Housing Market Analysis for GUNMAKERS LANE, E3 5SB

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

Overview of Sold House prices

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

Flat
- The average price is around £374,943 median price is £330,000 Standard Deviation is £166,418 with Total Sold: 44
- The Last 5 Year average price is £593,500 with Total Sold: 3
- The most recent sale happened at this postcode is FLAT 5, ALBANY WORKS GUNMAKERS LANE: £490,000 (Sold on 20 Oct 2022)
- The first recorded sale happened at this postcode is FLAT 17, ALBANY WORKS GUNMAKERS LANE: £301,500 (Sold on 13 Aug 2004)
Other
- The average price is around £287,000 median price is £287,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 14, ALBANY WORKS GUNMAKERS LANE: £287,000 (Sold on 13 Mar 2018)
- The first recorded sale happened at this postcode is FLAT 14, ALBANY WORKS GUNMAKERS LANE: £287,000 (Sold on 13 Mar 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average E3 5SB 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	£490,000	£8,448	1
2021	£690,000	£8,846	1
2020	£600,500	£8,458	1
2017	£555,000	£8,866	1
2016	£685,000	£9,330	2
2015	£525,000	£7,394	1
2014	£975,000	£5,999	1
2013	£456,998	£6,296	3
2010	£385,000	£5,361	2
2009	£550,000		1
2007	£360,278	£5,503	9
2005	£260,167	£3,757	3
2004	£254,332	£3,508	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£287,000	£3,932	1

All the Sales in the GUNMAKERS LANE, E3 5SB

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

Address	Sold Date	Price	% Change
FLAT 5, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 58 Sq.mtrAge: before 1900	20 Oct 2022	£490,000	55.56%
	29 May 2007	£315,000	53.66%
	04 Oct 2004	£205,000	First Sale
FLAT 19, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 78 Sq.mtrAge: 1900-1929	30 Jun 2021	£690,000	70.37%
	04 Jun 2010	£405,000	28.98%
	03 Sep 2004	£314,000	First Sale
FLAT 11, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 71 Sq.mtrAge: before 1900	16 Oct 2020	£600,500	14.38%
	08 Jun 2015	£525,000	40.94%
	10 Sep 2007	£372,500	61.96%
	26 Aug 2004	£230,000	First Sale
FLAT 14, ALBANY WORKS GUNMAKERS LANEOther, FreeholdArea: 73 Sq.mtrAge: 1996-2002	13 Mar 2018	£287,000	-28.25%
	14 Jun 2013	£399,995	66.67%
	02 Sep 2004	£239,995	First Sale
FLAT 10, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 62.6 Sq.mtrAge: 1900-1929	17 Feb 2017	£555,000	158.14%
	27 Aug 2004	£215,000	First Sale
FLAT 16, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 74 Sq.mtrAge: 1996-2002	31 Aug 2016	£710,000	71.08%
	10 Jul 2007	£415,000	49.28%
	04 Feb 2005	£278,000	First Sale
FLAT 18, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 72.8 Sq.mtrAge: 2003-2006	08 Apr 2016	£660,000	29.41%
	26 Nov 2013	£510,000	75.87%
	27 Aug 2004	£289,995	First Sale
FLAT 21, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 162.54 Sq.mtrAge: 1900-1929	28 Nov 2014	£975,000	143.75%
	02 Sep 2004	£399,995	First Sale
FLAT 17, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	12 Aug 2013	£461,000	19.74%
	26 Jan 2007	£385,000	27.69%
	13 Aug 2004	£301,500	First Sale
FLAT 13, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 66 Sq.mtrAge: 1900-1929	26 Oct 2010	£365,000	47.48%
	27 Aug 2004	£247,495	First Sale
FLAT 23, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	22 Jun 2009	£550,000	41.03%
FLAT 23, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	01 Dec 2004	£390,000	First Sale
FLAT 20, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	20 Nov 2007	£415,000	50.91%
FLAT 20, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	10 Apr 2005	£275,000	First Sale
FLAT 8, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 57 Sq.mtrAge: 1930-1949	30 Aug 2007	£345,001	60.47%
	15 Sep 2004	£215,000	First Sale
FLAT 6, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	30 Jul 2007	£280,000	36.59%
FLAT 6, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	04 Oct 2004	£205,000	First Sale
FLAT 12, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 75 Sq.mtrAge: 1900-1929	29 Jun 2007	£400,000	66.67%
	20 Aug 2004	£240,000	First Sale
FLAT 7, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	26 Feb 2007	£315,000	50.00%
FLAT 7, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	15 Sep 2004	£210,000	First Sale
FLAT 1, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	07 Jan 2005	£227,500	First Sale
FLAT 4, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	22 Oct 2004	£200,000	First Sale
FLAT 2, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 52.64 Sq.mtrAge: 1996-2002	27 Sep 2004	£195,000	First Sale
FLAT 15, ALBANY WORKS GUNMAKERS LANEFlat, Leasehold	02 Sep 2004	£249,995	First Sale
FLAT 9, ALBANY WORKS GUNMAKERS LANEFlat, LeaseholdArea: 76 Sq.mtrAge: 1900-1929	02 Sep 2004	£230,000	First Sale

