Housing Market Analysis for GROVE ROAD, E3 5RP

Are you looking to understand E3 5RP 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 5RP area, explore the E3 5RP Area information page.
For comprehensive crime statistics in the E3 5RP area, explore the E3 5RP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E3 5RP postcode area, The average prices are as follows,

Flat
- The average price is around £274,905 median price is £225,000 Standard Deviation is £164,083 with Total Sold: 21
- The Last 5 Year average price is £519,375 with Total Sold: 4
- The most recent sale happened at this postcode is 103A GROVE ROAD: £625,000 (Sold on 03 Feb 2023)
- The first recorded sale happened at this postcode is FLAT B, 107 GROVE ROAD: £63,500 (Sold on 24 Apr 1998)
Terraced
- The average price is around £603,833 median price is £427,500 Standard Deviation is £430,892 with Total Sold: 6
- The most recent sale happened at this postcode is 113 GROVE ROAD: £1,170,000 (Sold on 30 Jun 2017)
- The first recorded sale happened at this postcode is 113 GROVE ROAD: £117,000 (Sold on 22 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 5RP 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	£625,000		1
2021	£468,750		2
2019	£515,000		1
2015	£440,000		2
2014	£348,333		3
2008	£240,000		1
2007	£225,000	£2,273	1
2005	£177,500		1
2004	£167,000	£3,956	2
2003	£172,500		1
2002	£173,000		1
2000	£108,333	£2,052	3
1999	£60,000	£1,579	1
1998	£63,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£1,170,000	£6,724	1
2015	£1,215,000	£7,547	1
2013	£485,000		1
2002	£370,000	£2,033	1
2000	£266,000	£1,462	1
1995	£117,000	£672	1

All the Sales in the GROVE ROAD, E3 5RP

See the table below for more details on the sold house prices in the E3 5RP, Tower Hamlets postcode.

Address	Sold Date	Price	% Change
103A GROVE ROADFlat, Leasehold	03 Feb 2023	£625,000	62.34%
103A GROVE ROADFlat, Leasehold	17 Mar 2014	£385,000	First Sale
103 GROVE ROADFlat, Leasehold	27 Aug 2021	£442,500	22.92%
	22 Apr 2014	£360,000	-25.77%
	29 Oct 2013	£485,000	First Sale
MAISONETTE GROUND & LOWER GROUND, 105 GROVE ROADFlat, Leasehold	25 Feb 2021	£495,000	4.76%
	16 Nov 2015	£472,500	57.50%
	13 Oct 2014	£300,000	First Sale
MAISONETTE FIRST & SECOND FLOORS, 105A GROVE ROADFlat, Leasehold	16 Apr 2019	£515,000	26.38%
	27 Mar 2015	£407,500	First Sale
113 GROVE ROADTerraced, FreeholdArea: 174 Sq.mtrAge: before 1900	30 Jun 2017	£1,170,000	900.00%
	22 Mar 1995	£117,000	First Sale
117 GROVE ROADTerraced, FreeholdArea: 161 Sq.mtrAge: 1900-1929	18 Dec 2015	£1,215,000	First Sale
111 GROVE ROADFlat, Leasehold	24 Jul 2008	£240,000	39.13%
111 GROVE ROADFlat, Leasehold	09 May 2003	£172,500	First Sale
109 GROVE ROADFlat, LeaseholdArea: 99 Sq.mtrAge: 1900-1929	12 Oct 2007	£225,000	87.50%
109 GROVE ROADFlat, LeaseholdArea: 99 Sq.mtrAge: 1900-1929	28 Apr 2000	£120,000	First Sale
FLAT B, 107 GROVE ROADFlat, Leasehold	29 Jul 2005	£177,500	2.60%
	18 Dec 2002	£173,000	172.44%
	24 Apr 1998	£63,500	First Sale
FLAT A, 107 GROVE ROADFlat, Leasehold	08 Sep 2004	£156,000	64.21%
	29 Aug 2000	£95,000	58.33%
	05 Mar 1999	£60,000	First Sale
107 GROVE ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-2002	23 Aug 2004	£178,000	61.82%
107 GROVE ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-2002	12 May 2000	£110,000	First Sale
115 GROVE ROADTerraced, FreeholdArea: 182 Sq.mtrAge: before 1900	25 Jul 2002	£370,000	39.10%
	14 Apr 2000	£266,000	First Sale

Check out the sold house prices near the E3 5RP postcode. Properties currently for saleProperties currently for rent

GROVE ROAD, E3 5RP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E3 5RP 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 5RP postcode.

