Housing Market Analysis for SOVEREIGN CLOSE, E1W 3HW

Are you looking to understand E1W 3HW 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 E1W 3HW area, explore the E1W 3HW Area information page.
For comprehensive crime statistics in the E1W 3HW area, explore the E1W 3HW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E1W 3HW postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,150,000 median price is £1,150,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £1,150,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 SOVEREIGN CLOSE: £1,150,000 (Sold on 03 Jul 2019)
    • The first recorded sale happened at this postcode is 6 SOVEREIGN CLOSE: £1,150,000 (Sold on 03 Jul 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average E1W 3HW 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,150,0002

All the Sales in the SOVEREIGN CLOSE, E1W 3HW

See the table below for more details on the sold house prices in the E1W 3HW, Tower Hamlets postcode.

AddressSold DatePrice% Change
6 SOVEREIGN CLOSEOther, Leasehold03 Jul 2019£1,150,0000.0
03 Jul 2019£1,150,000First Sale

Check out the sold house prices near the E1W 3HW postcode. Properties currently for saleProperties currently for rent

SOVEREIGN CLOSE, E1W 3HW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E1W 3HW 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 E1W 3HW postcode.

  • Flat
    • The average price is around £327,694 median price is £265,000 Standard Deviation is £243,016 with Total Sold: 6,614
    • The Last 5 Year average price is £550,459 with Total Sold: 699
    • The most recent sale happened at this postcode is , 9 TARBERT WALK: £498,300 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 21, CHINA COURT ASHER WAY: £88,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £378,407 median price is £301,000 Standard Deviation is £261,093 with Total Sold: 698
    • The Last 5 Year average price is £800,234 with Total Sold: 77
    • The most recent sale happened at this postcode is , 28 BENSON QUAY: £985,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , 20 WATERMAN WAY: £139,000 (Sold on 26 Jan 1995)
  • Detached
    • The average price is around £574,096 median price is £478,760 Standard Deviation is £446,877 with Total Sold: 34
    • The Last 5 Year average price is £1,175,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 169 WAPPING HIGH STREET: £1,470,000 (Sold on 11 Mar 2024)
    • The first recorded sale happened at this postcode is , 4 PRESIDENT DRIVE: £125,000 (Sold on 10 Aug 1995)
  • Other
    • The average price is around £1,360,024 median price is £715,000 Standard Deviation is £2,586,410 with Total Sold: 68
    • The Last 5 Year average price is £1,516,550 with Total Sold: 41
    • The most recent sale happened at this postcode is , 87 - 89 WATNEY STREET: £200,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is FLAT 2, 188 CABLE STREET: £15,000 (Sold on 10 Dec 2013)
  • Semi-Detached
    • The average price is around £313,667 median price is £218,000 Standard Deviation is £255,191 with Total Sold: 27
    • The Last 5 Year average price is £885,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 12 PEARTREE LANE: £850,000 (Sold on 30 Nov 2022)
    • The first recorded sale happened at this postcode is , 161 WAPPING HIGH STREET: £120,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£448,125 £6,862 48
2023£587,939 £7,721 106
2022£567,691 £7,538 137
2021£562,388 £7,701 161
2020£544,993 £7,461 102
2019£531,256 £7,203 145
2018£525,943 £7,777 125
2017£582,916 £7,930 119
2016£612,549 £8,431 198
2015£479,778 £6,818 257
2014£456,073 £6,781 445
2013£398,065 £5,765 175
2012£348,322 £5,503 396
2011£368,393 £5,143 233
2010£392,041 £4,859 144
2009£390,527 £4,879 110
2008£308,639 £4,661 139
2007£319,112 £4,712 297
2006£295,100 £4,208 271
2005£257,243 £3,711 253
2004£242,496 £3,694 406
2003£251,615 £3,331 230
2002£238,960 £3,334 276
2001£210,605 £2,785 296
2000£186,254 £2,473 294
1999£180,916 £2,234 353
1998£148,470 £1,911 307
1997£150,601 £1,807 293
1996£107,424 £1,551 177
1995£102,593 £1,454 121
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£853,333 £7,193 3
2023£685,375 £9,351 8
2022£884,423 £9,463 13
2021£845,214 £9,290 23
2020£746,235 £8,063 13
2019£760,971 £7,774 17
2018£746,615 £8,260 13
2017£651,286 £7,081 7
2016£693,875 £8,071 8
2015£688,938 £9,115 17
2014£729,379 £8,473 17
2013£573,209 £6,392 22
2012£521,846 £6,071 13
2011£466,395 £5,567 19
2010£439,385 £4,740 13
2009£472,571 £4,917 7
2008£483,750 £5,381 12
2007£453,233 £5,483 38
2006£335,520 £4,499 35
2005£292,426 £3,512 31
2004£328,075 £3,509 40
2003£302,581 £3,248 24
2002£262,427 £2,956 41
2001£253,494 £2,644 45
2000£198,500 £2,508 32
1999£209,498 £2,081 48
1998£162,771 £1,835 35
1997£129,827 £1,466 35
1996£119,634 £1,318 31
1995£120,030 £1,312 38
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,235,000 £11,074 2
2022£1,400,000 £10,281 1
2020£830,000 £7,545 1
2017£1,895,000 £9,067 1
2016£1,220,000 £20,000 1
2015£985,000 £11,686 2
2014£722,500 £6,135 2
2012£655,000 £5,746 1
2010£671,260 £5,581 2
2009£625,0001
2008£525,000 £7,388 3
2007£580,000 £6,423 1
2006£429,500 £5,296 2
2004£358,0001
2002£245,000 £2,475 1
2000£205,775 £1,848 2
1999£199,400 £2,596 3
1998£210,0001
1997£173,333 £1,504 3
1995£103,3333
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£784,0005
2022£922,962 £26,988 9
2021£1,897,143 £19,079 7
2020£2,270,727 £13,550 11
2019£1,299,322 £6,405 9
2018£473,050 £14,705 6
2017£3,217,3333
2016£2,617,9476
2015£86,0119
2014£221,0001
2013£555,000 £8,041 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£900,000 £6,583 2
2021£900,000 £7,994 1
2020£840,000 £7,706 1
2010£407,000 £4,510 1
2009£310,000 £3,523 1
2006£275,000 £5,446 1
2003£285,000 £3,608 1
2002£375,500 £3,220 2
2001£265,000 £3,323 3
2000£208,000 £2,633 1
1999£187,500 £1,773 3
1998£218,000 £1,802 1
1997£114,667 £1,637 3
1996£138,167 £1,580 3
1995£119,667 £995 3

House Type in E1W 3HW area

The most common house types in the E1W 3HW postcode area are Flat (106), converted building (23), and Shared house (1).

Total130
Flat106
converted building23
Shared house1
Detached0
Semi-detached0
Terraced0
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 (109), and Private rented: Other private rented (10).

Private rented: Private landlord or letting agency109
Private rented: Other private rented10
Owned: Owns with a mortgage or loan4
Social rented: Other social rented3
Social rented: Rents from council or Local Authority2
Owned: Owns outright1
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the E1W 3HW have 2 people in household (74), and 1 person in household (42).

2 people in household74
1 person in household42
3 people in household9
5 people in household5
4 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0