Housing Market Analysis for MERCHANT STREET, E3 4LT

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £147,250 median price is £147,000 Standard Deviation is £86,632 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 16, WHIPPINGHAM HOUSE MERCHANT STREET: £270,000 (Sold on 23 Mar 2016)
    • The first recorded sale happened at this postcode is FLAT 15, WHIPPINGHAM HOUSE MERCHANT STREET: £25,000 (Sold on 30 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 4LT 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
2016£270,000 £3,750 1
2014£149,000 £3,386 1
2012£145,000 £2,959 1
1996£25,000 £289 1

All the Sales in the MERCHANT STREET, E3 4LT

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

AddressSold DatePrice% Change
FLAT 16, WHIPPINGHAM HOUSE MERCHANT STREETFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-200623 Mar 2016£270,000First Sale
FLAT 7, WHIPPINGHAM HOUSE MERCHANT STREETFlat, LeaseholdArea: 44 Sq.mtrAge: 1967-197514 Apr 2014£149,000First Sale
FLAT 5, WHIPPINGHAM HOUSE MERCHANT STREETFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-197506 Jul 2012£145,000First Sale
FLAT 15, WHIPPINGHAM HOUSE MERCHANT STREETFlat, LeaseholdArea: 86.6 Sq.mtrAge: 2003-200630 Jan 1996£25,000First Sale

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

MERCHANT STREET, E3 4LT Near By properties

Interactive Map

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

  • Flat
    • The average price is around £260,466 median price is £235,000 Standard Deviation is £153,996 with Total Sold: 4,731
    • The Last 5 Year average price is £421,846 with Total Sold: 673
    • 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 £447,684 median price is £325,000 Standard Deviation is £369,389 with Total Sold: 1,249
    • The Last 5 Year average price is £890,158 with Total Sold: 181
    • 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 £1,113,767 median price is £355,000 Standard Deviation is £2,017,720 with Total Sold: 54
    • The Last 5 Year average price is £821,967 with Total Sold: 30
    • 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 £386,305 median price is £247,500 Standard Deviation is £344,379 with Total Sold: 94
    • 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 £424,589 median price is £421,800 Standard Deviation is £227,316 with Total Sold: 18
    • The most recent sale happened at this postcode is , 8 HARLEY GROVE: £1,000,000 (Sold on 25 May 2018)
    • 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£409,986 £6,034 36
2023£413,394 £6,810 89
2022£454,586 £6,766 147
2021£409,824 £6,434 183
2020£434,326 £6,567 91
2019£401,616 £6,337 127
2018£366,917 £5,883 135
2017£437,308 £6,652 265
2016£469,575 £7,112 188
2015£374,420 £6,198 276
2014£318,089 £5,389 213
2013£254,848 £4,221 215
2012£248,669 £4,086 192
2011£231,286 £3,933 155
2010£233,848 £4,138 137
2009£239,713 £4,197 230
2008£252,855 £4,186 86
2007£231,825 £3,998 173
2006£195,320 £3,177 176
2005£193,030 £3,203 231
2004£188,802 £3,100 143
2003£163,673 £2,574 151
2002£150,721 £2,466 174
2001£135,910 £2,257 141
2000£115,421 £1,856 134
1999£97,775 £1,645 158
1998£70,919 £1,182 135
1997£54,765 £935 105
1996£57,263 £963 135
1995£55,654 £1,085 110
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£948,8758
2023£877,130 £8,202 27
2022£927,194 £8,346 36
2021£936,555 £8,180 51
2020£817,229 £7,480 35
2019£837,448 £7,745 24
2018£935,258 £7,791 31
2017£994,667 £8,008 30
2016£909,360 £7,590 25
2015£816,866 £6,954 30
2014£777,019 £6,770 29
2013£619,816 £5,408 37
2012£541,498 £5,317 34
2011£453,449 £3,798 39
2010£490,021 £4,641 28
2009£520,409 £4,192 11
2008£430,714 £4,349 14
2007£423,477 £4,160 59
2006£399,748 £3,589 61
2005£338,781 £3,101 53
2004£313,264 £2,937 64
2003£323,082 £2,746 34
2002£255,316 £2,450 59
2001£260,714 £2,395 70
2000£194,941 £1,943 48
1999£179,765 £1,575 77
1998£151,232 £1,333 78
1997£138,865 £1,107 58
1996£101,665 £893 58
1995£105,128 £851 41
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,9582
2023£752,500 £5,000 2
2022£253,871 £4,317 7
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£240,000 £2,744 2
2002£408,000 £3,096 5
2001£346,300 £2,690 5
2000£115,500 £1,605 3
1999£202,764 £1,560 14
1998£182,749 £1,690 4
1997£169,749 £1,345 8
1996£106,199 £1,382 5
1995£100,056 £803 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£1,000,000 £6,369 1
2015£556,667 £7,938 3
2011£655,000 £3,308 1
2006£553,333 £3,325 3
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 4LT area

The most common house types in the E3 4LT postcode area are Flat (173), Shared house (2), and Semi-detached (1).

Total177
Flat173
Shared house2
Semi-detached1
commercial building1
Detached0
Terraced0
converted 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 (67), and Social rented: Other social rented (59).

Private rented: Private landlord or letting agency67
Social rented: Other social rented59
Owned: Owns with a mortgage or loan18
Social rented: Rents from council or Local Authority16
Owned: Owns outright8
Private rented: Other private rented6
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the E3 4LT have 1 person in household (68), and 2 people in household (58).

1 person in household68
2 people in household58
4 people in household19
3 people in household18
5 people in household9
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0