Flat
- The average price is around £295,664 median price is £250,000 Standard Deviation is £183,376 with Total Sold: 3,689
- The Last 5 Year average price is £472,318 with Total Sold: 452
- The most recent sale happened at this postcode is APARTMENT 105, REGALIA POINT, 30 PALMERS ROAD: £640,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 41A ZEALAND ROAD: £65,000 (Sold on 16 Jan 1995)
Terraced
- The average price is around £474,414 median price is £360,000 Standard Deviation is £363,652 with Total Sold: 1,827
- The Last 5 Year average price is £982,799 with Total Sold: 254
- The most recent sale happened at this postcode is , 43 MEDWAY ROAD: £1,550,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 10 MOODY STREET: £57,000 (Sold on 04 Jan 1995)
Other
- The average price is around £770,621 median price is £215,000 Standard Deviation is £1,417,472 with Total Sold: 65
- The Last 5 Year average price is £777,986 with Total Sold: 42
- 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 , 504 ROMAN ROAD: £400,000 (Sold on 07 Oct 2013)
Detached
- The average price is around £516,967 median price is £500,000 Standard Deviation is £301,902 with Total Sold: 15
- The Last 5 Year average price is £1,071,250 with Total Sold: 2
- 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 , 28 KENILWORTH ROAD: £100,000 (Sold on 28 Feb 1997)
Semi-Detached
- The average price is around £366,730 median price is £249,000 Standard Deviation is £319,847 with Total Sold: 67
- The Last 5 Year average price is £850,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 141 ANTILL ROAD: £850,000 (Sold on 31 Mar 2021)
- The first recorded sale happened at this postcode is , 57 KENILWORTH ROAD: £110,500 (Sold on 03 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£504,812	£7,429	32
2023	£477,698	£7,445	60
2022	£503,541	£7,285	78
2021	£470,159	£7,545	121
2020	£495,018	£7,037	74
2019	£412,359	£6,237	87
2018	£415,458	£6,276	102
2017	£493,978	£7,076	148
2016	£523,156	£7,795	258
2015	£457,619	£6,596	175
2014	£414,444	£6,039	196
2013	£315,280	£4,981	117
2012	£279,711	£4,261	109
2011	£269,539	£4,162	85
2010	£286,650	£4,376	80
2009	£251,059	£3,784	71
2008	£251,810	£3,919	66
2007	£266,013	£3,834	291
2006	£228,163	£3,394	210
2005	£229,188	£3,292	212
2004	£192,329	£3,066	162
2003	£176,873	£2,633	117
2002	£169,459	£2,737	139
2001	£142,966	£2,165	116
2000	£128,027	£2,134	131
1999	£100,232	£1,581	114
1998	£85,165	£1,277	109
1997	£67,271	£1,030	101
1996	£63,178	£840	74
1995	£54,179	£851	54

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,074,324	£8,912	17
2023	£1,016,936	£9,495	39
2022	£967,451	£9,547	51
2021	£989,740	£9,265	72
2020	£943,377	£8,845	39
2019	£953,162	£8,383	36
2018	£984,762	£8,925	40
2017	£970,610	£8,789	41
2016	£927,088	£9,118	50
2015	£832,150	£7,814	55
2014	£746,188	£7,367	47
2013	£647,478	£6,143	53
2012	£548,791	£5,355	57
2011	£540,403	£5,056	55
2010	£511,581	£4,867	65
2009	£473,316	£4,204	30
2008	£471,731	£4,743	22
2007	£430,334	£5,075	59
2006	£390,515	£4,007	68
2005	£359,366	£3,290	81
2004	£349,249	£3,364	64
2003	£332,135	£3,107	69
2002	£278,199	£2,590	92
2001	£255,680	£2,517	99
2000	£220,208	£2,327	76
1999	£193,465	£1,795	87
1998	£163,783	£1,488	100
1997	£131,109	£1,171	99
1996	£107,771	£1,007	94
1995	£104,422	£955	70

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£575,000		4
2023	£107,167	£5,741	6
2022	£480,649	£4,759	4
2021	£700,092	£3,133	9
2020	£222,222	£5,455	9
2019	£1,950,900	£882	10
2018	£712,718	£51,606	6
2017	£839,715	£5,084	10
2016	£19,500		1
2015	£1,061,750		4
2014	£75,000		1
2013	£400,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,030,000	£10,098	1
2021	£1,112,500		1
2017	£880,000		1
2015	£502,500	£7,500	2
2013	£500,000		1
2012	£487,500	£4,445	2
2007	£655,000	£5,498	1
2006	£600,000		1
2004	£426,000		1
2002	£190,000		1
2001	£116,000	£1,172	1
1999	£165,000		1
1997	£100,000	£1,282	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£850,000	£10,000	1
2017	£1,500,000		1
2016	£1,210,000	£7,709	1
2015	£945,000	£9,450	1
2013	£789,500	£4,999	2
2012	£985,000	£7,446	2
2011	£416,500	£4,066	2
2010	£374,705	£3,962	2
2009	£457,500	£5,372	2
2008	£325,000	£6,250	1
2007	£506,000	£3,831	4
2006	£403,750	£3,803	2
2005	£625,000	£5,246	2
2004	£423,000	£4,049	4
2003	£170,000	£3,400	1
2002	£333,500	£3,310	6
2001	£393,667	£3,381	3
2000	£193,842	£2,176	3
1999	£220,333	£1,459	3
1998	£159,250	£1,651	6
1997	£165,312	£1,367	8
1996	£116,749	£1,146	4
1995	£96,917	£1,351	6

House Type in E3 5RP area

The most common house types in the E3 5RP postcode area are Flat (92), Terraced (14), and Shared house (12).

Total	131
Flat	92
Terraced	14
Shared house	12
Semi-detached	5
commercial building	4
converted building	3
temporary structure	1
Detached	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (50), and Private rented: Private landlord or letting agency (40).

Social rented: Other social rented	50
Private rented: Private landlord or letting agency	40
Owned: Owns with a mortgage or loan	17
Owned: Owns outright	16
Social rented: Rents from council or Local Authority	7
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 5RP have 2 people in household (33), and 1 person in household (28).

2 people in household	33
1 person in household	28
3 people in household	28
5 people in household	22
4 people in household	16
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0