Housing Market Analysis for MENAI PLACE, E3 2BF

Are you looking to understand E3 2BF 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 E3 2BF area, explore the E3 2BF Area information page.
For comprehensive crime statistics in the E3 2BF area, explore the E3 2BF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E3 2BF postcode area, The average prices are as follows,

Flat
- The average price is around £283,623 median price is £249,000 Standard Deviation is £101,261 with Total Sold: 61
- The Last 5 Year average price is £430,214 with Total Sold: 7
- The most recent sale happened at this postcode is FLAT 2, 1 MENAI PLACE: £375,000 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is FLAT 5, 1 MENAI PLACE: £510,000 (Sold on 20 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 2BF 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	£442,500	£6,356	2
2022	£431,250	£5,673	2
2021	£357,000	£5,339	1
2020	£560,000	£5,385	1
2019	£347,000	£5,881	1
2018	£506,250	£5,116	2
2017	£518,533	£4,757	1
2016	£249,000	£3,724	1
2015	£410,000	£6,262	2
2014	£302,167	£5,410	3
2013	£270,000	£4,576	1
2011	£300,000	£4,310	1
2010	£292,667	£4,417	3
2008	£372,000	£3,759	3
2006	£199,000		1
2005	£209,250		4
2004	£244,000		1
2003	£227,413	£2,528	29
2002	£172,000		2

All the Sales in the MENAI PLACE, E3 2BF

See the table below for more details on the sold house prices in the E3 2BF, Tower Hamlets postcode.

Address	Sold Date	Price	% Change
FLAT 2, 1 MENAI PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-2002	30 Nov 2023	£375,000	8.07%
	05 Dec 2019	£347,000	28.52%
	12 Dec 2013	£270,000	40.62%
	20 Jun 2005	£192,000	13.27%
	23 Dec 2002	£169,500	First Sale
FLAT 11, 1 MENAI PLACEFlat, LeaseholdArea: 80.3 Sq.mtrAge: 2007 onwards	01 May 2022	£450,000	87.89%
	10 Jan 2003	£239,500	First Sale
FLAT 9, 2 MENAI PLACEFlat, LeaseholdArea: 71.85 Sq.mtrAge: 2003-2006	04 Jan 2022	£412,500	29.72%
	21 Apr 2010	£318,000	-3.64%
	17 Oct 2003	£330,000	53.13%
	20 Feb 2003	£215,500	First Sale
FLAT 2, 3 MENAI PLACEFlat, LeaseholdArea: 66.87 Sq.mtrAge: 1996-2002	15 Dec 2021	£357,000	43.37%
	28 Oct 2016	£249,000	96.86%
	14 Feb 2003	£126,484	First Sale
FLAT 5, 2 MENAI PLACEFlat, LeaseholdArea: 104 Sq.mtrAge: 2003-2006	07 Oct 2020	£560,000	6.16%
	11 Jan 2018	£527,500	81.90%
	10 Apr 2003	£290,000	First Sale
FLAT 6, 1 MENAI PLACEFlat, LeaseholdArea: 94 Sq.mtrAge: 2003-2006	25 Oct 2018	£485,000	36.62%
	25 Jan 2008	£355,000	48.23%
	10 Jan 2003	£239,500	First Sale
