Housing Market Analysis for ERNEST STREET, E1 4QZ

Are you looking to understand E1 4QZ 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 4QZ area, explore the E1 4QZ Area information page.
For comprehensive crime statistics in the E1 4QZ area, explore the E1 4QZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E1 4QZ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £191,286 median price is £180,000 Standard Deviation is £97,222 with Total Sold: 7
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 18, MAGELLAN HOUSE ERNEST STREET: £375,000 (Sold on 25 Jun 2020)
    • The first recorded sale happened at this postcode is FLAT 20, MAGELLAN HOUSE ERNEST STREET: £18,000 (Sold on 15 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average E1 4QZ 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
2020£375,000 £6,133 1
2013£220,000 £3,385 1
2009£180,000 £2,466 1
2008£160,000 £2,462 1
2007£208,000 £3,303 1
2006£178,0001
1997£18,000 £247 1

All the Sales in the ERNEST STREET, E1 4QZ

See the table below for more details on the sold house prices in the E1 4QZ, Tower Hamlets postcode.

AddressSold DatePrice% Change
FLAT 18, MAGELLAN HOUSE ERNEST STREETFlat, LeaseholdArea: 61.14 Sq.mtrAge: 1950-196625 Jun 2020£375,000First Sale
FLAT 6, MAGELLAN HOUSE ERNEST STREETFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-196623 Aug 2013£220,00037.50%
13 Jun 2008£160,000First Sale
FLAT 20, MAGELLAN HOUSE ERNEST STREETFlat, LeaseholdArea: 73 Sq.mtrAge: 1950-196615 May 2009£180,000900.00%
15 Jul 1997£18,000First Sale
FLAT 22, MAGELLAN HOUSE ERNEST STREETFlat, LeaseholdArea: 62.97 Sq.mtrAge: 1983-199001 Jun 2007£208,000First Sale
FLAT 21, MAGELLAN HOUSE ERNEST STREETFlat, Leasehold25 Aug 2006£178,000First Sale

Check out the sold house prices near the E1 4QZ postcode. Properties currently for saleProperties currently for rent

ERNEST STREET, E1 4QZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E1 4QZ 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 4QZ postcode.

