Housing Market Analysis for NEW CRANE PLACE, E1W 3TX

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

Overview of Sold House prices

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

Flat
- The average price is around £428,144 median price is £241,000 Standard Deviation is £460,814 with Total Sold: 56
- The Last 5 Year average price is £536,429 with Total Sold: 7
- The most recent sale happened at this postcode is FLAT 76, 8 NEW CRANE PLACE: £530,000 (Sold on 01 Aug 2023)
- The first recorded sale happened at this postcode is FLAT 75, 8 NEW CRANE PLACE: £480,000 (Sold on 14 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average E1W 3TX 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£415,000	£8,664	2
2021	£440,000	£7,497	2
2019	£782,500		2
2018	£520,000	£9,455	1
2017	£2,000,000		1
2016	£1,800,000	£9,632	1
2014	£1,052,250	£7,153	4
2013	£950,000	£7,195	2
2012	£350,667	£5,888	3
2011	£388,750	£5,060	2
2007	£648,100	£5,734	3
2006	£252,500	£3,989	2
2004	£267,688	£4,171	8
2003	£340,000	£5,397	1
2002	£193,000	£3,802	1
2001	£186,000	£3,601	3
2000	£195,333	£3,647	3
1999	£133,500	£2,228	2
1998	£129,000	£1,949	1
1997	£133,625	£1,843	6
1996	£87,667	£1,587	3
1995	£117,000	£1,326	2
2024	£480,000		1