FLAT 12, 2 MENAI PLACEFlat, LeaseholdArea: 109 Sq.mtrAge: 1991-1995	17 Feb 2017	£518,533	70.01%
	28 Mar 2003	£305,000	First Sale
FLAT 1, 3 MENAI PLACEFlat, LeaseholdArea: 60.42 Sq.mtrAge: 1996-2002	29 Sep 2015	£395,000	212.29%
	14 Feb 2003	£126,484	First Sale
FLAT 3, 2 MENAI PLACEFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-2006	22 May 2015	£425,000	74.18%
	15 Apr 2004	£244,000	13.23%
	07 Mar 2003	£215,500	First Sale
FLAT 9, 1 MENAI PLACEFlat, LeaseholdArea: 60.4 Sq.mtrAge: 2003-2006	04 Jul 2014	£340,000	70.85%
	15 Jun 2006	£199,000	14.04%
	31 Jan 2003	£174,500	First Sale
FLAT 7, 1 MENAI PLACEFlat, LeaseholdArea: 55.9 Sq.mtrAge: 1996-2002	04 Apr 2014	£316,500	26.60%
	01 Feb 2010	£250,000	38.89%
	05 Dec 2005	£180,000	6.19%
	06 Jan 2003	£169,500	First Sale
FLAT 4, 1 MENAI PLACEFlat, LeaseholdArea: 50.63 Sq.mtrAge: 1996-2002	21 Jan 2014	£250,000	43.27%
	18 Dec 2002	£174,500	First Sale
FLAT 8, 2 MENAI PLACEFlat, LeaseholdArea: 69.6 Sq.mtrAge: 1996-2002	16 Jun 2011	£300,000	25.00%
	28 Jul 2003	£239,995	13.21%
	21 Feb 2003	£212,000	First Sale
FLAT 10, 2 MENAI PLACEFlat, LeaseholdArea: 71.2 Sq.mtrAge: 1996-2002	26 Oct 2010	£310,000	34.20%
	06 Jul 2005	£231,000	7.19%
	31 Jan 2003	£215,500	First Sale
FLAT 12, 1 MENAI PLACEFlat, Leasehold	20 Jun 2008	£355,000	22.41%
FLAT 12, 1 MENAI PLACEFlat, Leasehold	21 Mar 2003	£290,000	First Sale
FLAT 5, 1 MENAI PLACEFlat, LeaseholdArea: 108 Sq.mtrAge: 1996-2002	28 Jan 2008	£406,000	37.63%
	31 Mar 2003	£295,000	-42.16%
	20 Dec 2023	£510,000	First Sale
FLAT 4, 2 MENAI PLACEFlat, Leasehold	31 Aug 2005	£234,000	8.58%
FLAT 4, 2 MENAI PLACEFlat, Leasehold	07 Mar 2003	£215,500	First Sale
FLAT 2, 2 MENAI PLACEFlat, Leasehold	22 Aug 2003	£220,000	3.53%
FLAT 2, 2 MENAI PLACEFlat, Leasehold	07 Mar 2003	£212,500	First Sale
FLAT 11, 2 MENAI PLACEFlat, Leasehold	11 Jun 2003	£250,000	First Sale
FLAT 6, 2 MENAI PLACEFlat, Leasehold	30 Apr 2003	£290,000	First Sale
FLAT 3, 1 MENAI PLACEFlat, Leasehold	17 Apr 2003	£229,000	First Sale
FLAT 10, 1 MENAI PLACEFlat, Leasehold	24 Mar 2003	£230,000	10.31%
FLAT 10, 1 MENAI PLACEFlat, Leasehold	10 Jan 2003	£208,500	First Sale
FLAT 1, 2 MENAI PLACEFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-2006	11 Mar 2003	£212,500	First Sale
FLAT 7, 2 MENAI PLACEFlat, Leasehold	11 Mar 2003	£212,500	First Sale
FLAT 1, 1 MENAI PLACEFlat, Leasehold	07 Feb 2003	£221,000	8.07%
FLAT 1, 1 MENAI PLACEFlat, Leasehold	10 Jan 2003	£204,500	First Sale
FLAT 8, 1 MENAI PLACEFlat, Leasehold	02 Jan 2003	£204,500	First Sale

