Housing Market Analysis for MERCHANT STREET, E3 4PZ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £259,110 median price is £233,500 Standard Deviation is £71,539 with Total Sold: 50
    • The Last 5 Year average price is £433,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 18, MAHA BUILDING MERCHANT STREET: £433,000 (Sold on 31 Jul 2023)
    • The first recorded sale happened at this postcode is FLAT 5, MAHA BUILDING MERCHANT STREET: £210,000 (Sold on 07 Jan 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 4PZ 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
2023£433,000 £6,463 1
2017£450,000 £6,716 1
2016£422,500 £7,005 4
2014£245,000 £5,367 1
2013£261,143 £4,878 7
2009£230,819 £4,073 36

All the Sales in the MERCHANT STREET, E3 4PZ

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

AddressSold DatePrice% Change
18, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 67 Sq.mtrAge: 2007-201131 Jul 2023£433,000-3.78%
05 Jun 2017£450,000First Sale
37, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 69.79 Sq.mtrAge: before 190030 Sep 2016£490,00096.00%
07 May 2009£250,000First Sale
25, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 67.32 Sq.mtrAge: before 190029 Jul 2016£365,00063.68%
22 Feb 2013£223,000First Sale
23, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 60 Sq.mtrAge: 2007-201126 May 2016£475,000First Sale
8, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 47 Sq.mtrAge: 2007 onwards30 Mar 2016£360,00089.47%
27 Aug 2009£190,000First Sale
36, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 45.65 Sq.mtrAge: before 190028 Feb 2014£245,000First Sale
1, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 47.6 Sq.mtrAge: before 190012 Dec 2013£280,000First Sale
10, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 47.6 Sq.mtrAge: before 190018 Oct 2013£335,000First Sale
31, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 63.57 Sq.mtrAge: before 190026 Sep 2013£315,000First Sale
24, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 47.6 Sq.mtrAge: before 190016 Aug 2013£232,000First Sale
28, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 63.94 Sq.mtrAge: before 190026 Jul 2013£228,000First Sale
16, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 47.6 Sq.mtrAge: before 190008 Feb 2013£215,000First Sale
FLAT 9, MAHA BUILDING MERCHANT STREETFlat, Leasehold27 Jul 2009£187,000First Sale
FLAT 23, MAHA BUILDING MERCHANT STREETFlat, Leasehold08 May 2009£250,000First Sale
FLAT 29, MAHA BUILDING MERCHANT STREETFlat, Leasehold23 Mar 2009£207,500First Sale
FLAT 36, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 45 Sq.mtrAge: 2003-200620 Mar 2009£210,000First Sale
FLAT 30, MAHA BUILDING MERCHANT STREETFlat, Leasehold18 Mar 2009£247,500First Sale
FLAT 26, MAHA BUILDING MERCHANT STREETFlat, Leasehold13 Mar 2009£272,500First Sale
FLAT 13, MAHA BUILDING MERCHANT STREETFlat, Leasehold13 Mar 2009£200,000First Sale
FLAT 28, MAHA BUILDING MERCHANT STREETFlat, Leasehold02 Mar 2009£222,500First Sale
FLAT 3, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 2007-201124 Feb 2009£210,000First Sale
FLAT 21, MAHA BUILDING MERCHANT STREETFlat, Leasehold20 Feb 2009£210,000First Sale
FLAT 16, MAHA BUILDING MERCHANT STREETFlat, Leasehold16 Feb 2009£212,500First Sale
FLAT 35, MAHA BUILDING MERCHANT STREETFlat, Leasehold13 Feb 2009£235,000First Sale
FLAT 10, MAHA BUILDING MERCHANT STREETFlat, Leasehold13 Feb 2009£260,000First Sale
FLAT 34, MAHA BUILDING MERCHANT STREETFlat, Leasehold12 Feb 2009£230,000First Sale
FLAT 15, MAHA BUILDING MERCHANT STREETFlat, Leasehold10 Feb 2009£250,000First Sale
FLAT 33, MAHA BUILDING MERCHANT STREETFlat, Leasehold10 Feb 2009£310,000First Sale
FLAT 27, MAHA BUILDING MERCHANT STREETFlat, Leasehold05 Feb 2009£222,500First Sale
FLAT 4, MAHA BUILDING MERCHANT STREETFlat, Leasehold05 Feb 2009£250,000First Sale
FLAT 31, MAHA BUILDING MERCHANT STREETFlat, Leasehold05 Feb 2009£275,000First Sale
FLAT 25, MAHA BUILDING MERCHANT STREETFlat, Leasehold04 Feb 2009£217,500First Sale
FLAT 22, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 70 Sq.mtrAge: 2007-201103 Feb 2009£250,000First Sale
FLAT 20, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 47 Sq.mtrAge: 2007-201130 Jan 2009£222,500First Sale
FLAT 18, MAHA BUILDING MERCHANT STREETFlat, Leasehold30 Jan 2009£270,000First Sale
FLAT 17, MAHA BUILDING MERCHANT STREETFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-197529 Jan 2009£217,500First Sale
FLAT 24, MAHA BUILDING MERCHANT STREETFlat, Leasehold29 Jan 2009£217,500First Sale
FLAT 1, MAHA BUILDING MERCHANT STREETFlat, Leasehold28 Jan 2009£250,000First Sale
FLAT 14, MAHA BUILDING MERCHANT STREETFlat, Leasehold27 Jan 2009£240,000First Sale
FLAT 19, MAHA BUILDING MERCHANT STREETFlat, Leasehold27 Jan 2009£217,500First Sale
FLAT 6, MAHA BUILDING MERCHANT STREETFlat, Leasehold23 Jan 2009£215,000First Sale
FLAT 12, MAHA BUILDING MERCHANT STREETFlat, Leasehold23 Jan 2009£215,000First Sale
FLAT 7, MAHA BUILDING MERCHANT STREETFlat, Leasehold22 Jan 2009£245,000First Sale
FLAT 2, MAHA BUILDING MERCHANT STREETFlat, Leasehold22 Jan 2009£205,000First Sale
FLAT 11, MAHA BUILDING MERCHANT STREETFlat, Leasehold09 Jan 2009£215,000First Sale
FLAT 5, MAHA BUILDING MERCHANT STREETFlat, Leasehold07 Jan 2009£210,000First Sale

