Housing Market Analysis for MICHAEL CLOSE, E3 4GG

Are you looking to understand E3 4GG 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 4GG area, explore the E3 4GG Area information page.
For comprehensive crime statistics in the E3 4GG area, explore the E3 4GG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E3 4GG postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £410,125 median price is £338,500 Standard Deviation is £105,667 with Total Sold: 8
    • The Last 5 Year average price is £545,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 3 MICHAEL CLOSE: £520,000 (Sold on 23 Nov 2020)
    • The first recorded sale happened at this postcode is 5 MICHAEL CLOSE: £325,000 (Sold on 07 Mar 2013)
  • Semi-Detached
    • The average price is around £325,000 median price is £325,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 MICHAEL CLOSE: £325,000 (Sold on 31 Oct 2012)
    • The first recorded sale happened at this postcode is 1 MICHAEL CLOSE: £325,000 (Sold on 31 Oct 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 4GG 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
2020£530,000 £8,143 2
2019£575,000 £8,443 1
2013£329,200 £5,058 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£325,000 £5,078 1

All the Sales in the MICHAEL CLOSE, E3 4GG

See the table below for more details on the sold house prices in the E3 4GG, Tower Hamlets postcode.

AddressSold DatePrice% Change
3 MICHAEL CLOSETerraced, FreeholdArea: 61.3 Sq.mtrAge: 2007 onwards23 Nov 2020£520,00063.01%
18 Jun 2013£319,000First Sale
5 MICHAEL CLOSETerraced, FreeholdArea: 69.2 Sq.mtrAge: 2007 onwards04 Sep 2020£540,00066.15%
07 Mar 2013£325,000First Sale
6 MICHAEL CLOSETerraced, FreeholdArea: 68.1 Sq.mtrAge: 2007 onwards31 May 2019£575,00065.71%
20 May 2013£347,000First Sale
2 MICHAEL CLOSETerraced, FreeholdArea: 58.8 Sq.mtrAge: 2007 onwards28 Jun 2013£325,000First Sale
4 MICHAEL CLOSETerraced, FreeholdArea: 69.2 Sq.mtrAge: 2007 onwards14 Jun 2013£330,000First Sale
1 MICHAEL CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 2003-200631 Oct 2012£325,000First Sale

Check out the sold house prices near the E3 4GG postcode. Properties currently for saleProperties currently for rent

MICHAEL CLOSE, E3 4GG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E3 4GG 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 4GG postcode.