Check out the sold house prices near the E3 2BF postcode. Properties currently for saleProperties currently for rent

MENAI PLACE, E3 2BF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E3 2BF 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 E3 2BF postcode.

Flat
- The average price is around £251,675 median price is £235,000 Standard Deviation is £132,616 with Total Sold: 6,452
- The Last 5 Year average price is £409,597 with Total Sold: 905
- The most recent sale happened at this postcode is , 62 EASTSIDE MEWS: £530,000 (Sold on 25 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 121, MANHATTAN BUILDING FAIRFIELD ROAD: £82,000 (Sold on 12 Jan 1995)
Terraced
- The average price is around £363,145 median price is £300,000 Standard Deviation is £250,962 with Total Sold: 628
- The Last 5 Year average price is £721,179 with Total Sold: 71
- The most recent sale happened at this postcode is , 18 RIDGDALE STREET: £861,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 16 WREXHAM ROAD: £88,000 (Sold on 22 Mar 1995)
Other
- The average price is around £1,988,133 median price is £360,000 Standard Deviation is £4,311,724 with Total Sold: 107
- The Last 5 Year average price is £2,628,307 with Total Sold: 43
- The most recent sale happened at this postcode is FLAT 1, 24 FAIRFIELD ROAD: £555,938 (Sold on 18 Jun 2024)
- The first recorded sale happened at this postcode is FLAT 1, ASHVALE COURT, 2 MATILDA GARDENS: £370,500 (Sold on 13 Dec 2007)
Detached
- The average price is around £536,875 median price is £442,500 Standard Deviation is £270,485 with Total Sold: 8
- The Last 5 Year average price is £985,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 15 DOURO STREET: £985,000 (Sold on 29 Apr 2022)
- The first recorded sale happened at this postcode is , 716 WICK LANE: £225,000 (Sold on 30 Mar 2001)
Semi-Detached
- The average price is around £324,794 median price is £285,000 Standard Deviation is £200,195 with Total Sold: 29
- The Last 5 Year average price is £717,500 with Total Sold: 1
- The most recent sale happened at this postcode is , 12 WREXHAM ROAD: £717,500 (Sold on 14 Feb 2020)
- The first recorded sale happened at this postcode is , 521 ROMAN ROAD: £72,000 (Sold on 08 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£391,507	£5,639	68
2023	£397,392	£6,588	152
2022	£411,624	£6,841	167
2021	£421,183	£6,559	226
2020	£442,478	£7,061	155
2019	£373,335	£6,284	137
2018	£341,628	£5,424	193
2017	£387,624	£6,503	149
2016	£413,032	£6,571	260
2015	£376,712	£6,204	296
2014	£317,989	£5,608	320
2013	£289,558	£4,650	253
2012	£256,703	£4,322	164
2011	£246,117	£4,146	170
2010	£235,268	£4,251	173
2009	£246,040	£4,315	157
2008	£275,950	£4,749	109
2007	£261,333	£4,373	356
2006	£225,353	£3,832	401
2005	£212,808	£3,246	435
2004	£190,836	£3,334	203
2003	£189,082	£3,208	239
2002	£167,600	£3,076	266
2001	£146,027	£2,601	224
2000	£127,244	£2,187	217
1999	£101,615	£1,860	233
1998	£88,837	£1,582	171
1997	£67,874	£1,315	190
1996	£61,504	£1,027	112
1995	£73,104	£1,318	256

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£669,500	£7,761	6
2023	£791,500	£8,934	10
2022	£852,080	£7,408	10
2021	£692,194	£7,123	18
2020	£700,633	£6,916	18
2019	£631,111	£7,377	9
2018	£792,000	£7,058	8
2017	£694,406	£7,103	16
2016	£683,964	£6,902	14
2015	£672,876	£6,782	19
2014	£558,886	£5,211	22
2013	£434,150	£4,499	21
2012	£409,545	£4,786	22
2011	£346,857	£3,693	21
2010	£346,823	£3,778	17
2009	£321,563	£3,294	15
2008	£380,833	£4,963	12
2007	£401,465	£3,670	45
2006	£289,286	£3,914	33
2005	£332,878	£3,090	27
2004	£269,365	£2,819	47
2003	£253,302	£3,409	21
2002	£225,583	£2,480	34
2001	£203,498	£1,979	29
2000	£172,125	£1,701	24
1999	£136,984	£1,531	31
1998	£103,333	£1,092	24
1997	£94,935	£924	24
1996	£88,190	£875	21
1995	£91,000	£857	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£555,938		1
2022	£1,220,277	£5,592	12
2021	£4,533,400	£5,147	5
2020	£1,372,500	£4,452	14
2019	£5,085,086	£161,792	11
2018	£1,400,254	£8,678	15
2017	£1,942,917	£1,820	15
2016	£1,179,490	£12,599	18
2015	£800,446	£6,014	7
2014	£4,305,000	£52,416	5
2013	£95,000		1
2007	£370,500	£8,184	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£985,000	£7,756	1
2016	£915,000	£7,205	1
2015	£495,000	£7,089	2
2006	£295,000	£2,837	1
2005	£442,500	£7,275	2
2001	£225,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£717,500	£7,799	1
2018	£712,500	£8,285	1
2016	£593,667	£6,951	3
2013	£575,000	£5,019	2
2012	£363,000	£3,014	3
2010	£315,000	£3,000	1
2007	£273,500	£3,118	2
2006	£288,333	£3,975	3
2004	£300,000		1
2002	£240,756	£2,664	4
2001	£140,500	£1,899	1
2000	£126,500	£1,370	2
1999	£143,000	£1,623	2
1998	£113,750	£1,361	2
1995	£72,000		1

House Type in E3 2BF area

The most common house types in the E3 2BF postcode area are Flat (143), Terraced (28), and Semi-detached (11).

Total	188
Flat	143
Terraced	28
Semi-detached	11
Detached	3
Shared house	3
converted building	0
commercial building	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 (74), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency	74
Owned: Owns with a mortgage or loan	40
Social rented: Other social rented	30
Shared ownership: Shared ownership	15
Owned: Owns outright	11
Social rented: Rents from council or Local Authority	8
Private rented: Other private rented	8
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the E3 2BF have 2 people in household (83), and 1 person in household (47).

2 people in household	83
1 person in household	47
3 people in household	26
4 people in household	19
5 people in household	10
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0