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

MERCHANT STREET, E3 4PZ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £255,986 median price is £232,000 Standard Deviation is £149,901 with Total Sold: 4,941
    • The Last 5 Year average price is £418,951 with Total Sold: 738
    • 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 £439,200 median price is £321,500 Standard Deviation is £362,928 with Total Sold: 1,214
    • The Last 5 Year average price is £867,246 with Total Sold: 177
    • 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 , 155 KNAPP ROAD: £79,500 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £1,213,395 median price is £371,250 Standard Deviation is £2,243,903 with Total Sold: 52
    • The Last 5 Year average price is £1,042,800 with Total Sold: 29
    • The most recent sale happened at this postcode is FLAT 1, 24 FAIRFIELD ROAD: £555,938 (Sold on 18 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 £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 £428,700 median price is £448,800 Standard Deviation is £227,972 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£414,000 £5,821 51
2023£410,737 £6,724 91
2022£429,460 £6,471 148
2021£405,551 £6,350 184
2020£456,988 £6,719 129
2019£396,754 £6,321 135
2018£359,462 £5,768 144
2017£398,186 £6,315 194
2016£464,896 £7,111 192
2015£371,923 £6,127 286
2014£315,268 £5,310 221
2013£253,831 £4,253 216
2012£248,609 £4,089 182
2011£231,786 £3,928 162
2010£236,547 £4,066 147
2009£238,378 £4,161 236
2008£259,017 £4,322 102
2007£230,696 £3,995 185
2006£198,236 £3,206 187
2005£192,858 £3,227 260
2004£196,669 £3,144 159
2003£167,516 £2,665 167
2002£156,486 £2,606 214
2001£139,527 £2,354 156
2000£115,342 £1,882 138
1999£100,225 £1,744 166
1998£70,892 £1,205 132
1997£54,442 £951 114
1996£57,040 £966 137
1995£55,911 £1,101 106
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£882,6679
2023£854,537 £8,167 27
2022£899,686 £7,996 35
2021£917,206 £7,907 50
2020£809,182 £7,144 33
2019£801,467 £7,627 23
2018£909,290 £7,367 31
2017£954,500 £7,507 28
2016£868,160 £7,330 25
2015£802,451 £6,952 31
2014£751,291 £6,509 26
2013£602,005 £5,318 39
2012£548,181 £5,328 30
2011£450,250 £3,724 37
2010£452,629 £4,390 28
2009£522,950 £4,095 10
2008£445,000 £4,423 13
2007£416,139 £4,026 62
2006£381,870 £3,420 64
2005£333,682 £2,985 49
2004£305,752 £2,903 69
2003£308,570 £2,632 34
2002£248,585 £2,382 55
2001£264,347 £2,239 62
2000£186,166 £1,820 49
1999£178,520 £1,575 77
1998£142,343 £1,239 74
1997£133,740 £1,071 57
1996£102,992 £822 53
1995£107,772 £854 34
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,6183
2023£752,500 £5,000 2
2022£1,692,921 £4,448 6
2021£1,747,750 £9,213 4
2020£284,750 £5,545 8
2019£1,395,3046
2018£2,874,769 £3,364 6
2017£631,293 £3,427 11
2016£3,237,5002
2015£546,875 £6,014 4
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£553,333 £3,325 3
2005£442,500 £7,275 2
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 4PZ area

The most common house types in the E3 4PZ postcode area are Flat (154), commercial building (1), and Detached (0).

Total155
Flat154
commercial building1
Detached0
Semi-detached0
Terraced0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (64), and Private rented: Private landlord or letting agency (40).

Social rented: Other social rented64
Private rented: Private landlord or letting agency40
Social rented: Rents from council or Local Authority35
Owned: Owns with a mortgage or loan10
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 4PZ have 2 people in household (49), and 1 person in household (44).

2 people in household49
1 person in household44
3 people in household27
4 people in household19
5 people in household9
6 people in household5
7 people in household1
8 or more people in household1
0 people in household0