Housing Market Analysis for MERCHANT STREET, E3 4PG

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

Overview of Sold House prices

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

Flat
- The average price is around £299,685 median price is £296,250 Standard Deviation is £82,376 with Total Sold: 26
- The Last 5 Year average price is £371,429 with Total Sold: 7
- The most recent sale happened at this postcode is 2, DUCAINE APARTMENTS MERCHANT STREET: £315,000 (Sold on 11 Mar 2022)
- The first recorded sale happened at this postcode is 1, DUCAINE APARTMENTS MERCHANT STREET: £405,000 (Sold on 03 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 4PG 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
2022	£315,000	£7,326	1
2021	£440,000	£6,167	2
2020	£355,000	£7,756	1
2019	£325,000	£7,386	1
2018	£376,250	£6,836	2
2016	£327,000	£7,605	1
2015	£413,000	£5,996	2
2013	£246,100	£4,387	1
2012	£249,000	£4,578	3
2011	£285,000	£3,701	1
2010	£203,240	£4,546	5
2009	£248,000	£4,357	4
2023	£320,000		1
2024	£405,000		1

All the Sales in the MERCHANT STREET, E3 4PG

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

Address	Sold Date	Price	% Change
2, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-2006	11 Mar 2022	£315,000	-3.67%
	18 Mar 2016	£327,000	65.57%
	30 Jul 2010	£197,500	First Sale
21, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 70.62 Sq.mtrAge: before 1900	01 Nov 2021	£475,000	First Sale
16, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 72.22 Sq.mtrAge: before 1900	31 Mar 2021	£405,000	37.29%
	24 Aug 2012	£295,000	First Sale
11, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.77 Sq.mtrAge: before 1900	17 Jan 2020	£355,000	73.17%
	21 Dec 2009	£205,000	First Sale
3, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 44 Sq.mtrAge: 2007-2011	06 Feb 2019	£325,000	64.56%
	21 Jun 2010	£197,500	First Sale
1, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 67 Sq.mtrAge: 2007-2011	08 Jun 2018	£400,000	-1.23%
	03 May 2024	£405,000	First Sale
7, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.77 Sq.mtrAge: before 1900	26 Mar 2018	£352,500	First Sale
8, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 72.22 Sq.mtrAge: before 1900	02 Sep 2015	£430,000	First Sale
17, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 65.59 Sq.mtrAge: before 1900	26 Mar 2015	£396,000	37.74%
	16 Nov 2009	£287,500	First Sale
23, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 56.1 Sq.mtrAge: before 1900	09 Aug 2013	£246,100	First Sale
19, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.77 Sq.mtrAge: before 1900	25 Sep 2012	£230,000	First Sale
6, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 2007 onwards	12 Sep 2012	£222,000	9.90%
	30 Sep 2009	£202,000	First Sale
12, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 77 Sq.mtrAge: 2007 onwards	30 Jun 2011	£285,000	First Sale
14, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.77 Sq.mtrAge: before 1900	24 Sep 2010	£211,600	3.42%
	03 Mar 2010	£204,600	First Sale
18, DUCAINE APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45 Sq.mtrAge: 2007 onwards	08 Jan 2010	£205,000	First Sale
FLAT 20, DUCAINE APARTMENTS MERCHANT STREETFlat, Leasehold	28 Aug 2009	£297,500	First Sale
15, DUCAINE APARTMENTS MERCHANT STREETFlat, Leasehold	15 Dec 2023	£320,000	First Sale

