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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Mears Close is £862,985 and the estimated rental value is £4,472 per month.
Mears Close, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
3, Mears Close has a single entry in the Land Registry from October 2007 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Mears Close is in very good condition we estimate a sale value of £906,134 and a rental value of £4,695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £802,576 and a rental value of £4,159 per month.
Over the last 12 months the sale value of 3 Mears Close has decreased by an estimated £59,281 (6.9%) and its rental value has increased by an estimated £105 per month (2.4%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 3, Mears Close sits on a plot of 68m2.
We have plot size data on 5 out of 5 other houses in the postcode and 3, Mears Close sits on the 3rd largest plot.
3, Mears Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 3, Mears Close was last sold on 26th October 2007 for £435,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 58.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Mears Close within a radius of 210 metres over the last 2 years.
The most recent example is 15, Parfett Street, London, E1 1JR, a freehold house which sold for £1,127,000 on the 2nd June 2025.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 210 metres radius of 3, Mears Close over the last 2 years.
Most recently Flat 208, Cornell Building 1, Coke Street, London, E1 1ER, a leasehold flat let by Maplewood Property in May 2025.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mears Close, London, E1 has a total of 12 addresses. According to our analysis of all the public data, 3, Mears Close is the largest and the most expensive property on the street.
When compared to the postcode district it is £351k more expensive than the average property in E1.
The closest station to 3, Mears Close is Aldgate East station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Mears Close, 86.5% of property is privately rented and 5.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Mears Close, 24.7% of residents are recorded as possessing school level qualifications and 50.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Mears Close, the average age was 29.7 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Mears Close, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Mears Close, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.