Housing Market Analysis for MERCHANT STREET, E3 4LX

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £134,286 median price is £140,000 Standard Deviation is £44,093 with Total Sold: 7
    • The most recent sale happened at this postcode is FLAT 9, WINCHESTER HOUSE MERCHANT STREET: £195,000 (Sold on 29 Jul 2011)
    • The first recorded sale happened at this postcode is FLAT 8, WINCHESTER HOUSE MERCHANT STREET: £47,000 (Sold on 20 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 4LX 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
2011£195,000 £2,672 1
2008£140,000 £1,750 1
2006£175,000 £2,188 1
2005£115,000 £1,438 1
2004£145,000 £1,768 1
2003£123,000 £1,500 1
1999£47,000 £691 1

All the Sales in the MERCHANT STREET, E3 4LX

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

AddressSold DatePrice% Change
FLAT 9, WINCHESTER HOUSE MERCHANT STREETFlat, LeaseholdArea: 72.99 Sq.mtrAge: 1976-198229 Jul 2011£195,000First Sale
FLAT 17, WINCHESTER HOUSE MERCHANT STREETFlat, LeaseholdArea: 80 Sq.mtrAge: 2003-200624 Apr 2008£140,000-20.00%
17 Oct 2006£175,00052.17%
29 Jul 2005£115,000First Sale
FLAT 11, WINCHESTER HOUSE MERCHANT STREETFlat, LeaseholdArea: 82 Sq.mtrAge: 2003-200620 Feb 2004£145,00017.89%
09 Dec 2003£123,000First Sale
FLAT 8, WINCHESTER HOUSE MERCHANT STREETFlat, LeaseholdArea: 68 Sq.mtrAge: 1976-198220 Aug 1999£47,000First Sale

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

MERCHANT STREET, E3 4LX Near By properties

Interactive Map

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

  • Flat
    • The average price is around £252,597 median price is £230,000 Standard Deviation is £148,055 with Total Sold: 4,861
    • The Last 5 Year average price is £413,049 with Total Sold: 676
    • 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 £454,711 median price is £335,000 Standard Deviation is £371,041 with Total Sold: 1,215
    • The Last 5 Year average price is £892,914 with Total Sold: 180
    • 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 £1,238,405 median price is £372,500 Standard Deviation is £2,106,145 with Total Sold: 48
    • The Last 5 Year average price is £890,890 with Total Sold: 27
    • 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 , 74 BOW ROAD: £30,000 (Sold on 08 Jul 2015)
  • Semi-Detached
    • The average price is around £398,974 median price is £249,998 Standard Deviation is £346,320 with Total Sold: 90
    • 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 £417,311 median price is £401,300 Standard Deviation is £229,243 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£409,431 £5,821 36
2023£410,598 £6,832 87
2022£429,850 £6,491 146
2021£405,226 £6,376 183
2020£430,230 £6,482 90
2019£396,450 £6,315 134
2018£358,219 £5,769 142
2017£398,044 £6,312 195
2016£465,156 £7,111 192
2015£373,019 £6,146 288
2014£314,459 £5,332 221
2013£253,134 £4,235 221
2012£248,120 £4,084 195
2011£232,102 £3,941 159
2010£234,074 £4,130 141
2009£238,410 £4,168 237
2008£250,359 £4,148 94
2007£230,443 £4,004 182
2006£196,630 £3,195 182
2005£193,158 £3,241 250
2004£193,565 £3,150 153
2003£165,898 £2,632 160
2002£156,982 £2,608 213
2001£138,917 £2,332 160
2000£114,472 £1,852 136
1999£99,671 £1,727 166
1998£70,203 £1,182 138
1997£54,339 £940 116
1996£56,872 £963 136
1995£55,376 £1,091 108
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£948,8758
2023£877,130 £8,202 27
2022£926,971 £8,270 35
2021£934,888 £8,094 51
2020£829,692 £7,516 36
2019£846,033 £7,644 23
2018£935,258 £7,791 31
2017£981,613 £7,908 31
2016£909,760 £7,470 25
2015£805,571 £6,977 28
2014£784,118 £6,771 30
2013£615,783 £5,453 36
2012£547,326 £5,394 32
2011£454,091 £3,764 39
2010£490,021 £4,641 28
2009£520,409 £4,192 11
2008£473,636 £4,760 11
2007£419,144 £4,147 60
2006£395,494 £3,573 62
2005£339,623 £3,112 52
2004£313,264 £2,937 64
2003£325,297 £2,724 33
2002£257,590 £2,459 57
2001£268,294 £2,387 63
2000£197,429 £1,978 47
1999£180,959 £1,574 75
1998£153,623 £1,333 74
1997£139,244 £1,109 56
1996£105,326 £864 54
1995£112,576 £898 36
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,9582
2023£752,500 £5,000 2
2022£242,420 £3,512 5
2021£1,747,750 £9,213 4
2020£284,750 £5,545 8
2019£1,947,6676
2018£2,874,769 £3,364 6
2017£935,073 £3,692 11
2016£3,237,5002
2015£690,0002
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£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£182,571 £1,425 7
1996£106,199 £1,382 5
1995£109,357 £971 7
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£488,750 £3,162 4
2005£385,000 £4,849 1
2004£346,300 £2,678 2
2003£232,5002
2000£299,0001
1999£225,000 £1,464 1
1998£120,0001
1997£45,0001

House Type in E3 4LX area

The most common house types in the E3 4LX 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 4LX 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