Housing Market Analysis for MERCHANT STREET, E3 4PS

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

Overview of Sold House prices

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

Flat
- The average price is around £284,861 median price is £290,000 Standard Deviation is £64,572 with Total Sold: 63
- The Last 5 Year average price is £353,500 with Total Sold: 8
- The most recent sale happened at this postcode is 17, SAUNDERS APARTMENTS MERCHANT STREET: £330,000 (Sold on 13 Oct 2023)
- The first recorded sale happened at this postcode is 27, SAUNDERS APARTMENTS MERCHANT STREET: £315,000 (Sold on 20 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 4PS 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
2023	£338,000	£7,138	4
2022	£358,000	£6,885	1
2021	£468,000	£7,427	1
2019	£335,000	£7,338	1
2018	£363,333	£6,398	3
2017	£370,000	£8,043	1
2016	£370,000	£8,110	1
2015	£326,500	£6,972	5
2014	£325,108	£6,342	6
2012	£225,000	£4,891	1
2011	£249,476	£4,414	38
2024	£315,000		1

All the Sales in the MERCHANT STREET, E3 4PS

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

Address	Sold Date	Price	% Change
17, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 2007-2011	13 Oct 2023	£330,000	54.93%
	27 May 2011	£213,000	First Sale
30, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 2007-2011	13 Oct 2023	£331,000	0.0
	13 Oct 2023	£331,000	-4.06%
	03 Dec 2015	£345,000	56.82%
	15 Jun 2011	£220,000	First Sale
13, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.65 Sq.mtr	06 Oct 2023	£360,000	7.46%
	05 Nov 2019	£335,000	57.65%
	30 Jun 2011	£212,500	First Sale
36, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 52 Sq.mtrAge: 2007-2011	07 Sep 2022	£358,000	46.12%
	14 Jun 2011	£245,000	First Sale
25, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 63.01 Sq.mtr	25 Jun 2021	£468,000	71.74%
	10 Jun 2011	£272,500	First Sale
3, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.62 Sq.mtr	14 Sep 2018	£300,000	46.34%
	17 Aug 2011	£205,000	First Sale
21, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 81.09 Sq.mtr	14 Sep 2018	£490,000	54.33%
	09 Jun 2011	£317,500	First Sale
2, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.62 Sq.mtr	19 Jan 2018	£300,000	46.34%
	06 Jul 2011	£205,000	First Sale
8, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 2003-2006	01 Aug 2017	£370,000	13.85%
	29 Oct 2014	£325,000	44.44%
	23 Mar 2012	£225,000	First Sale
31, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.62 Sq.mtr	24 Nov 2016	£370,000	18.15%
	04 Jul 2014	£313,150	43.32%
	17 Jun 2011	£218,500	First Sale
9, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.62 Sq.mtr	24 Jul 2015	£340,000	61.52%
	09 Jun 2011	£210,500	First Sale
29, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 2007-2011	30 Apr 2015	£310,000	40.91%
	20 Jun 2011	£220,000	First Sale
38, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 49.46 Sq.mtr	27 Mar 2015	£342,500	44.15%
	22 Jun 2011	£237,600	First Sale
34, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45 Sq.mtrAge: 2007-2011	20 Feb 2015	£295,000	35.01%
	23 Jun 2011	£218,500	First Sale
39, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 54.35 Sq.mtr	21 Nov 2014	£305,000	24.49%
	30 Jun 2011	£245,000	First Sale
22, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 39 Sq.mtrAge: 1996-2002	30 May 2014	£270,000	24.14%
	10 Jun 2011	£217,500	First Sale
19, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 83.09 Sq.mtr	21 Mar 2014	£462,500	49.19%
	27 May 2011	£310,000	First Sale
6, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.65 Sq.mtr	02 Jan 2014	£275,000	29.41%
	07 Jun 2011	£212,500	First Sale
1, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 81 Sq.mtrAge: 2007-2011	30 Sep 2011	£295,000	First Sale
11, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 63.01 Sq.mtr	05 Jul 2011	£265,000	First Sale
35, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 67.33 Sq.mtr	30 Jun 2011	£290,000	First Sale
28, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 65 Sq.mtrAge: 2007-2011	20 Jun 2011	£290,000	First Sale
37, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 56.06 Sq.mtr	20 Jun 2011	£245,000	First Sale
27, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.65 Sq.mtr	17 Jun 2011	£220,000	-30.16%
	20 Mar 2024	£315,000	First Sale
14, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 81.09 Sq.mtr	16 Jun 2011	£305,000	First Sale
32, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 62 Sq.mtrAge: 2007-2011	14 Jun 2011	£277,500	First Sale
24, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.62 Sq.mtr	13 Jun 2011	£217,500	First Sale
7, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 81.09 Sq.mtr	13 Jun 2011	£307,500	First Sale
33, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 2007-2011	10 Jun 2011	£280,000	First Sale
5, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 83.09 Sq.mtr	10 Jun 2011	£300,000	First Sale
23, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.62 Sq.mtr	10 Jun 2011	£217,500	First Sale
20, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.65 Sq.mtr	09 Jun 2011	£217,500	First Sale
18, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 63.01 Sq.mtr	09 Jun 2011	£266,000	First Sale
12, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 79 Sq.mtrAge: 2003-2006	08 Jun 2011	£307,500	First Sale
10, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.62 Sq.mtr	07 Jun 2011	£212,500	First Sale
4, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 63.01 Sq.mtr	01 Jun 2011	£250,000	First Sale
26, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 83.09 Sq.mtr	27 May 2011	£310,000	First Sale
16, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.62 Sq.mtr	27 May 2011	£213,000	First Sale
15, SAUNDERS APARTMENTS MERCHANT STREETFlat, LeaseholdArea: 45.62 Sq.mtr	26 May 2011	£213,000	First Sale

