Housing Market Analysis for OBSERVATORY MEWS, E14 3AZ

Are you looking to understand E14 3AZ 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 E14 3AZ area, explore the E14 3AZ Area information page.
For comprehensive crime statistics in the E14 3AZ area, explore the E14 3AZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E14 3AZ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £197,249 median price is £197,500 Standard Deviation is £83,018 with Total Sold: 44
    • The Last 5 Year average price is £360,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 3, 6 OBSERVATORY MEWS: £360,000 (Sold on 27 May 2022)
    • The first recorded sale happened at this postcode is FLAT 1, 6 OBSERVATORY MEWS: £87,500 (Sold on 10 Jun 1998)
  • Terraced
    • The average price is around £273,688 median price is £237,500 Standard Deviation is £149,100 with Total Sold: 8
    • The most recent sale happened at this postcode is 1 OBSERVATORY MEWS: £625,000 (Sold on 06 Feb 2015)
    • The first recorded sale happened at this postcode is 1 OBSERVATORY MEWS: £150,000 (Sold on 26 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average E14 3AZ 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
2022£360,000 £6,175 1
2020£360,000 £6,207 1
2017£419,0001
2013£265,000 £4,310 2
2012£255,000 £3,923 1
2011£402,000 £3,350 1
2010£250,0001
2007£249,950 £4,098 1
2006£222,833 £3,789 3
2005£225,000 £3,462 1
2004£220,0001
2003£225,000 £3,211 5
2002£212,100 £3,432 5
2001£175,100 £2,462 5
2000£170,000 £2,383 1
1998£107,750 £1,575 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£625,000 £5,896 1
2005£302,5001
2004£330,000 £2,920 1
2003£280,000 £2,642 1
1999£195,000 £1,726 1
1998£152,333 £1,380 3

All the Sales in the OBSERVATORY MEWS, E14 3AZ

See the table below for more details on the sold house prices in the E14 3AZ, Tower Hamlets postcode.

AddressSold DatePrice% Change
FLAT 3, 6 OBSERVATORY MEWSFlat, LeaseholdArea: 58.3 Sq.mtrAge: 1996-200227 May 2022£360,00061.80%
04 Apr 2006£222,5008.54%
28 Feb 2003£205,000120.43%
20 Jul 1998£93,000First Sale
FLAT 8, 6 OBSERVATORY MEWSFlat, LeaseholdArea: 58 Sq.mtrAge: 1991-199524 Jan 2020£360,000271.13%
20 Jul 1998£97,000First Sale
FLAT 6, 6 OBSERVATORY MEWSFlat, Leasehold03 Feb 2017£419,00049.64%
12 Sep 2013£280,00012.00%
22 Nov 2010£250,00013.64%
06 Sep 2004£220,000-6.38%
20 Feb 2003£235,00046.88%
18 Apr 2001£160,00056.86%
10 Jul 1998£102,000First Sale
1 OBSERVATORY MEWSTerraced, FreeholdArea: 106 Sq.mtrAge: 1996-200206 Feb 2015£625,000123.21%
05 Dec 2003£280,00086.67%
26 Jun 1998£150,000First Sale
FLAT 11, 6 OBSERVATORY MEWSFlat, LeaseholdArea: 58 Sq.mtrAge: 1996-200205 Mar 2013£250,00021.95%
18 Jul 2006£205,00015.82%
24 May 2001£177,00079.70%
10 Jul 1998£98,500First Sale
FLAT 7, 6 OBSERVATORY MEWSFlat, LeaseholdArea: 65 Sq.mtrAge: 1996-200210 Sep 2012£255,00030.77%
15 Sep 2003£195,00085.71%
10 Jul 1998£105,000First Sale
3 OBSERVATORY MEWSFlat, FreeholdArea: 120 Sq.mtrAge: 1983-199015 Dec 2011£402,000162.75%
26 Jun 1998£153,000First Sale
FLAT 9, 6 OBSERVATORY MEWSFlat, LeaseholdArea: 61 Sq.mtrAge: 1983-199001 Mar 2007£249,95019.02%
22 Jan 2003£210,000110.00%
20 Jul 1998£100,000First Sale
FLAT 10, 6 OBSERVATORY MEWSFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-200217 Aug 2006£241,00026.84%
29 Aug 2002£190,00077.57%
10 Jul 1998£107,000First Sale
FLAT 5, 6 OBSERVATORY MEWSFlat, LeaseholdArea: 65 Sq.mtrAge: 1991-199512 Sep 2005£225,00010.84%
19 Apr 2002£203,00097.09%
21 Jul 1998£103,000First Sale
4 OBSERVATORY MEWSTerraced, Freehold29 Apr 2005£302,50095.16%
08 Jul 1998£155,000First Sale
5 OBSERVATORY MEWSTerraced, FreeholdArea: 113 Sq.mtrAge: 1996-200208 Sep 2004£330,00069.23%
12 Nov 1999£195,00028.29%
14 Jul 1998£152,000First Sale
2 OBSERVATORY MEWSFlat, FreeholdArea: 97 Sq.mtrAge: 1996-200219 Sep 2003£280,00033.33%
29 Jun 2001£210,00028.44%
19 Jun 2001£163,50065.99%
10 Jul 1998£98,500-35.20%
26 Jun 1998£152,000First Sale
5A OBSERVATORY MEWSFlat, FreeholdArea: 71 Sq.mtrAge: 1996-200227 Sep 2002£275,00061.76%
13 Apr 2000£170,000First Sale
FLAT 1, 6 OBSERVATORY MEWSFlat, LeaseholdArea: 54 Sq.mtrAge: 1996-200209 Aug 2002£192,500120.00%
10 Jun 1998£87,500First Sale
FLAT 15, 6 OBSERVATORY MEWSFlat, Leasehold11 Jan 2002£200,00083.49%
20 Jul 1998£109,000First Sale
FLAT 12, 6 OBSERVATORY MEWSFlat, LeaseholdArea: 56 Sq.mtrAge: 1996-200229 Jun 2001£165,00060.19%
20 Jul 1998£103,000First Sale

