Merchant Street - E3 4LX
Key Postcode Insights
E3 4LX is a residential postcode situated on Merchant Street, London, E3 with 25 addresses.
It ranks as the 588th largest and 129th most expensive of the 1,109 postcodes in the E3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 25 properties: 24 flats and 1 other property.
- Ave. Sale Price
- £286,294
- 10 Year change
- down 7.0%
- Ave. Rental Price
- £1,924pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £367/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Postcode Insights
E3 4LX is a residential postcode situated on Merchant Street, London, E3 with 25 addresses.
It ranks as the 588th largest and 129th most expensive of the 1,109 postcodes in the E3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 25 properties: 24 flats and 1 other property.
- Ave. Sale Price
- £286,294
- 10 Year change
- down 7.0%
- Ave. Rental Price
- £1,924pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £367/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Sales Market Trends
The last sale in E3 4LX sold for £195,000 on 29th July 2011. Since then prices are up an average of 48.3%.
The current average value in the postcode is £286,294.
The E3 4LX Sales Market has decreased by 7.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.3% | £286,294 |
| July 2025 | 1% | £293,084 |
| July 2024 | 1.1% | £290,268 |
| July 2023 | -3% | £287,241 |
| July 2022 | 4% | £296,062 |
| July 2021 | -2% | £284,812 |
| July 2020 | 0.6% | £290,752 |
| July 2019 | -2.2% | £289,066 |
| July 2018 | -1.9% | £295,516 |
| July 2017 | -2.1% | £301,342 |
| July 2016 | 10.5% | £307,891 |
| July 2015 | 14.8% | £278,611 |
| July 2014 | 23.5% | £242,754 |
| July 2013 | 4.4% | £196,555 |
| July 2012 | 2.4% | £188,318 |
| July 2011 | 1.5% | £183,870 |
| July 2010 | 4.3% | £181,116 |
| July 2009 | -11.2% | £173,683 |
| July 2008 | 1.4% | £195,549 |
| July 2007 | 0% | £192,869 |
Rental Market Trends
The current average rental value in the postcode is £1,924.
The E3 4LX Rental Market has increased by 39.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4.1% | £1,924pcm |
| July 2025 | 1.8% | £1,848pcm |
| July 2024 | 3.1% | £1,816pcm |
| July 2023 | 14.7% | £1,761pcm |
| July 2022 | 18.2% | £1,535pcm |
| July 2021 | -3.3% | £1,299pcm |
| July 2020 | -1.7% | £1,343pcm |
| July 2019 | 1.6% | £1,366pcm |
| July 2018 | 0.9% | £1,344pcm |
| July 2017 | -3.5% | £1,331pcm |
| July 2016 | 2.5% | £1,380pcm |
| July 2015 | 7.2% | £1,347pcm |
| July 2014 | 5.1% | £1,257pcm |
| July 2013 | -1.5% | £1,195pcm |
| July 2012 | 6.4% | £1,213pcm |
| July 2011 | 8.9% | £1,140pcm |
| July 2010 | 5.6% | £1,047pcm |
| July 2009 | -8.5% | £992pcm |
| July 2008 | 5.7% | £1,084pcm |
| July 2007 | 0% | £1,025pcm |
Sales History
The last recorded sale was on 29th July 2011 for £195,000 and since then the market in the area has increased by 48.3%.
E3 4LX has had 3 sales since 1995, none of them in the last three years.
- Sold Jul 2011£195,000 | 3 Bed FlatFlat 9, Winchester House, Merchant Street, London, E3 4LXFlat 9, Winchester House, Merchant Street, London, E3 4LX
- Sold Apr 2008£140,000 | 3 Bed FlatFlat 17, Winchester House, Merchant Street, London, E3 4LXFlat 17, Winchester House, Merchant Street, London, E3 4LX
- Sold Oct 2006£175,000 | 3 Bed FlatFlat 17, Winchester House, Merchant Street, London, E3 4LXFlat 17, Winchester House, Merchant Street, London, E3 4LX
Nearby Postcodes
E3 4LX is the 588th largest and the 129th most expensive postcode out of the 1,109 postcodes in the E3 area.
- E3 4PZ, Merchant Street, London, E3E3 4PZ37 Addresses|30 m away
- E3 4PS, Merchant Street, London, E3E3 4PS39 Addresses|41 m away
- E3 4PQ, Merchant Street, London, E3E3 4PQ16 Addresses|43 m away
- E3 4LT, Merchant Street, London, E3E3 4LT20 Addresses|49 m away
- E3 4NG, Wellington Way, London, E3E3 4NG70 Addresses|55 m away
Property Types
- 24 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century flat (24)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (16)
- G (0)
- D (1)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Mar 2020£1,325,000 | 3 Bed Flat3, Merchant Street, London, E3 4UJ3, Merchant Street, London, E3 4UJ
- Sold Jul 2018£900,000 | 3 Bed Flat3, Merchant Street, London, E3 4UJ3, Merchant Street, London, E3 4UJ
- Sold Oct 2023£800,000 | 3 Bed Flat3, Merchant Street, London, E3 4UJ3, Merchant Street, London, E3 4UJ
Schools Nearby
- Wellington Primary School200 m away
- Malmesbury Primary School300 m away
- St Agnes RC Primary School600 m away
- Central Foundation Girls' School300 m away
- Mulberry UTC1.0 km away
- Bow School1.2 km away
More reading links
Public Transport Nearby
The closest station to E3 4LX is Bow Road station, which is 200 metres away.
- Bow Road|200 m away
- Bow Church|500 m away
- Mile End|500 m away
- Devons Road|700 m away