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

MERCHANT STREET, E3 4PS Near By properties

Interactive Map

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

Flat
- The average price is around £258,734 median price is £233,000 Standard Deviation is £152,289 with Total Sold: 4,929
- The Last 5 Year average price is £418,876 with Total Sold: 697
- The most recent sale happened at this postcode is 21, KIRA BUILDING, 18 BOW ROAD: £460,000 (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 £447,742 median price is £325,000 Standard Deviation is £369,510 with Total Sold: 1,251
- The Last 5 Year average price is £892,478 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 £391,768 median price is £249,498 Standard Deviation is £345,986 with Total Sold: 92
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£411,915	£6,034	47
2023	£409,418	£6,802	91
2022	£450,316	£6,736	150
2021	£406,906	£6,419	187
2020	£434,326	£6,567	91
2019	£398,300	£6,351	131
2018	£365,646	£5,916	142
2017	£437,212	£6,650	266
2016	£467,225	£7,120	191
2015	£373,655	£6,192	281
2014	£317,320	£5,398	219
2013	£254,729	£4,232	222
2012	£247,005	£4,083	197
2011	£231,388	£3,935	158
2010	£233,888	£4,133	140
2009	£239,366	£4,192	234
2008	£251,425	£4,176	93
2007	£231,118	£4,030	180
2006	£196,583	£3,209	187
2005	£192,538	£3,231	250
2004	£188,960	£3,118	148
2003	£163,652	£2,614	159
2002	£157,763	£2,620	211
2001	£139,470	£2,335	158
2000	£114,935	£1,860	136
1999	£99,463	£1,726	165
1998	£70,624	£1,181	137
1997	£54,061	£943	113
1996	£57,263	£963	135
1995	£55,654	£1,085	110

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£961,222		9
2023	£877,130	£8,202	27
2022	£935,400	£8,350	35
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	£484,227	£4,641	29
2009	£520,409	£4,192	11
2008	£430,714	£4,349	14
2007	£423,477	£4,160	59
2006	£395,672	£3,589	62
2005	£338,781	£3,101	53
2004	£313,264	£2,937	64
2003	£323,082	£2,746	34
2002	£252,961	£2,450	60
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	£106,881	£874	40

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,958		2
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	£1,947,667		6
2018	£2,874,769	£3,364	6
2017	£858,401	£3,692	12
2016	£2,160,000		3
2015	£690,000		2
2014	£75,000		1

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	£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	£100,056	£803	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£232,500		2
2000	£299,000		1
1999	£225,000	£1,464	1
1998	£120,000		1
1997	£45,000		1

House Type in E3 4PS area

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

Total	177
Flat	173
Shared house	2
Semi-detached	1
commercial building	1
Detached	0
Terraced	0
converted building	0
temporary structure	0

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 agency	67
Social rented: Other social rented	59
Owned: Owns with a mortgage or loan	18
Social rented: Rents from council or Local Authority	16
Owned: Owns outright	8
Private rented: Other private rented	6
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

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

1 person in household	68
2 people in household	58
4 people in household	19
3 people in household	18
5 people in household	9
6 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0