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

GUNMAKERS LANE, E3 5SB Near By properties

Interactive Map

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

Flat
- The average price is around £249,870 median price is £220,000 Standard Deviation is £151,645 with Total Sold: 2,923
- The Last 5 Year average price is £433,007 with Total Sold: 407
- The most recent sale happened at this postcode is FLAT 55, CONNAUGHT WORKS, 251 OLD FORD ROAD: £550,000 (Sold on 18 Jun 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 £393,950 median price is £315,000 Standard Deviation is £295,004 with Total Sold: 1,193
- The Last 5 Year average price is £868,348 with Total Sold: 139
- The most recent sale happened at this postcode is , 10A JODRELL ROAD: £700,000 (Sold on 05 Jun 2024)
- The first recorded sale happened at this postcode is , 197 PARNELL ROAD: £79,995 (Sold on 15 Feb 1995)
Other
- The average price is around £401,128 median price is £220,000 Standard Deviation is £532,158 with Total Sold: 69
- The Last 5 Year average price is £291,604 with Total Sold: 30
- The most recent sale happened at this postcode is , 29 SCHOOLBELL MEWS: £350,000 (Sold on 01 Nov 2023)
- The first recorded sale happened at this postcode is , 504 ROMAN ROAD: £400,000 (Sold on 07 Oct 2013)
Semi-Detached
- The average price is around £260,701 median price is £185,000 Standard Deviation is £220,180 with Total Sold: 41
- The Last 5 Year average price is £1,100,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1, CANAL COTTAGES PARNELL ROAD: £1,100,000 (Sold on 05 Apr 2022)
- The first recorded sale happened at this postcode is , 57 KENILWORTH ROAD: £110,500 (Sold on 03 Feb 1995)
Detached
- The average price is around £334,814 median price is £257,500 Standard Deviation is £259,419 with Total Sold: 8
- The most recent sale happened at this postcode is , 13 EDEN WAY: £325,000 (Sold on 30 Sep 2015)
- The first recorded sale happened at this postcode is 3, CANAL COTTAGES PARNELL ROAD: £67,510 (Sold on 10 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£442,889	£6,982	18
2023	£438,754	£7,078	67
2022	£423,241	£6,476	75
2021	£439,244	£6,821	112
2020	£449,821	£6,858	68
2019	£408,044	£6,525	67
2018	£415,108	£6,531	69
2017	£406,197	£6,775	93
2016	£412,330	£6,945	90
2015	£356,706	£5,749	96
2014	£352,737	£5,925	284
2013	£283,614	£4,964	76
2012	£265,039	£4,253	88
2011	£228,994	£3,760	75
2010	£248,268	£3,857	58
2009	£232,719	£3,418	49
2008	£231,648	£3,987	50
2007	£242,769	£3,781	113
2006	£212,196	£3,368	160
2005	£194,911	£3,293	141
2004	£184,956	£2,950	155
2003	£164,644	£2,430	123
2002	£154,024	£2,317	123
2001	£125,269	£2,088	129
2000	£113,749	£1,928	142
1999	£90,450	£1,511	107
1998	£72,515	£1,155	62
1997	£56,206	£1,014	91
1996	£56,392	£870	56
1995	£61,137	£1,086	86

