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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2 Mears CloseHouse Prices / London, Tower Hamlets, Mears Close, E1 1AS
Last updated May 2026
Key Building Insights
2 Mears Close is a residential building situated on Mears Close, London, E1 with 3 addresses.
It ranks as the 634th largest and 1272nd most expensive of the 2,316 buildings in the E1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
3
Properties
- Flats
Key Building Insights
2 Mears Close is a residential building situated on Mears Close, London, E1 with 3 addresses.
It ranks as the 634th largest and 1272nd most expensive of the 2,316 buildings in the E1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
3
Properties
- Flats
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House Pricesin 2 Mears Close
Sale prices range from £397,292 for 2 bedroom leasehold flats (570 ft2) to £475,700 for 2 bedroom leasehold flats (764 ft2) .
Monthly rental prices range from £2,369 pcm for 2 bed flats to £2,710 pcm for 2 bed flats.
The gross rental yield is between 6.8% and 7.2%.
The average value per square foot is £687.
Average Sale Value
£426,481
Average Rental Value
£2,497 pcm
Average Rental Yield
7.0% /year
Average Value Per Sqft
£687 /ft2
Sales Market Trendsin 2 Mears Close
The last sale in 2 Mears Close sold for £470,000 on 29th October 2019. Since then prices are down an average of 8.8%.
The current average value in the building is £426,481.
The 2 Mears Close Sales Market has decreased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £426,481 |
| April 2025 | -1.5% | £439,484 |
| April 2024 | 0.1% | £446,284 |
| April 2023 | -2.7% | £445,784 |
| April 2022 | 2.4% | £458,332 |
| April 2021 | -4.7% | £447,724 |
| April 2020 | 0.9% | £469,925 |
| April 2019 | -4.2% | £465,832 |
| April 2018 | -4% | £486,505 |
| April 2017 | 0.2% | £506,744 |
| April 2016 | 7% | £505,599 |
| April 2015 | 8.4% | £472,532 |
| April 2014 | 23.7% | £435,868 |
| April 2013 | 4.9% | £352,442 |
| April 2012 | 7.6% | £335,935 |
| April 2011 | 1.8% | £312,153 |
| April 2010 | 5.4% | £306,775 |
| April 2009 | -9.3% | £290,998 |
| April 2008 | 13.3% | £320,788 |
| April 2007 | 0% | £283,052 |
Rental Market Trendsin 2 Mears Close
The current average rental value in the building is £2,497.
The 2 Mears Close Rental Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 7% | £2,497pcm |
| April 2025 | 0.2% | £2,334pcm |
| April 2024 | 5.2% | £2,329pcm |
| April 2023 | 13.9% | £2,214pcm |
| April 2022 | 20.7% | £1,944pcm |
| April 2021 | -14.5% | £1,611pcm |
| April 2020 | 2.4% | £1,883pcm |
| April 2019 | 2.2% | £1,839pcm |
| April 2018 | -1.4% | £1,800pcm |
| April 2017 | -3.1% | £1,827pcm |
| April 2016 | 1.5% | £1,886pcm |
| April 2015 | 0.8% | £1,857pcm |
| April 2014 | 1.9% | £1,843pcm |
| April 2013 | -0.8% | £1,809pcm |
| April 2012 | 8.7% | £1,824pcm |
| April 2011 | 9.8% | £1,678pcm |
| April 2010 | -0.2% | £1,528pcm |
| April 2009 | -8.2% | £1,530pcm |
| April 2008 | 14.4% | £1,667pcm |
| April 2007 | 0% | £1,456pcm |
Explore Propertiesin 2, Mears Close, London, E1 1AS
Sales Historyin 2, Mears Close, London, E1 1AS
The last sale was on 29th October 2019 for £470,000 and since then the market in the area has decreased by 8.8%. The building has had a total of 5 sales since 1995.
2, Mears Close, London, E1 1AS has seen no sales in the last three years and no sales in the last twelve months.
Sold Oct 2019£470,000 | 2 Bed Flat2, Mears CloseFlat 2, 2, Mears Close, London, E1 1AS
Sold Aug 2013£420,000 | 2 Bed Flat2, Mears CloseFlat 1, 2, Mears Close, London, E1 1AS
Sold Nov 2007£320,000 | 2 Bed Flat2, Mears CloseFlat 2, 2, Mears Close, London, E1 1AS
Sold Nov 2007£275,000 | 2 Bed Flat2, Mears CloseFlat 1, 2, Mears Close, London, E1 1AS
Sold Oct 2007£265,000 | 2 Bed Flat2, Mears CloseFlat 3, 2, Mears Close, London, E1 1AS
Property Typesin 2 Mears Close
- 3 modern flats built after 1980
- modern flat (3)
Energy Efficiencyof properties in 2 Mears Close
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Schools Nearbyto 2, Mears Close, London, E1 1AS
The nearest primary school to 2, Mears Close, London, E1 1AS is Kobi Nazrul Primary School which is 69 metres away.
- 69mKobi Nazrul Primary School
- 328mHarry Gosling Primary School
- 481mMulberry Canon Barnett Primary Academy
The nearest secondary school is London Enterprise Academy which is 168 metres away.
- 168mLondon Enterprise Academy
- 322mWapping High School
- 447mMulberry School for Girls
More reading links
Public Transport Nearbyto 2, Mears Close, London, E1 1AS
The closest station to 2, Mears Close, London, E1 1AS is Aldgate East station which is 400 metres away.
- 466mWhitechapel
- 519mAldgate East
- 774mAldgate
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