Property profile

8 Foundry Place

Map showing 8 Foundry Place, London

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£465,000

Flats sold in Stepney Green

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold23 Nov 2001
£219,950Change since last sale: +£247,000 (+112%)
Annualised change
+3.1% per yearTower Hamlets annualised change (flats) since 2001: +3.6% per yearThis property's value grew slower than the market
Price per sq ftLocal median £671 per sq ft
£510 per sq ftEstimate vs local median: −£161 per sq ft (−24%)
Local sold pricesMedian for flats in Stepney Green
£415,000Estimate vs local median: +£52,000 (+13%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Mid-Terrace
TenureLeasehold
Construction period1996-2002
Floor area85 m² / 915 sq ft
Rooms3 habitable / 3 heated
Floor level2
EPC ratingB
EPC inspection10 Mar 2025

Sales history

DatePriceChange
23 Nov 2001£219,950-

Local market

Property prices in Stepney Green

Median price£425,000
Price per sq ft£671
Sales (last 12 months)35
Typical range (middle 50%)£384K – £529K

Based on 35 recent sales, the median property price is £425,000 (about £671 per square foot) in Stepney Green area, with individual transactions ranging from £265,000 up to £1,235,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Stepney Green over the last year.
TypeSalesMedian£/sq ft
Terraced8£840,500£644
Flats27£415,000£671

10-year price trendmedian sale price in Stepney Green

Sale price

Ten year median sale price trend for each property type in Stepney Green.
YearFlatsTerraced
2016£417,500£321,000
2017£415,000£841,000
2018£392,500£720,000
2019£377,500£740,000
2020£410,000£862,000
2021£400,000£850,000
2022£420,000£765,000
2023£390,000£787,500
2024£396,250£721,000
2025£400,000£665,000
2026£420,000£840,500
Ten year median sale price trend for each property type in Stepney Green.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Stepney Green.
YearFlatsTerraced
2016£629£445
2017£670£755
2018£636£690
2019£502£737
2020£703£835
2021£636£697
2022£753£752
2023£622£699
2024£552£712
2025£646£700
2026£671£565
Ten year median sale price per square foot trend for each property type in Stepney Green.

Price distribution by property typelast 12 months

Price distribution by property type for Stepney Green in the last year.

Recent sales

There were 43 recent sold properties in the last 18 months near E1 3BY.

Recent sold properties in the last 18 months near E1 3BY
DateAddressTypeTenurePriceMap
27 Mar 2025200 - 202, Jubilee Street, London, E1 3BPOtherFreehold£1,600,000
25 Apr 202520, Grove Dwellings, Adelina Grove, London, E1 3AEFlatsLeasehold£600,000
28 Nov 202548, O'Leary Square, London, E1 3ARFlatsLeasehold£355,000
30 Sept 2025Flat 4, 15, Redmans Road, London, E1 3AQFlatsLeasehold£265,000
04 Jul 20257, Redmans Road, London, E1 3AQFlatsLeasehold£760,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1, Foundry Place, LondonLeasehold64 m²£200,000 (2002)
2, Foundry Place, LondonLeasehold86 m²£337,000 (2013)
3, Foundry Place, LondonLeasehold82 m²£290,000 (2007)
4 Foundry Place, LondonLeasehold53 m²£330,000 (2007)
6, Foundry Place, LondonLeasehold79 m²£500,000 (2019)
7 Foundry Place, LondonLeasehold67 m²£300,000 (2007)
9, Foundry Place, LondonLeasehold67 m²£506,200 (2014)
10, Foundry Place, LondonLeasehold65 m²£485,000 (2019)
11 Foundry Place, LondonLeasehold134 m²£435,000 (2006)
13 Foundry Place, LondonFreehold106 m²£15,060 (2018)

Area insights for E1 3BY

Full area profile →

Overview

Postcode E1 3BY is located in a major urban area, within the Stepney Green ward of Tower Hamlets in the London region, and forms part of the Whitechapel area. It has very high deprivation and low crime levels, with around 51.9 crimes per 1,000 residents per year, about 60% below the London average of 130 per 1,000. The average income per household in Whitechapel is £62,838 per year. The nearest station is Stepney Green, about 0.3 miles away. There are 7 primary and 7 secondary schools in the area. There are 10 parks nearby, the closest medium park is Bethnal Green Gardens.

