Housing Market Analysis for WATNEY MARKET, E1 2QX

Are you looking to understand E1 2QX house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Tower Hamlets postcode.

For the location information and nearby amenities in the E1 2QX area, explore the E1 2QX Area information page.
For comprehensive crime statistics in the E1 2QX area, explore the E1 2QX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E1 2QX postcode area, The average prices are as follows,

  • Flat
    • The average price is around £212,828 median price is £208,000 Standard Deviation is £98,613 with Total Sold: 25
    • The Last 5 Year average price is £459,750 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 17, MELWOOD HOUSE, 13 WATNEY MARKET: £479,500 (Sold on 15 Jan 2021)
    • The first recorded sale happened at this postcode is FLAT 41, MELWOOD HOUSE, 13 WATNEY MARKET: £60,000 (Sold on 18 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average E1 2QX house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£479,500 £4,206 1
2019£440,000 £5,057 1
2015£332,500 £3,912 1
2014£300,000 £3,409 1
2007£248,500 £2,888 4
2006£248,9951
2005£205,500 £2,423 4
2004£207,667 £2,168 3
2003£165,000 £1,897 1
2002£156,350 £1,724 2
2001£122,500 £1,364 2
2000£110,000 £1,364 2
1999£78,000 £787 1
1998£60,000 £682 1

All the Sales in the WATNEY MARKET, E1 2QX

See the table below for more details on the sold house prices in the E1 2QX, Tower Hamlets postcode.

AddressSold DatePrice% Change
FLAT 17, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 114 Sq.mtrAge: 1976-198215 Jan 2021£479,500First Sale
FLAT 45, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 87 Sq.mtrAge: 1967-197522 Mar 2019£440,00095.56%
30 Mar 2007£225,00036.36%
12 Dec 2003£165,00032.00%
02 Jul 2001£125,000First Sale
FLAT 50, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 85 Sq.mtrAge: 1930-194920 May 2015£332,500First Sale
FLAT 52, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 88 Sq.mtrAge: 1967-197527 Oct 2014£300,00016.73%
22 Jun 2007£257,000114.17%
24 Aug 2000£120,000First Sale
FLAT 56, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 83 Sq.mtrAge: 1976-198217 Oct 2007£262,00088.49%
14 Jan 2002£139,000First Sale
FLAT 19, MELWOOD HOUSE, 13 WATNEY MARKETFlat, Leasehold09 Jul 2007£250,0000.40%
22 Sep 2006£248,995First Sale
FLAT 47, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 85 Sq.mtrAge: 1950-196624 Oct 2005£190,000First Sale
FLAT 44, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 72 Sq.mtrAge: 1967-197514 Oct 2005£210,000First Sale
FLAT 53, MELWOOD HOUSE, 13 WATNEY MARKETFlat, Leasehold10 Oct 2005£187,00087.00%
02 May 2000£100,000First Sale
FLAT 29, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 111 Sq.mtrAge: 1976-198205 Aug 2005£235,00012.98%
19 Jul 2004£208,000First Sale
FLAT 51, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 81 Sq.mtrAge: 1976-198216 Dec 2004£185,000First Sale
FLAT 25, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 98 Sq.mtrAge: 1976-198205 Nov 2004£230,00032.41%
30 May 2002£173,700First Sale
FLAT 42, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 93 Sq.mtrAge: 1967-197502 Apr 2001£120,000First Sale
FLAT 28, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 99.1 Sq.mtrAge: 1976-198212 Feb 1999£78,000First Sale
FLAT 41, MELWOOD HOUSE, 13 WATNEY MARKETFlat, LeaseholdArea: 88 Sq.mtrAge: 1976-198218 Dec 1998£60,000First Sale

Check out the sold house prices near the E1 2QX postcode. Properties currently for saleProperties currently for rent

WATNEY MARKET, E1 2QX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E1 2QX postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the E1 2QX postcode.