All the Sales in the NEW CRANE PLACE, E1W 3TX

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

Address	Sold Date	Price	% Change
FLAT 76, 8 NEW CRANE PLACEFlat, LeaseholdArea: 55 Sq.mtrAge: 1930-1949	01 Aug 2023	£530,000	1.92%
	11 May 2018	£520,000	7.22%
	24 Sep 2014	£485,000	First Sale
FLAT 57, 8 NEW CRANE PLACEFlat, LeaseholdArea: 39 Sq.mtrAge: before 1900	07 Feb 2023	£300,000	80.72%
	23 Apr 2004	£166,000	First Sale
FLAT 64, 8 NEW CRANE PLACEFlat, LeaseholdArea: 50.76 Sq.mtrAge: 1991-1995	14 Jun 2021	£365,000	15.87%
	10 Jan 2012	£315,000	63.21%
	23 Dec 2002	£193,000	109.78%
	08 Jan 1999	£92,000	First Sale
FLAT 51, 8 NEW CRANE PLACEFlat, LeaseholdArea: 66 Sq.mtrAge: 1900-1929	28 Apr 2021	£515,000	First Sale
FLAT 74, 8 NEW CRANE PLACEFlat, Leasehold	19 Sep 2019	£1,200,000	First Sale
FLAT 67, 8 NEW CRANE PLACEFlat, Leasehold	14 Mar 2019	£365,000	110.37%
	29 Sep 2004	£173,500	43.09%
	20 Jan 2000	£121,250	First Sale
FLAT 79, 8 NEW CRANE PLACEFlat, Leasehold	06 Jan 2017	£2,000,000	First Sale
FLAT 80, 8 NEW CRANE PLACEFlat, LeaseholdArea: 186.88 Sq.mtrAge: before 1900	29 Mar 2016	£1,800,000	13.92%
	10 May 2013	£1,580,000	24.18%
	07 Nov 2007	£1,272,300	First Sale
FLAT 62, 8 NEW CRANE PLACEFlat, LeaseholdArea: 205 Sq.mtrAge: before 1900	21 Aug 2014	£1,475,000	First Sale
FLAT 53, 8 NEW CRANE PLACEFlat, LeaseholdArea: 147.96 Sq.mtrAge: 1983-1990	30 May 2014	£899,000	373.16%
	10 Jul 1997	£190,000	First Sale
FLAT 71, 8 NEW CRANE PLACEFlat, LeaseholdArea: 207 Sq.mtrAge: 1900-1929	19 Feb 2014	£1,350,000	First Sale
FLAT 69, 8 NEW CRANE PLACEFlat, LeaseholdArea: 53.92 Sq.mtrAge: before 1900	19 Apr 2013	£320,000	347.55%
	01 Sep 1995	£71,500	First Sale
FLAT 77, 8 NEW CRANE PLACEFlat, LeaseholdArea: 77 Sq.mtrAge: 1983-1990	06 Sep 2012	£452,000	64.36%
	08 Nov 2006	£275,000	First Sale
FLAT 59, 8 NEW CRANE PLACEFlat, LeaseholdArea: 51 Sq.mtrAge: before 1900	23 May 2012	£285,000	267.74%
	30 May 1997	£77,500	First Sale
6 NEW CRANE PLACEFlat, Leasehold	18 Nov 2011	£442,500	4.12%
6 NEW CRANE PLACEFlat, Leasehold	19 Dec 2007	£425,000	First Sale
FLAT 65, 8 NEW CRANE PLACEFlat, LeaseholdArea: 66.2 Sq.mtrAge: before 1900	05 Aug 2011	£335,000	91.43%
	10 Dec 1999	£175,000	35.66%
	16 Oct 1998	£129,000	38.71%
	10 Sep 1996	£93,000	First Sale
FLAT 73, 8 NEW CRANE PLACEFlat, LeaseholdArea: 53 Sq.mtrAge: 1900-1929	19 Feb 2007	£247,000	36.46%
	14 May 2004	£181,000	First Sale
FLAT 54, 8 NEW CRANE PLACEFlat, LeaseholdArea: 52.2 Sq.mtrAge: before 1900	04 Aug 2006	£230,000	28.49%
	27 Feb 2004	£179,000	First Sale
FLAT 68, 8 NEW CRANE PLACEFlat, LeaseholdArea: 37 Sq.mtrAge: 1900-1929	30 Nov 2004	£165,000	17.86%
	25 Oct 2001	£140,000	9.38%
	19 Feb 2001	£128,000	99.22%
	07 Nov 1997	£64,250	First Sale
FLAT 58, 8 NEW CRANE PLACEFlat, LeaseholdArea: 36 Sq.mtrAge: 1930-1949	10 Nov 2004	£170,000	11.84%
	17 Sep 2004	£152,000	111.11%
	17 Nov 1997	£72,000	First Sale
FLAT 49, 8 NEW CRANE PLACEFlat, LeaseholdArea: 203.56 Sq.mtrAge: 1900-1929	25 May 2004	£955,000	First Sale
FLAT 61, 8 NEW CRANE PLACEFlat, LeaseholdArea: 63 Sq.mtrAge: 1930-1949	13 Oct 2003	£340,000	47.99%
	18 Feb 2000	£229,750	First Sale
FLAT 60, 8 NEW CRANE PLACEFlat, LeaseholdArea: 81.44 Sq.mtrAge: before 1900	19 Nov 2001	£290,000	33.03%
	04 Dec 1997	£218,000	First Sale
FLAT 48, 8 NEW CRANE PLACEFlat, Leasehold	21 Jan 2000	£235,000	First Sale
FLAT 70, 8 NEW CRANE PLACEFlat, Leasehold	04 Aug 1997	£180,000	10.77%
FLAT 70, 8 NEW CRANE PLACEFlat, Leasehold	14 Jul 1995	£162,500	First Sale
9 NEW CRANE PLACEFlat, Leasehold	29 Aug 1996	£97,500	First Sale
FLAT 66, 8 NEW CRANE PLACEFlat, LeaseholdArea: 41 Sq.mtrAge: 1900-1929	15 Mar 1996	£72,500	First Sale
FLAT 75, 8 NEW CRANE PLACEFlat, Leasehold	14 May 2024	£480,000	First Sale

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

NEW CRANE PLACE, E1W 3TX Near By properties

Interactive Map

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

Flat
- The average price is around £343,948 median price is £277,000 Standard Deviation is £260,329 with Total Sold: 6,217
- The Last 5 Year average price is £587,976 with Total Sold: 615
- 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 141, RIVERSIDE MANSIONS MILK YARD: £75,500 (Sold on 10 Jan 1995)
Terraced
- The average price is around £364,649 median price is £272,000 Standard Deviation is £293,373 with Total Sold: 607
- The Last 5 Year average price is £790,019 with Total Sold: 61
- 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 , 4 CLIFTON PLACE: £91,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £594,191 median price is £485,000 Standard Deviation is £462,233 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 £1,145,961 median price is £642,500 Standard Deviation is £1,655,455 with Total Sold: 36
- The Last 5 Year average price is £1,007,406 with Total Sold: 20
- The most recent sale happened at this postcode is CAR PARKING SPACE 143, NEW CRANE WHARF NEW CRANE PLACE: £580,000 (Sold on 15 Sep 2023)
- The first recorded sale happened at this postcode is FLAT 3, PACIFIC WHARF, 165 ROTHERHITHE STREET: £624,750 (Sold on 03 Dec 2013)
Semi-Detached
- The average price is around £310,655 median price is £229,000 Standard Deviation is £236,585 with Total Sold: 53
- The Last 5 Year average price is £847,143 with Total Sold: 7
- The most recent sale happened at this postcode is , 210 ROTHERHITHE STREET: £840,000 (Sold on 03 Feb 2023)
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£491,578	£7,587	36
2023	£600,588	£7,731	102
2022	£632,081	£8,145	118
2021	£561,567	£7,861	142
2020	£618,016	£8,187	85
2019	£574,159	£8,104	132
2018	£607,357	£8,059	106
2017	£615,722	£8,427	114
2016	£675,025	£9,186	167
2015	£574,132	£7,934	180
2014	£520,611	£7,334	378
2013	£426,168	£5,889	169
2012	£421,594	£6,181	243
2011	£418,526	£5,218	150
2010	£408,264	£5,016	142
2009	£409,586	£4,944	120
2008	£350,063	£4,815	94
2007	£361,924	£5,009	274
2006	£318,010	£4,303	269
2005	£286,556	£3,813	256
2004	£288,589	£3,951	336
2003	£265,614	£3,552	226
2002	£249,766	£3,435	306
2001	£243,322	£3,669	336
2000	£214,372	£2,702	262
1999	£189,701	£2,419	377
1998	£155,517	£2,010	291
1997	£153,538	£1,935	389
1996	£114,768	£1,639	258
1995	£103,646	£1,459	159