Crime rate
4/10
Crimes per 1k residents
52
Deprivation level
9/10
Income level
2/10
Social housing
24.3%
Connectivity
8/10
Flood Risk
No risk
Noise Level
High

Deprivation level

9/10

Whitechapel has a very high level of deprivation, ranked at position 3,844 out of 32,844 areas in the United Kingdom, placing it within the top 12% most deprived areas in England.

Crime level

4/10

Whitechapel has a low crime rate, with approximately 51.9 reported incidents per 1,000 population each year.

Social housing

24.3%

Approximately 24.3% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 37.2% of dwellings are socially rented.

Income level

2/10

The average income per household in Whitechapel is £62,838 per year.

Noise Level

High

High noise level (70.0-74.9 dB) from road, approximately 286 ft away from E1 3BY.

Flood risk

No risk

Whitechapel near E1 3BY has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

8/10

The nearest station is Stepney Green located about 0.3 miles away. There are 5 stations nearby.

Nearby public transport stations for E1 3BY
DistanceZoneNameLinesDirections
0.3 mi

2

Stepney Green

District, Hammersmith and City

Walking directions to Stepney Green
0.3 mi

2

Whitechapel

District, Elizabeth, Hammersmith and City, Overground

Walking directions to Whitechapel
0.4 mi

2

Bethnal Green Rail

Overground

Walking directions to Bethnal Green Rail

Parks

Nearby parks and green spaces for E1 3BY
DistanceNameSizeDirections
0.4 miBethnal Green GardensMediumWalking directions to Bethnal Green Gardens
0.3 miStepney Green ParkMediumWalking directions to Stepney Green Park
0.2 miStepney Green GardensMediumWalking directions to Stepney Green Gardens

Area Profile

Population
405
Population density
18,080.4 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
28.14(-9%)
Anti-social behaviour
22.51(-16%)
Drugs
5.63(-9%)
Other theft
5(-56%)
Burglary
3.13(-43%)
London average

Demographics

Ethnic groups

British
143
35.14%
Bangladeshi
139
34.15%
Other White
48
11.79%
Indian
10
2.46%
African
10
2.46%
Total population: 407

Economics

Education (age 16+)

Level 4+ (Degree)
160
45.45%
Level 3 (A level)
76
21.59%
No qualifications
60
17.05%
Level 1 (GCSEs 3-1)
26
7.39%
Level 2 (GCSEs 9-4)
22
6.25%
Total 16+ residents: 352

Housing

Housing tenure

Private landlord or letting agency
56
40%
Owns with a mortgage
29
20.71%
Social rents from council
17
12.14%
Other social rented
17
12.14%
Owns outright
15
10.71%
Total households: 140

Schools

In the E1 3BY postcode area, located within Whitechapel, there are 7 primary and 7 secondary schools in close proximity.

Nearby primary and secondary schools for E1 3BY
DistancePhaseNameTypeRating
0.1 miPrimaryStepney Park Primary SchoolCommunity school

Good

0.3 miPrimaryJohn Scurr Primary SchoolCommunity school

Good

0.3 miNot applicableLondon Islamic SchoolOther independent school

Requires improvement

Local amenities

15 nearby supermarkets & convenience stores within mi of E1 3BY

Nearby supermarkets & convenience stores for E1 3BY
DistanceNameAddressDirections
0.1 miChina Ark Supermarket84 Mile End Road, London, E1 4UNWalking directions to China Ark Supermarket
0.1 miChina Ark86 Mile End Road, London, E1 4UNWalking directions to China Ark
0.1 miAll in oneMile End Road, Tower Hamlets, E1 4UNWalking directions to All in one
0.1 miAlia Mini Market51 Mile End Road, London, E1 4TTWalking directions to Alia Mini Market
0.1 miTesco Express83-89 Mile End Road, London, E1 4UJWalking directions to Tesco Express