  • Flat
    • The average price is around £273,159 median price is £244,998 Standard Deviation is £160,966 with Total Sold: 4,014
    • The Last 5 Year average price is £411,544 with Total Sold: 712
    • The most recent sale happened at this postcode is FLAT 404, DUESBURY HOUSE, 42 ST PAULS WAY: £510,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 8, BENTLEY HOUSE, 21 WELLINGTON WAY: £64,995 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £379,439 median price is £287,500 Standard Deviation is £293,823 with Total Sold: 657
    • The Last 5 Year average price is £770,320 with Total Sold: 101
    • The most recent sale happened at this postcode is , 18 SARUM TERRACE: £875,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 365 MILE END ROAD: £95,000 (Sold on 09 Jan 1995)
  • Other
    • The average price is around £818,815 median price is £360,000 Standard Deviation is £1,361,114 with Total Sold: 57
    • The Last 5 Year average price is £709,525 with Total Sold: 33
    • 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 UNIT 2, CANDY WHARF, 22 COPPERFIELD ROAD: £500,000 (Sold on 08 Oct 2013)
  • Semi-Detached
    • The average price is around £212,017 median price is £170,000 Standard Deviation is £139,358 with Total Sold: 29
    • The most recent sale happened at this postcode is , 1 MICHAEL CLOSE: £325,000 (Sold on 31 Oct 2012)
    • The first recorded sale happened at this postcode is , 395A MILE END ROAD: £122,500 (Sold on 05 May 1995)
  • Detached
    • The average price is around £306,250 median price is £312,500 Standard Deviation is £130,162 with Total Sold: 4
    • The most recent sale happened at this postcode is , 74 BROKESLEY STREET: £480,000 (Sold on 27 Jul 2006)
    • The first recorded sale happened at this postcode is , 218 BOW COMMON LANE: £120,000 (Sold on 15 Apr 1998)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£404,436 £6,136 51
2023£395,075 £6,132 98
2022£430,749 £6,607 129
2021£390,806 £6,208 149
2020£397,571 £5,952 87
2019£430,761 £6,529 198
2018£410,306 £6,262 206
2017£427,399 £6,472 310
2016£443,594 £6,822 224
2015£350,842 £5,705 112
2014£320,583 £5,138 168
2013£250,988 £4,128 224
2012£242,164 £4,081 163
2011£232,672 £3,947 85
2010£235,873 £3,661 77
2009£236,982 £3,741 140
2008£238,718 £3,834 107
2007£263,104 £4,000 151
2006£190,366 £2,956 142
2005£175,571 £2,650 93
2004£168,363 £2,481 100
2003£151,352 £2,290 125
2002£145,483 £2,306 133
2001£129,519 £2,066 120
2000£108,297 £1,774 97
1999£104,262 £1,530 164
1998£62,553 £989 92
1997£52,019 £823 67
1996£54,860 £981 104
1995£53,750 £1,027 98
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£795,0004
2023£702,500 £7,123 18
2022£778,650 £7,748 20
2021£890,277 £7,544 30
2020£655,750 £7,091 16
2019£708,000 £7,025 13
2018£720,275 £6,644 20
2017£707,292 £6,899 12
2016£743,254 £7,481 10
2015£683,833 £6,581 12
2014£686,650 £6,374 10
2013£564,395 £5,378 22
2012£474,673 £4,786 17
2011£354,056 £3,132 18
2010£398,756 £4,193 16
2009£571,500 £4,720 4
2008£400,714 £4,269 7
2007£406,939 £3,949 33
2006£370,721 £3,168 37
2005£285,595 £2,992 21
2004£276,800 £2,815 35
2003£246,289 £2,478 27
2002£231,947 £2,368 35
2001£238,146 £2,334 28
2000£166,891 £1,696 23
1999£156,031 £1,461 46
1998£114,650 £1,218 43
1997£118,206 £954 30
1996£77,915 £762 26
1995£82,323 £701 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£105,9582
2023£403,000 £6,000 5
2022£352,917 £5,676 6
2021£1,070,750 £6,459 8
2020£363,600 £6,307 5
2019£1,240,844 £5,833 7
2018£1,085,106 £3,364 6
2017£1,097,893 £5,844 14
2016£5,0001
2015£797,0001
2014£75,0001
2013£500,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£325,000 £5,078 1
2009£461,500 £2,894 2
2007£286,000 £3,693 4
2006£290,000 £2,308 2
2004£265,0002
2003£240,000 £2,744 2
2001£401,0001
2000£170,0001
1999£169,249 £1,547 4
1997£99,332 £902 3
1996£132,498 £2,714 2
1995£71,100 £298 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£480,000 £3,721 1
2004£275,000 £2,696 1
2003£350,0001
1998£120,0001

House Type in E3 4GG area

The most common house types in the E3 4GG postcode area are Terraced (98), Shared house (13), and Semi-detached (6).

Total128
Terraced98
Shared house13
Semi-detached6
Flat6
converted building3
Detached2
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 (45), and Owned: Owns with a mortgage or loan (35).

Private rented: Private landlord or letting agency45
Owned: Owns with a mortgage or loan35
Owned: Owns outright32
Social rented: Other social rented8
Private rented: Other private rented5
Shared ownership: Shared ownership3
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the E3 4GG have 2 people in household (39), and 4 people in household (29).

2 people in household39
4 people in household29
1 person in household19
3 people in household18
8 or more people in household13
5 people in household10
6 people in household1
0 people in household0
7 people in household0