Housing Market Analysis for PENANG STREET, E1W 3RE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £338,000 median price is £338,000 Standard Deviation is £22,000 with Total Sold: 2
    • The Last 5 Year average price is £338,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 21 PENANG STREET: £360,000 (Sold on 06 Sep 2023)
    • The first recorded sale happened at this postcode is 21 PENANG STREET: £316,000 (Sold on 30 Jun 2021)
  • Flat
    • The average price is around £330,000 median price is £355,000 Standard Deviation is £69,642 with Total Sold: 3
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 PENANG STREET: £400,000 (Sold on 05 Jun 2019)
    • The first recorded sale happened at this postcode is 13 PENANG STREET: £235,000 (Sold on 05 Sep 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average E1W 3RE 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£360,000 £7,500 1
2021£316,000 £6,583 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£400,000 £8,333 1
2016£355,000 £7,396 1
2007£235,000 £5,153 1

All the Sales in the PENANG STREET, E1W 3RE

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

AddressSold DatePrice% Change
21 PENANG STREETTerraced, LeaseholdArea: 48 Sq.mtrAge: 1967-197506 Sep 2023£360,00013.92%
30 Jun 2021£316,000First Sale
13 PENANG STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 1976-198205 Jun 2019£400,00012.68%
19 Feb 2016£355,00051.06%
05 Sep 2007£235,000First Sale

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

PENANG STREET, E1W 3RE Near By properties

Interactive Map

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

  • Flat
    • The average price is around £358,255 median price is £285,000 Standard Deviation is £280,030 with Total Sold: 6,503
    • The Last 5 Year average price is £610,721 with Total Sold: 682
    • 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 £399,838 median price is £307,500 Standard Deviation is £321,342 with Total Sold: 739
    • The Last 5 Year average price is £841,956 with Total Sold: 80
    • 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 £605,426 median price is £485,000 Standard Deviation is £452,575 with Total Sold: 31
    • 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 £1,329,900 median price is £491,250 Standard Deviation is £2,597,933 with Total Sold: 76
    • The Last 5 Year average price is £1,482,717 with Total Sold: 37
    • 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 £312,586 median price is £218,000 Standard Deviation is £249,914 with Total Sold: 29
    • 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£473,367 £7,587 39
2023£642,823 £8,050 103
2022£651,173 £8,136 139
2021£605,383 £8,008 159
2020£635,864 £8,356 101
2019£573,391 £8,086 141
2018£632,522 £8,281 109
2017£636,117 £8,485 110
2016£712,737 £9,155 166
2015£544,715 £7,235 220
2014£527,236 £7,595 368
2013£461,055 £6,179 160
2012£396,892 £5,904 326
2011£441,799 £5,469 174
2010£429,898 £5,267 155
2009£417,892 £5,072 121
2008£387,635 £5,004 100
2007£375,446 £5,105 260
2006£341,322 £4,484 274
2005£283,695 £3,885 263
2004£291,791 £3,970 336
2003£279,498 £3,522 232
2002£258,381 £3,542 301
2001£243,342 £3,021 318
2000£220,099 £2,714 317
1999£210,362 £2,483 418
1998£177,073 £2,170 377
1997£156,436 £1,831 352
1996£123,856 £1,660 225
1995£107,574 £1,474 139
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£853,333 £7,193 3
2023£711,300 £10,070 10
2022£880,536 £9,524 14
2021£925,106 £9,418 23
2020£736,421 £8,667 12
2019£846,750 £8,071 18
2018£746,857 £8,507 14
2017£850,571 £8,081 7
2016£944,556 £8,720 9
2015£712,026 £9,984 17
2014£715,129 £8,811 19
2013£660,976 £6,647 25
2012£622,147 £6,658 17
2011£503,765 £5,673 19
2010£438,357 £4,861 14
2009£472,571 £4,917 7
2008£490,909 £5,498 11
2007£491,076 £5,637 38
2006£332,158 £4,514 33
2005£300,226 £3,534 34
2004£324,417 £3,515 42
2003£354,683 £3,393 27
2002£261,034 £3,073 44
2001£259,265 £2,724 48
2000£199,057 £2,523 35
1999£222,644 £2,113 48
1998£183,763 £1,877 38
1997£132,499 £1,485 36
1996£117,590 £1,350 35
1995£131,396 £1,341 42
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£360,000 £6,753 1
2004£358,0001
2002£245,000 £2,475 1
2000£249,500 £1,848 1
1999£199,400 £2,596 3
1998£210,0001
1997£173,333 £1,504 3
1995£110,0002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£405,0004
2022£810,951 £32,330 7
2021£2,091,667 £23,305 6
2020£2,219,513 £13,550 11
2019£1,177,690 £7,828 9
2018£517,212 £14,705 5
2017£1,613,318 £29,703 16
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£174,625 £1,814 4
1998£218,000 £1,802 1
1997£114,667 £1,637 3
1996£138,167 £1,580 3
1995£204,750 £995 4

House Type in E1W 3RE area

The most common house types in the E1W 3RE postcode area are Flat (87), Terraced (12), and Semi-detached (3).

Total104
Flat87
Terraced12
Semi-detached3
converted building1
commercial building1
Detached0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (37), and Social rented: Rents from council or Local Authority (27).

Private rented: Private landlord or letting agency37
Social rented: Rents from council or Local Authority27
Owned: Owns with a mortgage or loan17
Social rented: Other social rented9
Private rented: Other private rented7
Owned: Owns outright6
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the E1W 3RE have 1 person in household (44), and 2 people in household (35).

1 person in household44
2 people in household35
3 people in household15
5 people in household5
4 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0