  • Flat
    • The average price is around £275,478 median price is £240,000 Standard Deviation is £168,860 with Total Sold: 4,416
    • The Last 5 Year average price is £467,351 with Total Sold: 682
    • The most recent sale happened at this postcode is FLAT 7, MONTEGO COURT, 48 MYRDLE STREET: £515,000 (Sold on 24 Sep 2024)
    • The first recorded sale happened at this postcode is , 56 CLEARBROOK WAY: £48,500 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £3,124,052 median price is £475,000 Standard Deviation is £9,212,402 with Total Sold: 101
    • The Last 5 Year average price is £1,445,012 with Total Sold: 58
    • The most recent sale happened at this postcode is , 183 COMMERCIAL ROAD: £1,000,000 (Sold on 06 Jun 2024)
    • The first recorded sale happened at this postcode is , 85 STEPNEY WAY: £5,838,221 (Sold on 12 Nov 2013)
  • Terraced
    • The average price is around £390,216 median price is £290,500 Standard Deviation is £328,190 with Total Sold: 507
    • The Last 5 Year average price is £846,125 with Total Sold: 70
    • The most recent sale happened at this postcode is , 11 RUM CLOSE: £755,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , 18 NEWBOLD COTTAGES: £65,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £543,370 median price is £249,500 Standard Deviation is £568,382 with Total Sold: 15
    • The Last 5 Year average price is £830,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 MAYNARDS QUAY: £830,000 (Sold on 05 Oct 2020)
    • The first recorded sale happened at this postcode is , 128 COMMERCIAL ROAD: £247,500 (Sold on 04 Aug 1995)
  • Semi-Detached
    • The average price is around £333,589 median price is £289,500 Standard Deviation is £219,909 with Total Sold: 18
    • The most recent sale happened at this postcode is , 103 COMMERCIAL ROAD: £800,000 (Sold on 18 Nov 2016)
    • The first recorded sale happened at this postcode is , 230A COMMERCIAL ROAD: £125,000 (Sold on 09 May 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£413,305 £6,650 42
2023£395,283 £6,121 85
2022£471,531 £6,706 121
2021£540,709 £6,516 254
2020£415,526 £7,195 96
2019£398,687 £5,862 84
2018£368,742 £6,221 85
2017£445,486 £6,842 106
2016£441,799 £6,646 165
2015£394,137 £6,294 156
2014£331,527 £5,334 243
2013£274,496 £4,760 173
2012£280,838 £4,581 271
2011£288,323 £4,567 183
2010£258,984 £3,902 117
2009£255,505 £3,698 63
2008£265,747 £4,372 122
2007£240,869 £3,898 255
2006£218,342 £3,683 300
2005£211,199 £3,267 210
2004£205,484 £3,369 331
2003£165,909 £2,498 145
2002£164,474 £2,546 138
2001£131,399 £2,055 139
2000£122,929 £1,916 127
1999£97,284 £1,572 108
1998£69,016 £1,063 99
1997£74,085 £1,140 85
1996£48,832 £854 59
1995£49,162 £739 54
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£473,333 £4,348 3
2023£1,051,1437
2022£304,772 £6,833 10
2021£3,847,000 £28,168 8
2020£912,733 £12,990 15
2019£1,834,532 £8,147 15
2018£10,452,567 £12,886 11
2017£3,150,29712
2016£2,433,700 £3,788 10
2015£2,243,467 £2,896 6
2014£24,0001
2013£13,705,0003
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£755,0001
2023£815,727 £8,130 11
2022£958,604 £7,230 17
2021£790,920 £7,202 19
2020£851,731 £7,806 13
2019£789,389 £6,439 9
2018£670,000 £6,386 11
2017£992,714 £7,116 7
2016£535,333 £6,626 3
2015£739,028 £6,478 9
2014£776,000 £6,351 13
2013£610,482 £6,058 17
2012£524,618 £4,366 17
2011£404,121 £3,959 12
2010£421,208 £3,642 12
2009£390,654 £2,964 13
2008£358,322 £3,370 9
2007£378,567 £3,332 30
2006£379,916 £4,358 18
2005£318,248 £2,882 28
2004£306,688 £2,799 24
2003£247,700 £2,331 20
2002£219,493 £2,371 27
2001£191,675 £2,158 20
2000£185,172 £1,637 29
1999£183,070 £1,510 27
1998£99,838 £907 17
1997£104,700 £966 33
1996£107,032 £631 22
1995£75,876 £642 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£830,000 £7,545 1
2017£1,895,000 £9,067 1
2016£1,230,000 £5,156 2
2014£740,000 £6,491 1
2013£125,0001
2008£625,000 £4,630 1
2002£240,0002
2001£106,5001
2000£183,850 £1,848 3
1995£168,7502
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£800,0001
2012£480,000 £5,369 1
2011£245,100 £2,312 1
2010£460,333 £4,510 3
2009£515,000 £3,523 2
2008£490,0001
2004£305,0001
2003£250,0001
2001£255,750 £1,970 2
2000£100,0001
1999£85,0001
1997£87,000 £1,279 1
1996£120,0002

House Type in E1 2QX area

The most common house types in the E1 2QX postcode area are Flat (142), Terraced (11), and Shared house (11).

Total177
Flat142
Terraced11
Shared house11
Detached7
commercial building5
Semi-detached1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (64), and Social rented: Other social rented (43).

Private rented: Private landlord or letting agency64
Social rented: Other social rented43
Social rented: Rents from council or Local Authority35
Owned: Owns with a mortgage or loan15
Owned: Owns outright11
Private rented: Other private rented8
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the E1 2QX have 1 person in household (64), and 2 people in household (57).

1 person in household64
2 people in household57
3 people in household22
4 people in household13
5 people in household9
6 people in household6
7 people in household4
8 or more people in household2
0 people in household0