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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
E1W 3REHouse Prices / London, Tower Hamlets, Penang Street
Last updated May 2026
Key Postcode Insights
E1W 3RE is a residential postcode situated on Penang Street, London, E1 with 11 addresses.
It ranks as the 481st largest and 305th most expensive of the 1,717 postcodes in the E1W area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 flats.
11
Properties
- Flats
Key Postcode Insights
E1W 3RE is a residential postcode situated on Penang Street, London, E1 with 11 addresses.
It ranks as the 481st largest and 305th most expensive of the 1,717 postcodes in the E1W area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 flats.
11
Properties
- Flats
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House Pricesin E1W 3RE
Sale prices range from £322,621 for 1 bedroom leasehold flats (505 ft2) to £428,377 for 2 bedroom leasehold flats (796 ft2) .
Monthly rental prices range from £1,952 pcm for 1 bed flats to £2,492 pcm for 2 bed flats.
The gross rental yield is between 7.0% and 7.5%.
The average value per square foot is £644.
Average Sale Value
£357,871
Average Rental Value
£2,173 pcm
Average Rental Yield
7.3% /year
Average Value Per Sqft
£644 /ft2
Sales Market Trendsin E1W 3RE
The last sale in E1W 3RE sold for £360,000 on 6th September 2023. Since then prices are down an average of 3.5%.
The current average value in the postcode is £357,871.
The E1W 3RE Sales Market has decreased by 13.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £357,871 |
| April 2025 | -0.2% | £368,248 |
| April 2024 | -1.1% | £368,916 |
| April 2023 | -1.4% | £372,970 |
| April 2022 | 1.2% | £378,355 |
| April 2021 | -3.8% | £373,830 |
| April 2020 | 2.1% | £388,517 |
| April 2019 | -4.2% | £380,551 |
| April 2018 | -3.9% | £397,076 |
| April 2017 | -0.1% | £412,991 |
| April 2016 | 8.8% | £413,433 |
| April 2015 | 11.3% | £379,872 |
| April 2014 | 25.1% | £341,439 |
| April 2013 | 3.9% | £273,017 |
| April 2012 | 6.5% | £262,741 |
| April 2011 | 1.4% | £246,801 |
| April 2010 | 4.3% | £243,432 |
| April 2009 | -11.4% | £233,309 |
| April 2008 | 13.2% | £263,476 |
| April 2007 | 0% | £232,737 |
Rental Market Trendsin E1W 3RE
The current average rental value in the postcode is £2,173.
The E1W 3RE Rental Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 7.2% | £2,173pcm |
| April 2025 | 1.5% | £2,027pcm |
| April 2024 | 4.5% | £1,998pcm |
| April 2023 | 14.2% | £1,912pcm |
| April 2022 | 18.8% | £1,674pcm |
| April 2021 | -13.1% | £1,409pcm |
| April 2020 | 3.5% | £1,621pcm |
| April 2019 | 1.4% | £1,567pcm |
| April 2018 | -1.6% | £1,545pcm |
| April 2017 | -3.1% | £1,570pcm |
| April 2016 | 2.8% | £1,620pcm |
| April 2015 | 4.4% | £1,576pcm |
| April 2014 | 3.3% | £1,510pcm |
| April 2013 | -2.1% | £1,462pcm |
| April 2012 | 8.5% | £1,494pcm |
| April 2011 | 9.6% | £1,378pcm |
| April 2010 | -1.3% | £1,257pcm |
| April 2009 | -10.8% | £1,273pcm |
| April 2008 | 14.4% | £1,427pcm |
| April 2007 | 0% | £1,247pcm |
Explore Propertiesin E1W 3RE, Penang Street, London, E1
- 11, Penang Street, London, E1W 3RE2 bed mid-century flat
- 13, Penang Street, London, E1W 3RE2 bed mid-century flat
- 15, Penang Street, London, E1W 3RE2 bed mid-century flat
- 16, Penang Street, London, E1W 3RE
- 17, Penang Street, London, E1W 3RE
- 18, Penang Street, London, E1W 3RE
- 19, Penang Street, London, E1W 3RE2 bed mid-century flat
- 20, Penang Street, London, E1W 3RE
- 21, Penang Street, London, E1W 3RE2 bed mid-century flat
- 23, Penang Street, London, E1W 3RE2 bed mid-century flat
- 25, Penang Street, London, E1W 3RE1 bed mid-century flat
Sales Historyin E1W 3RE
The last sale was on 6th September 2023 for £360,000 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 5 sales since 1995.
E1W 3RE has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Sep 2023£360,000 | 2 Bed FlatPenang Street21, Penang Street, London, E1W 3RE
Sold Jun 2021£316,000 | 2 Bed FlatPenang Street21, Penang Street, London, E1W 3RE
Sold Jun 2019£400,000 | 2 Bed FlatPenang Street13, Penang Street, London, E1W 3RE
Sold Feb 2016£355,000 | 2 Bed FlatPenang Street13, Penang Street, London, E1W 3RE
Sold Sep 2007£235,000 | 2 Bed FlatPenang Street13, Penang Street, London, E1W 3RE
Nearby Postcodesto E1W 3RE
E1W 3RE is the 481st largest and the 305th most expensive postcode out of the 1,717 postcodes in the E1W area.
- 26 mE1W 3RH, Agatha Close, London, E1E1W 3RH15 Addresses
- 31 mE1W 3QG, Farthing Fields, London, E1E1W 3QG20 Addresses
- 49 mE1W 3RN, John Rennie Walk, London, E1E1W 3RN34 Addresses
- 49 mE1W 3QQ, Farthing Fields, London, E1E1W 3QQ10 Addresses
- 55 mE1W 3AR, Cobblestone Square, London, E1E1W 3AR48 Addresses
- 62 mE1W 3AU, Raine Street, London, E1E1W 3AU49 Addresses
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Property Typesin E1W 3RE
- 7 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century flat (7)
- Unknown (4)
Energy Efficiencyof properties in E1W 3RE
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (2)
- No EPC (4)
Schools Nearbyto E1W 3RE
The nearest primary school to E1W 3RE is St Peter's London Docks CofE Primary School which is 124 metres away.
- 124mSt Peter's London Docks CofE Primary School
- 458mBlue Gate Fields Junior School
- 458mBlue Gate Fields Infants' School
The nearest secondary school is Mulberry Academy London Dock which is 702 metres away.
- 702mMulberry Academy London Dock
- 833mBishop Challoner Catholic School
- 853mMulberry School for Girls
More reading links
Public Transport Nearbyto E1W 3RE
The closest station to E1W 3RE is Wapping station which is 300 metres away.
- 269mWapping
- 468mShadwell
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