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

MERCHANT STREET, E3 4PG Near By properties

Interactive Map

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

Flat
- The average price is around £256,953 median price is £235,000 Standard Deviation is £148,051 with Total Sold: 4,976
- The Last 5 Year average price is £420,412 with Total Sold: 691
- 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 8, BENTLEY HOUSE, 21 WELLINGTON WAY: £64,995 (Sold on 06 Jan 1995)
Terraced
- The average price is around £449,642 median price is £330,000 Standard Deviation is £367,044 with Total Sold: 1,284
- The Last 5 Year average price is £887,944 with Total Sold: 190
- 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 £1,175,862 median price is £360,000 Standard Deviation is £2,058,835 with Total Sold: 51
- The Last 5 Year average price is £860,501 with Total Sold: 28
- 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 , 77 FAIRFIELD ROAD: £382,500 (Sold on 10 Apr 2015)
Semi-Detached
- The average price is around £389,604 median price is £249,000 Standard Deviation is £344,662 with Total Sold: 93
- 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 £456,482 median price is £453,000 Standard Deviation is £244,889 with Total Sold: 22
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£411,706	£6,034	51
2023	£410,933	£6,935	89
2022	£448,924	£6,790	144
2021	£412,879	£6,476	184
2020	£435,496	£6,608	92
2019	£398,884	£6,401	131
2018	£361,691	£5,837	138
2017	£406,429	£6,462	191
2016	£459,738	£7,108	201
2015	£373,862	£6,176	293
2014	£319,579	£5,396	235
2013	£258,334	£4,313	207
2012	£250,095	£4,136	187
2011	£233,149	£3,951	169
2010	£235,556	£4,133	141
2009	£239,280	£4,206	234
2008	£265,932	£4,532	118
2007	£242,685	£4,205	260
2006	£199,435	£3,246	176
2005	£193,820	£3,257	250
2004	£196,021	£3,140	160
2003	£168,786	£2,657	165
2002	£158,200	£2,629	213
2001	£139,558	£2,345	159
2000	£114,078	£1,860	138
1999	£100,315	£1,751	163
1998	£71,039	£1,195	134
1997	£55,302	£971	109
1996	£57,526	£964	134
1995	£56,106	£1,099	110

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£961,222		9
2023	£870,625	£8,347	28
2022	£935,400	£8,350	35
2021	£923,949	£8,120	53
2020	£827,866	£7,450	38
2019	£833,843	£7,932	27
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	£780,276	£6,879	31
2013	£618,800	£5,414	39
2012	£546,984	£5,351	35
2011	£459,562	£3,816	41
2010	£477,245	£4,591	31
2009	£478,038	£4,043	13
2008	£442,143	£4,469	14
2007	£421,939	£4,152	63
2006	£399,748	£3,589	61
2005	£339,623	£3,112	52
2004	£313,106	£2,949	65
2003	£325,297	£2,724	33
2002	£257,696	£2,486	57
2001	£258,768	£2,383	75
2000	£193,856	£1,958	51
1999	£183,731	£1,628	78
1998	£152,377	£1,336	80
1997	£137,853	£1,107	60
1996	£104,756	£892	59
1995	£109,506	£908	40

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,958		2
2023	£752,500	£5,000	2
2022	£242,420	£3,512	5
2021	£1,747,750	£9,213	4
2020	£257,556	£5,545	9
2019	£1,947,667		6
2018	£2,874,769	£3,364	6
2017	£865,734	£3,427	12
2016	£3,237,500		2
2015	£587,500	£6,014	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£625,000	£5,682	1
2021	£1,185,000	£5,739	2
2019	£1,637,500		1
2018	£968,750	£7,305	2
2017	£1,500,000		1
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	£127,375	£1,578	4
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	£100,375	£971	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£442,500	£7,275	2
2004	£372,867	£2,678	3
2003	£232,500		2
2000	£299,000		1
1999	£225,000	£1,464	1
1998	£120,000		1
1997	£45,000		1

House Type in E3 4PG area

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

Total	158
Flat	140
Shared house	10
Detached	3
converted building	3
commercial building	2
Semi-detached	0
Terraced	0
temporary structure	0

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 rented	77
Private rented: Private landlord or letting agency	43
Social rented: Rents from council or Local Authority	22
Owned: Owns with a mortgage or loan	11
Owned: Owns outright	5
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

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

1 person in household	66
2 people in household	47
3 people in household	14
4 people in household	13
5 people in household	9
6 people in household	3
7 people in household	3
8 or more people in household	3
0 people in household	0