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£727,333	£8,233	6
2023	£942,796	£9,058	27
2022	£850,929	£8,958	31
2021	£876,122	£9,150	35
2020	£878,239	£8,121	23
2019	£802,256	£8,147	17
2018	£820,205	£8,777	22
2017	£807,136	£8,222	22
2016	£833,318	£8,920	28
2015	£791,411	£7,792	28
2014	£579,912	£6,629	26
2013	£513,226	£5,469	36
2012	£465,682	£4,876	39
2011	£474,355	£4,760	31
2010	£476,619	£4,638	40
2009	£371,998	£3,641	20
2008	£410,970	£5,066	17
2007	£397,338	£4,676	51
2006	£316,835	£4,035	65
2005	£349,068	£3,229	53
2004	£277,890	£2,901	60
2003	£280,683	£3,118	62
2002	£247,816	£2,447	65
2001	£220,526	£2,300	68
2000	£201,699	£2,305	50
1999	£165,726	£1,689	62
1998	£143,398	£1,420	51
1997	£105,657	£1,051	64
1996	£99,839	£994	55
1995	£92,595	£1,013	39

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£179,167	£5,741	3
2022	£550,262	£10,228	8
2021	£210,500	£2,489	4
2020	£235,000	£5,457	7
2019	£165,191	£1,090	8
2018	£392,985	£27,769	13
2017	£210,380	£3,418	10
2016	£602,944	£9,930	9
2015	£1,186,405		4
2014	£1,050,000		1
2013	£247,500		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,100,000	£14,195	1
2017	£910,000	£11,743	1
2016	£476,000	£7,803	1
2014	£500,000	£4,237	1
2013	£487,500	£4,827	1
2012	£250,000	£4,098	1
2011	£442,778	£4,597	3
2010	£347,205	£3,285	2
2009	£380,000	£5,372	1
2008	£325,000	£6,250	1
2007	£259,000	£3,118	2
2006	£250,000	£5,000	1
2005	£250,000	£5,819	1
2004	£277,000	£3,916	1
2003	£170,000	£3,400	1
2002	£169,500	£3,261	3
2001	£310,000		1
2000	£130,000		1
1999	£150,500	£1,750	2
1998	£130,000	£1,557	4
1997	£115,625	£1,147	4
1996	£88,500	£1,178	2
1995	£72,700	£411	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£325,000	£5,804	1
2010	£820,000	£4,236	1
2007	£655,000	£5,498	1
2004	£405,000		1
2002	£190,000		1
2001	£116,000	£1,172	1
1997	£100,000	£1,282	1
1995	£67,510		1

House Type in E3 5SB area

The most common house types in the E3 5SB postcode area are converted building (47), Flat (21), and Terraced (4).

Total	74
converted building	47
Flat	21
Terraced	4
Detached	1
Shared house	1
Semi-detached	0
commercial 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 (39), and Owned: Owns with a mortgage or loan (19).

Private rented: Private landlord or letting agency	39
Owned: Owns with a mortgage or loan	19
Owned: Owns outright	7
Social rented: Other social rented	3
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the E3 5SB have 2 people in household (38), and 1 person in household (26).

2 people in household	38
1 person in household	26
3 people in household	7
4 people in household	2
6 people in household	1
0 people in household	0
5 people in household	0
7 people in household	0
8 or more people in household	0