Penang Street - E1W 3RE
Key Street Insights
Penang Street is a residential street with 11 addresses.
It ranks as the 138th largest and 78th most expensive of the 613 streets in the E1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 11 properties: 11 flats.
- Ave. Sale Price
- £358,935
- 10 Year change
- down 14.6%
- Ave. Rental Price
- £2,232pcm
- 10 Year change
- up 32.1%
- Ave. £ per ft²
- £647/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Street Insights
Penang Street is a residential street with 11 addresses.
It ranks as the 138th largest and 78th most expensive of the 613 streets in the E1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 11 properties: 11 flats.
- Ave. Sale Price
- £358,935
- 10 Year change
- down 14.6%
- Ave. Rental Price
- £2,232pcm
- 10 Year change
- up 32.1%
- Ave. £ per ft²
- £647/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertieson Penang Street, London, E1
- 11 Penang Street
2 Bed Mid-century Flat
- 13 Penang Street
2 Bed Mid-century Flat
- 15 Penang Street
2 Bed Mid-century Flat
- 16 Penang Street
Flat
- 17 Penang Street
Flat
Sales Market Trends
The last sale on Penang Street sold for £360,000 on 6th September 2023. Since then prices are down an average of 4.5%.
The current average value in the street is £358,935.
The Penang Street Sales Market has decreased by 14.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £358,935 |
| June 2025 | -1.2% | £370,401 |
| June 2024 | -1% | £374,715 |
| June 2023 | -1.6% | £378,567 |
| June 2022 | 2.3% | £384,873 |
| June 2021 | -4.5% | £376,075 |
| June 2020 | 1.6% | £393,662 |
| June 2019 | -2.6% | £387,303 |
| June 2018 | -4.7% | £397,830 |
| June 2017 | -0.7% | £417,393 |
| June 2016 | 8.1% | £420,141 |
| June 2015 | 9.6% | £388,752 |
| June 2014 | 26.4% | £354,588 |
| June 2013 | 5.2% | £280,573 |
| June 2012 | 6.2% | £266,783 |
| June 2011 | 1.7% | £251,172 |
| June 2010 | 5.9% | £247,086 |
| June 2009 | -10.5% | £233,324 |
| June 2008 | 7.3% | £260,788 |
| June 2007 | 0% | £243,032 |
Rental Market Trends
The current average rental value in the street is £2,232.
The Penang Street Rental Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £2,232pcm |
| June 2025 | 1.4% | £2,139pcm |
| June 2024 | 3.9% | £2,110pcm |
| June 2023 | 12.8% | £2,031pcm |
| June 2022 | 20.6% | £1,799pcm |
| June 2021 | -10.5% | £1,492pcm |
| June 2020 | 0.2% | £1,668pcm |
| June 2019 | 2.8% | £1,664pcm |
| June 2018 | -1.6% | £1,619pcm |
| June 2017 | -2.6% | £1,646pcm |
| June 2016 | 1.8% | £1,689pcm |
| June 2015 | 5% | £1,659pcm |
| June 2014 | 4.7% | £1,580pcm |
| June 2013 | -3.3% | £1,510pcm |
| June 2012 | 7.1% | £1,561pcm |
| June 2011 | 9.4% | £1,457pcm |
| June 2010 | 3.4% | £1,332pcm |
| June 2009 | -12.9% | £1,289pcm |
| June 2008 | 11.7% | £1,479pcm |
| June 2007 | 0% | £1,325pcm |
Sales History
The last sale was on 6th September 2023 for £360,000 and since then the market in the area has decreased by 4.5%. The street has had a total of 5 sales since 1995.
Penang Street, London, E1 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2023£360,000 | 2 Bed Flat21, Penang Street, London, E1W 3RE21, Penang Street, London, E1W 3RE
- Sold Jun 2021£316,000 | 2 Bed Flat21, Penang Street, London, E1W 3RE21, Penang Street, London, E1W 3RE
- Sold Jun 2019£400,000 | 2 Bed Flat13, Penang Street, London, E1W 3RE13, Penang Street, London, E1W 3RE
- Sold Feb 2016£355,000 | 2 Bed Flat13, Penang Street, London, E1W 3RE13, Penang Street, London, E1W 3RE
- Sold Sep 2007£235,000 | 2 Bed Flat13, Penang Street, London, E1W 3RE13, Penang Street, London, E1W 3RE
Top 3 Most Expensive Sales
- Sold Jun 2019£400,000 | 2 Bed Flat13, Penang Street, London, E1W 3RE13, Penang Street, London, E1W 3RE
- Sold Sep 2023£360,000 | 2 Bed Flat21, Penang Street, London, E1W 3RE21, Penang Street, London, E1W 3RE
- Sold Feb 2016£355,000 | 2 Bed Flat13, Penang Street, London, E1W 3RE13, Penang Street, London, E1W 3RE
Nearby Streets
Penang Street, London, E1 is the 138th largest and the 78th most expensive street in the E1 area.
- Agatha Close, London, E115 Addresses|26 m away
- John Rennie Walk, London, E134 Addresses|49 m away
- Raine Street, London, E198 Addresses|62 m away
- Farthing Fields, London, E192 Addresses|82 m away
- Prusom Street, London, E1184 Addresses|84 m away
- Cobblestone Square, London, E1285 Addresses|94 m away
Property Types
- 7 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century flat (7)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (2)
- No EPC (4)
Schools Nearby
- St Peter's London Docks CofE Primary School100 m away
- Blue Gate Fields Junior School500 m away
- Blue Gate Fields Infants' School500 m away
- Mulberry Academy London Dock700 m away
- Bishop Challoner Catholic School800 m away
- Mulberry School for Girls900 m away
More reading links
Public Transport Nearby
The closest station to Penang Street, London, E1 - E1W 3RE is Wapping station, which is 300 metres away.
- Wapping|300 m away
- Shadwell|500 m away
