Housing Market Analysis for MERCHANT STREET, E3 4LR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £224,375 median price is £190,000 Standard Deviation is £126,354 with Total Sold: 8
    • The Last 5 Year average price is £253,333 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 23, VERITY HOUSE MERCHANT STREET: £395,000 (Sold on 24 Jun 2022)
    • The first recorded sale happened at this postcode is FLAT 23, VERITY HOUSE MERCHANT STREET: £95,000 (Sold on 14 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 4LR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£395,000 £4,438 1
2021£265,000 £4,907 1
2020£100,000 £1,162 1
2018£440,000 £4,490 1
2016£240,0001
2006£140,000 £1,887 1
2003£120,0001
2002£95,000 £1,067 1

All the Sales in the MERCHANT STREET, E3 4LR

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

AddressSold DatePrice% Change
FLAT 23, VERITY HOUSE MERCHANT STREETFlat, LeaseholdArea: 89 Sq.mtrAge: 1950-196624 Jun 2022£395,000315.79%
14 Aug 2002£95,000First Sale
FLAT 17, VERITY HOUSE MERCHANT STREETFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-199020 Jul 2021£265,000First Sale
FLAT 30, VERITY HOUSE MERCHANT STREETFlat, LeaseholdArea: 86.04 Sq.mtrAge: 2007 onwards28 Sep 2020£100,000First Sale
FLAT 18, VERITY HOUSE MERCHANT STREETFlat, LeaseholdArea: 98 Sq.mtrAge: 2003-200603 Aug 2018£440,000First Sale
FLAT 21, VERITY HOUSE MERCHANT STREETFlat, Leasehold30 Mar 2016£240,000100.00%
13 Oct 2003£120,000First Sale
FLAT 10, VERITY HOUSE MERCHANT STREETFlat, LeaseholdArea: 74.2 Sq.mtrAge: 2003-200614 Jul 2006£140,000First Sale