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£853,333	£7,193	3
2023	£742,111	£8,609	9
2022	£768,458	£8,969	12
2021	£955,777	£9,712	16
2020	£696,788	£8,976	8
2019	£681,842	£6,845	13
2018	£815,757	£8,261	14
2017	£700,571	£7,671	7
2016	£888,250	£8,954	8
2015	£732,494	£8,811	10
2014	£685,996	£8,446	13
2013	£605,387	£6,144	23
2012	£497,000	£5,241	15
2011	£429,991	£5,292	13
2010	£420,545	£4,553	11
2009	£446,458	£4,824	6
2008	£458,792	£4,609	12
2007	£405,200	£5,023	21
2006	£307,350	£4,361	29
2005	£298,177	£3,410	22
2004	£310,162	£3,273	34
2003	£343,123	£3,314	28
2002	£243,421	£3,135	33
2001	£243,356	£2,371	39
2000	£191,118	£2,410	25
1999	£198,576	£2,002	44
1998	£153,392	£1,763	33
1997	£114,364	£1,355	25
1996	£131,815	£1,224	46
1995	£129,700	£1,216	35

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£625,000		1
2008	£525,000	£7,388	3
2007	£580,000	£6,423	1
2004	£358,000		1
2002	£245,000	£2,475	1
2000	£188,500	£2,526	2
1999	£199,400	£2,596	3
1998	£210,000		1
1997	£134,733	£1,510	3
1995	£110,000		2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£705,000		2
2022	£1,073,232	£32,330	5
2021	£1,911,000	£8,848	5
2020	£257,912		4
2019	£696,328	£8,122	4
2018	£262,075	£5,195	4
2017	£3,201,667		3
2016	£1,816,920		4
2015	£622,375	£5,150	2
2014	£221,000		1
2013	£859,875	£6,595	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£840,000		1
2022	£816,667	£8,158	3
2021	£900,000	£7,994	1
2020	£840,000	£7,706	1
2019	£900,000	£7,377	1
2015	£486,000	£7,839	1
2014	£355,000	£5,726	1
2013	£275,000	£6,250	1
2011	£407,500	£4,857	2
2010	£407,000	£4,510	1
2009	£310,000	£3,523	1
2006	£275,000	£5,446	1
2005	£255,000	£2,152	2
2004	£289,390	£3,847	5
2003	£261,188	£3,215	4
2002	£245,333	£3,432	3
2001	£240,000	£2,500	1
2000	£183,000	£1,476	1
1999	£158,100	£1,821	5
1998	£206,500	£1,551	2
1997	£128,500	£1,816	2
1996	£128,786	£1,591	7
1995	£181,500	£1,068	6

House Type in E1W 3TX area

The most common house types in the E1W 3TX postcode area are converted building (78), Flat (21), and Terraced (4).

Total	106
converted building	78
Flat	21
Terraced	4
Shared house	2
commercial building	1
Detached	0
Semi-detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Owned: Owns with a mortgage or loan (29).

Private rented: Private landlord or letting agency	55
Owned: Owns with a mortgage or loan	29
Owned: Owns outright	16
Social rented: Other social rented	3
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the E1W 3TX have 2 people in household (50), and 1 person in household (47).

2 people in household	50
1 person in household	47
3 people in household	6
4 people in household	3
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0