  • Flat
    • The average price is around £246,335 median price is £230,000 Standard Deviation is £145,494 with Total Sold: 3,119
    • The Last 5 Year average price is £397,275 with Total Sold: 382
    • The most recent sale happened at this postcode is FLAT 3, BANTRY HOUSE ERNEST STREET: £300,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is 40, DUNSTAN HOUSES STEPNEY GREEN: £37,000 (Sold on 10 Jan 1995)
  • Terraced
    • The average price is around £367,582 median price is £283,000 Standard Deviation is £273,787 with Total Sold: 662
    • The Last 5 Year average price is £729,638 with Total Sold: 94
    • The most recent sale happened at this postcode is , 36 CEPHAS AVENUE: £1,075,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 10 MOODY STREET: £57,000 (Sold on 04 Jan 1995)
  • Other
    • The average price is around £930,043 median price is £170,000 Standard Deviation is £1,716,932 with Total Sold: 46
    • The Last 5 Year average price is £706,043 with Total Sold: 25
    • The most recent sale happened at this postcode is , 365 MILE END ROAD: £20,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 169A MILE END ROAD: £5,000 (Sold on 09 Oct 2009)
  • Semi-Detached
    • The average price is around £304,135 median price is £227,000 Standard Deviation is £281,109 with Total Sold: 49
    • The Last 5 Year average price is £948,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 23 MILE END PLACE: £775,000 (Sold on 22 Jul 2022)
    • The first recorded sale happened at this postcode is , 46 ERNEST STREET: £45,000 (Sold on 28 Feb 1995)
  • Detached
    • The average price is around £469,688 median price is £471,250 Standard Deviation is £202,648 with Total Sold: 8
    • The most recent sale happened at this postcode is , 27 ARGYLE ROAD: £635,000 (Sold on 25 Feb 2013)
    • The first recorded sale happened at this postcode is , 23 STEPNEY GREEN: £415,000 (Sold on 29 Aug 1997)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,024 £5,707 35
2023£402,961 £8,310 67
2022£405,039 £6,679 70
2021£382,788 £6,510 81
2020£398,462 £6,211 54
2019£393,792 £6,251 75
2018£378,250 £6,238 83
2017£430,199 £7,051 68
2016£390,538 £6,874 98
2015£368,800 £6,081 113
2014£352,831 £5,527 163
2013£307,961 £4,994 292
2012£281,131 £4,842 68
2011£239,685 £3,959 66
2010£260,345 £4,968 111
2009£230,290 £4,775 70
2008£228,986 £4,041 71
2007£275,980 £4,541 198
2006£218,457 £3,590 197
2005£183,377 £3,134 113
2004£176,252 £3,182 112
2003£162,495 £2,795 112
2002£143,128 £2,652 95
2001£124,866 £2,399 147
2000£106,736 £1,925 99
1999£95,209 £1,701 174
1998£70,130 £1,278 98
1997£63,106 £1,017 91
1996£45,328 £843 55
1995£41,369 £948 43
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£913,667 £7,386 6
2023£681,258 £7,828 16
2022£756,074 £8,831 23
2021£788,636 £7,850 22
2020£692,500 £8,781 13
2019£604,400 £8,494 14
2018£679,615 £8,167 13
2017£753,300 £7,356 10
2016£871,754 £8,076 10
2015£633,816 £8,085 19
2014£693,529 £8,060 17
2013£554,143 £5,709 21
2012£449,233 £4,379 15
2011£389,840 £4,258 10
2010£368,528 £4,690 18
2009£397,100 £3,745 10
2008£354,272 £4,995 12
2007£375,619 £4,028 32
2006£308,008 £3,611 43
2005£284,058 £3,514 43
2004£264,094 £2,930 32
2003£233,018 £3,192 28
2002£230,984 £2,755 37
2001£206,924 £2,316 34
2000£172,295 £2,324 38
1999£149,027 £1,669 37
1998£114,966 £1,241 25
1997£93,026 £1,134 17
1996£90,864 £936 25
1995£85,519 £921 22
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£20,0001
2023£1,629,9895
2022£260,374 £4,222 3
2021£169,571 £4,470 7
2020£60,0001
2019£931,625 £7,381 8
2018£3,285,832 £40,875 3
2017£1,414,167 £7,656 6
2016£135,800 £2,395 6
2015£797,0001
2014£1,557,208 £883 3
2013£500,0001
2009£5,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£775,000 £11,923 1
2021£1,550,0001
2020£670,000 £7,113 1
2019£800,000 £7,921 1
2018£295,0001
2015£577,500 £7,887 2
2011£380,998 £4,213 2
2009£316,000 £3,969 1
2008£352,5001
2007£950,0001
2006£520,000 £4,209 3
2005£275,688 £2,650 4
2004£281,000 £2,782 1
2003£244,000 £2,385 2
2002£261,500 £3,072 2
2001£182,500 £1,989 2
2000£159,000 £1,948 3
1999£175,200 £2,022 5
1998£93,950 £768 2
1997£142,832 £997 6
1996£93,899 £1,119 5
1995£45,000 £652 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£635,000 £4,649 1
2011£590,0001
2005£480,0001
2002£810,0001
1999£220,0001
1998£462,5001
1997£280,0002

House Type in E1 4QZ area

The most common house types in the E1 4QZ postcode area are Flat (66), Terraced (20), and Detached (2).

Total91
Flat66
Terraced20
Detached2
Shared house2
commercial building1
Semi-detached0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (32), and Private rented: Private landlord or letting agency (29).

Social rented: Rents from council or Local Authority32
Private rented: Private landlord or letting agency29
Owned: Owns with a mortgage or loan20
Owned: Owns outright8
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the E1 4QZ have 1 person in household (21), and 2 people in household (20).

1 person in household21
2 people in household20
3 people in household16
4 people in household14
5 people in household10
7 people in household5
6 people in household4
8 or more people in household1
0 people in household0