Check out the sold house prices near the E14 3AZ postcode. Properties currently for saleProperties currently for rent

OBSERVATORY MEWS, E14 3AZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E14 3AZ 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 E14 3AZ postcode.

  • Flat
    • The average price is around £341,887 median price is £297,430 Standard Deviation is £206,484 with Total Sold: 3,530
    • The Last 5 Year average price is £517,171 with Total Sold: 536
    • The most recent sale happened at this postcode is FLAT 94, WYNDHAM APARTMENTS, 65 RIVER GARDENS WALK: £670,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 29, FRANS HALS COURT, 87 AMSTERDAM ROAD: £58,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £332,021 median price is £272,000 Standard Deviation is £213,378 with Total Sold: 561
    • The Last 5 Year average price is £656,901 with Total Sold: 55
    • The most recent sale happened at this postcode is , 34 FRIARS MEAD: £620,000 (Sold on 06 Oct 2023)
    • The first recorded sale happened at this postcode is , 81 SAUNDERS NESS ROAD: £100,000 (Sold on 24 Jan 1995)
  • Other
    • The average price is around £938,310 median price is £388,738 Standard Deviation is £1,456,471 with Total Sold: 28
    • The Last 5 Year average price is £1,021,601 with Total Sold: 22
    • The most recent sale happened at this postcode is , 16 - 18 BALLAST QUAY: £2,000,000 (Sold on 13 Sep 2023)
    • The first recorded sale happened at this postcode is , 43 AMSTERDAM ROAD: £160,000 (Sold on 09 Feb 2017)
  • Semi-Detached
    • The average price is around £361,383 median price is £294,000 Standard Deviation is £250,280 with Total Sold: 90
    • The Last 5 Year average price is £796,650 with Total Sold: 10
    • The most recent sale happened at this postcode is , 12 CHICHESTER WAY: £850,000 (Sold on 29 Mar 2023)
    • The first recorded sale happened at this postcode is , 20 SEXTANT AVENUE: £120,000 (Sold on 28 Feb 1995)
  • Detached
    • The average price is around £312,366 median price is £250,000 Standard Deviation is £210,071 with Total Sold: 15
    • The most recent sale happened at this postcode is , 94 SAUNDERS NESS ROAD: £750,000 (Sold on 10 Jun 2016)
    • The first recorded sale happened at this postcode is , 4 ST JAMES MEWS: £92,500 (Sold on 09 Jun 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£501,167 £6,927 39
2023£492,135 £6,889 74
2022£456,426 £6,617 84
2021£500,470 £6,707 76
2020£553,444 £7,612 101
2019£549,176 £7,807 162
2018£498,406 £6,766 181
2017£569,312 £7,784 185
2016£528,614 £6,833 351
2015£432,179 £6,071 156
2014£461,630 £5,246 216
2013£297,542 £4,613 63
2012£272,803 £4,099 51
2011£309,267 £4,202 52
2010£339,656 £4,410 65
2009£275,780 £3,936 32
2008£309,831 £4,531 39
2007£289,384 £4,136 101
2006£260,934 £3,680 162
2005£229,407 £3,207 95
