 11-15. Like Shoreditch, office space in Spitalfields is also on the higher side for East London ranging from £450 per desk for 11-15 people to £670 for 16-25 desks or more desks.
Office space in Canary Wharf and Whitechapel is more attractively priced, with median costs ranging from £400 to £500 per desk depending on the number of desks required. Wapping has a higher price for 1-4 desks, but a lower price for larger teams. While there are few options for office space in Haggerston, the cost is generally more affordable than other locations in East London.
City | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
---|---|---|---|---|---|---|
Shoreditch | £575 | £600 | £575 | £532 | £700 | £788 |
Spitafields | £490 | £500 | £499 | £531 | £532 | £670 |
Whitechapel | £300 | £480 | £570 | £420 | £421 | £445 |
Hackney | £375 | £440 | £462 | £532 | £800 | £762 |
Hoxton | £473 | £486 | £588 | £705 | £994 | |
Canary Wharf | £400 | £382 | £500 | £450 | £500 | £409 |
Source Rubberdesk. All prices accurate as of September 30, 2023
City | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
---|---|---|---|---|---|---|
Central London | £675 | £667 | £650 | £655 | £716 | £759 |
West London | £385 | £400 | £429 | £485 | £563 | £488 |
East London | £350 | £350 | £410 | £495 | £522 | £520 |
North London | £325 | £350 | £351 | £330 | £429 | £550 |
South London | £257 | £240 | £229 | £400 | £225 |
Source Rubberdesk. All prices accurate as of September 2023
East London is, by most definitions, the area east of the City of London and north of the River Thames. According to the 2011 London Plan, it also includes three boroughs south of the river.
Before 1700, London didn’t extend that far outside of the City of London’s walled borders. Industries associated with the River Thames eventually encouraged eastern growth. After the expansion of the railways in the 19th century, the area expanded more.
East London is home to Brick Lane, which is famous for Jack the Ripper. Today, it’s also known as a cultural melting pot, where visitors can easily spend hours getting involved in a range of activities such as watching sporting events at the Olympic Park and enjoying independent galleries.
Whether it's the District, Jubilee or new Elizabeth line, your staff will have easy access to your new office via these key tube stations in East London:
Some of the best landmarks in East London include:
Canary Wharf - Canary Wharf is the secondary business district in the borough of Tower Hamlets. It’s one of the main financial centres in the UK (and the world), with over 1.5 million square meters of retail and office space. There’s food, entertainment, shopping, and so much more.
Stratford - Stratford is home to Queen Elizabeth Olympic Park and Westfield Stratford City. One of the most notable landmarks here is the ArcelorMittal Orbit, a towering red sculpture that offers incredible views across London. It also features the Orbit slide, a twisting, turning ride for thrill seekers.
Victoria Park - Known as the “People’s Park,” Victoria Park is one of the most gorgeous open spaces in all of East London. It hosts festivals in the summer and fireworks in the fall. It also features two cafes, two playgrounds, historic artifacts, and decorative gardens.
Just tell us what you need and get a free bespoke Flex Report of the best fitting offices in East London for your needs. Rubberdesk saves you time and money.
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