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

MERCHANT STREET, E3 4LR Near By properties

Interactive Map

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

  • Flat
    • The average price is around £255,075 median price is £232,000 Standard Deviation is £150,708 with Total Sold: 4,656
    • The Last 5 Year average price is £425,642 with Total Sold: 653
    • The most recent sale happened at this postcode is FLAT 10, SHERARD APARTMENTS, 157 BOW COMMON LANE: £450,000 (Sold on 09 Aug 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 £453,440 median price is £333,000 Standard Deviation is £366,447 with Total Sold: 1,347
    • The Last 5 Year average price is £901,187 with Total Sold: 195
    • 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 , 19 MORGAN STREET: £200,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £1,124,687 median price is £350,000 Standard Deviation is £2,035,084 with Total Sold: 53
    • The Last 5 Year average price is £831,863 with Total Sold: 29
    • The most recent sale happened at this postcode is , 8 EDICULE SQUARE: £190,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is UNIT 4, 389 MILE END ROAD: £75,000 (Sold on 06 Nov 2014)
  • Semi-Detached
    • The average price is around £380,934 median price is £245,500 Standard Deviation is £342,888 with Total Sold: 96
    • The Last 5 Year average price is £1,158,125 with Total Sold: 4
    • The most recent sale happened at this postcode is , 15 CAMPBELL ROAD: £625,000 (Sold on 02 Oct 2023)
    • The first recorded sale happened at this postcode is , 7 CAMPBELL ROAD: £64,000 (Sold on 28 Apr 1995)
  • Detached
    • The average price is around £454,410 median price is £426,000 Standard Deviation is £250,463 with Total Sold: 21
    • The Last 5 Year average price is £1,030,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 126 ANTILL ROAD: £1,030,000 (Sold on 02 Aug 2022)
    • The first recorded sale happened at this postcode is , 9 HARLEY GROVE: £45,000 (Sold on 10 Feb 1997)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£409,228 £6,034 33
2023£413,495 £6,963 85
2022£459,794 £6,954 136
2021£419,038 £6,556 179
2020£437,620 £6,629 93
2019£402,002 £6,419 127
2018£366,197 £5,932 126
2017£404,008 £6,465 190
2016£465,628 £7,076 190
2015£374,816 £6,203 282
2014£309,906 £5,405 199
2013£255,679 £4,245 214
2012£250,228 £4,144 190
2011£232,642 £3,963 157
2010£235,624 £4,156 137
2009£239,812 £4,218 228
2008£256,147 £4,273 90
2007£233,240 £4,038 175
2006£198,718 £3,253 176
2005£193,465 £3,222 230
2004£188,612 £3,111 145
2003£164,326 £2,579 154
2002£151,302 £2,475 177
2001£138,127 £2,257 148
2000£115,357 £1,903 144
1999£98,367 £1,653 159
1998£71,257 £1,182 137
1997£55,595 £950 104
1996£57,335 £959 136
1995£55,563 £1,077 115
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£948,8758
2023£903,534 £8,421 29
2022£937,667 £8,300 39
2021£944,246 £8,301 54
2020£829,892 £7,711 38
2019£846,065 £8,023 27
2018£934,803 £7,862 33
2017£982,859 £8,015 32
2016£906,571 £7,648 28
2015£810,912 £7,087 34
2014£774,871 £6,931 36
2013£626,407 £5,512 43
2012£544,525 £5,383 38
2011£449,229 £3,925 46
2010£491,035 £4,652 31
2009£459,639 £3,962 18
2008£447,443 £4,349 16
2007£422,748 £4,196 59
2006£405,684 £3,615 58
2005£338,781 £3,143 53
2004£317,260 £2,971 65
2003£322,570 £2,822 40
2002£256,093 £2,459 61
2001£259,355 £2,379 75
2000£201,666 £2,091 52
1999£178,712 £1,583 82
1998£152,495 £1,396 90
1997£140,986 £1,130 57
1996£102,760 £912 62
1995£108,302 £908 43
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,9582
2023£752,500 £5,000 2
2022£207,017 £3,512 6
2021£1,747,750 £9,213 4
2020£257,556 £5,545 9
2019£1,947,6676
2018£2,874,769 £3,364 6
2017£858,401 £3,692 12
2016£2,160,0003
2015£690,0002
2014£75,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£625,000 £5,682 1
2021£1,185,000 £5,739 2
2019£1,637,5001
2018£968,750 £7,305 2
2017£1,500,0001
2014£740,000 £6,379 1
2013£756,000 £4,755 1
2012£788,750 £6,573 4
2011£532,500 £4,027 2
2010£664,000 £4,340 1
2009£463,250 £2,894 4
2007£465,375 £3,728 8
2006£341,875 £3,409 4
2005£741,667 £4,673 3
2004£434,250 £3,812 4
2003£290,000 £3,053 1
2002£360,833 £3,096 6
2001£346,300 £2,690 5
2000£142,205 £1,658 5
1999£202,764 £1,560 14
1998£182,749 £1,690 4
1997£182,571 £1,425 7
1996£106,199 £1,382 5
1995£93,800 £803 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,030,000 £10,098 1
2018£1,000,000 £6,369 1
2015£556,667 £7,938 3
2012£575,000 £5,637 1
2011£655,000 £3,308 1
2006£488,750 £3,162 4
2005£385,000 £4,849 1
2004£372,867 £2,678 3
2003£232,5002
2000£299,0001
1999£225,000 £1,464 1
1998£120,0001
1997£45,0001

House Type in E3 4LR area

The most common house types in the E3 4LR postcode area are Flat (140), Shared house (10), and Detached (3).

Total158
Flat140
Shared house10
Detached3
converted building3
commercial building2
Semi-detached0
Terraced0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (77), and Private rented: Private landlord or letting agency (43).

Social rented: Other social rented77
Private rented: Private landlord or letting agency43
Social rented: Rents from council or Local Authority22
Owned: Owns with a mortgage or loan11
Owned: Owns outright5
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the E3 4LR have 1 person in household (66), and 2 people in household (47).

1 person in household66
2 people in household47
3 people in household14
4 people in household13
5 people in household9
6 people in household3
7 people in household3
8 or more people in household3
0 people in household0