2004£234,118 £3,394 104
2003£222,950 £3,294 86
2002£209,809 £3,009 112
2001£186,805 £2,762 127
2000£160,294 £2,209 154
1999£150,449 £1,999 278
1998£114,860 £1,735 232
1997£91,782 £1,433 70
1996£79,046 £1,280 50
1995£67,219 £980 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£660,600 £8,489 5
2022£721,286 £7,790 14
2021£595,713 £8,290 19
2020£701,800 £7,504 10
2019£627,429 £8,491 7
2018£613,321 £7,224 14
2017£595,286 £7,994 7
2016£662,173 £6,984 19
2015£648,587 £6,016 23
2014£484,806 £6,474 16
2013£437,085 £5,115 18
2012£371,455 £5,402 11
2011£414,400 £4,151 15
2010£335,750 £4,578 10
2009£316,571 £3,583 7
2008£335,450 £4,627 10
2007£358,929 £4,303 32
2006£261,842 £3,783 19
2005£265,190 £3,371 29
2004£259,796 £3,017 31
2003£258,769 £2,895 26
2002£245,514 £2,619 33
2001£212,652 £2,215 32
2000£200,619 £1,995 29
1999£155,180 £1,596 36
1998£148,370 £1,494 32
1997£92,605 £1,056 19
1996£91,468 £964 25
1995£76,115 £1,024 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£936,667 £8,468 3
2022£734,972 £3,452 9
2021£519,200 £175 5
2020£2,0001
2019£2,613,1194
2018£727,488 £11,142 5
2017£160,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£850,000 £8,854 1
2022£842,000 £8,863 1
2021£772,125 £8,775 4
2020£930,000 £6,663 2
2019£663,000 £6,342 2
2018£930,000 £5,138 1
2017£841,000 £6,868 2
2016£625,0001
2015£695,000 £7,630 2
2014£600,000 £6,638 4
2013£533,000 £4,298 1
2012£359,333 £2,776 3
2011£280,000 £3,418 1
2010£402,000 £3,893 3
2008£393,400 £3,253 5
2007£395,248 £4,943 4
2006£304,417 £2,999 6
2005£295,250 £3,023 4
2004£202,000 £2,471 2
2003£292,600 £2,580 5
2002£327,667 £2,675 3
2001£249,667 £1,846 6
2000£195,000 £1,693 2
1999£117,688 £1,515 8
1998£246,000 £1,836 3
1997£111,250 £1,125 6
1996£123,500 £829 2
1995£91,083 £926 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£750,000 £6,637 1
2013£600,000 £5,714 1
2006£525,000 £12,500 2
2005£215,000 £3,490 1
2004£250,000 £3,353 1
2001£470,000 £4,052 1
2000£270,000 £1,962 2
1999£133,498 £1,867 2
1998£186,000 £1,646 1
1997£155,000 £1,336 1
1996£110,000 £797 1
1995£92,500 £974 1

House Type in E14 3AZ area

The most common house types in the E14 3AZ postcode area are Flat (32), Terraced (13), and converted building (1).

Total46
Flat32
Terraced13
converted building1
Detached0
Semi-detached0
Shared house0
commercial 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 (20), and Owned: Owns with a mortgage or loan (14).

Private rented: Private landlord or letting agency20
Owned: Owns with a mortgage or loan14
Owned: Owns outright4
Social rented: Other social rented4
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the E14 3AZ have 2 people in household (19), and 3 people in household (11).

2 people in household19
3 people in household11
4 people in household8
1 person in household7
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0