Property profile

3 Michael CloseBow Common Lane

Map showing 3 Michael Close, Bow Common Lane, London

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£525,000

Terraced sold in Mile End

The box shows the middle 50% of terraced 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 2020
£520,000Change since last sale: +£5,000 (+0.9%)
Annualised change
+0.2% per yearTower Hamlets annualised change (terraced) since 2020: −0.8% per yearThis property outperformed the market
Price per sq ftLocal median £754 per sq ft
£795 per sq ftEstimate vs local median: +£42 per sq ft (+5.6%)
Local sold pricesMedian for terraced in Mile End
£795,000Estimate vs local median: −£270,000 (−34%)
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 typeHouse / End-Terrace
TenureFreehold
Construction period2007 onwards
Floor area61 m² / 660 sq ft
Rooms3 habitable / 3 heated
Floor levelNODATA!
EPC ratingC
EPC inspection29 Jun 2011

Sales history

DatePriceChange
23 Nov 2020£520,000+63%
18 Jun 2013£319,000-

Local market

Property prices in Mile End

Median price£400,000
Price per sq ft£581
Sales (last 12 months)88
Typical range (middle 50%)£348K – £491K

Based on 88 recent sales, the median property price is £400,000 (about £581 per square foot) in Mile End area, with individual transactions ranging from £92,500 up to £1,075,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Mile End over the last year.
TypeSalesMedian£/sq ft
Terraced7£795,000£754
Flats81£390,000£575

10-year price trendmedian sale price in Mile End

Sale price

Ten year median sale price trend for each property type in Mile End.
YearFlatsTerraced
2016£405,543£785,000
2017£425,000£650,000
2018£485,000£665,000
2019£415,000£717,500
2020£395,000£615,000
2021£400,000£784,000
2022£405,000£740,000
2023£400,000£841,000
2024£422,000£740,000
2025£406,500£867,500
2026£400,000£795,000
Ten year median sale price trend for each property type in Mile End.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Mile End.
YearFlatsTerraced
2016£671£555
2017£652£610
2018£674£569
2019£598£673
2020£672£637
2021£587£742
2022£629£677
2023£602£700
2024£613£724
2025£616£782
2026£563£754
Ten year median sale price per square foot trend for each property type in Mile End.

Price distribution by property typelast 12 months

Price distribution by property type for Mile End in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near E3 4GG.

Recent sold properties in the last 18 months near E3 4GG
DateAddressTypeTenurePriceMap
20 Jun 202570, Ropery Street, London, E3 4QGTerracedFreehold£1,200,000
17 Jul 20251, Maritime Street, London, E3 4QQTerracedFreehold£1,075,000
22 Aug 202527B, Ropery Street, London, E3 4QHFlatsLeasehold£500,000
24 Oct 2025Flat 6, Bolan Apartments, 159, Bow Common Lane, London, E3 4GXFlatsLeasehold£430,000
27 Mar 20254, Lockhart Street, London, E3 4BLTerracedFreehold£845,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Michael Close, LondonFreehold64 m²£325,000 (2012)
2 Michael Close, LondonFreehold58 m²£325,000 (2013)
4 Michael Close, Bow Common Lane, LondonFreehold69 m²£330,000 (2013)
5 Michael Close, LondonFreehold80 m²£540,000 (2020)
6 Michael Close, Bow Common Lane, LondonFreehold68 m²£575,000 (2019)

Area insights for E3 4GG

Full area profile →

Overview

Postcode E3 4GG is located in a major urban area, within the Mile End ward of Tower Hamlets in the London region, and forms part of the Mile End East & Burdett Estate area. It has high deprivation and very high crime levels, with around 122.7 crimes per 1,000 residents per year, in line with the London average of 130 per 1,000. The average income per household in Mile End East & Burdett Estate is £69,078 per year. The nearest station is Mile End, about 0.3 miles away. There are 13 primary and 3 secondary schools in the area. There are 10 parks nearby, the closest large park is Mile End Park.

Crime rate
9/10
Crimes per 1k residents
123
Deprivation level
7/10
Income level
4/10
Social housing
7%
Connectivity
9/10
Flood Risk
No risk
Noise Level
No noise

Deprivation level

7/10

Mile End East & Burdett Estate has a high level of deprivation, ranked at position 11,150 out of 32,844 areas in the United Kingdom, placing it within the top 34% most deprived areas in England.

Crime level

9/10

Mile End East & Burdett Estate has a very high crime rate, with approximately 122.7 reported incidents per 1,000 population each year.

Social housing

7%

Approximately 7.0% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 42.5% of dwellings are socially rented.

Income level

4/10

The average income per household in Mile End East & Burdett Estate is £69,078 per year.

Noise Level

No noise

No significant noise sources from railways or roads near E3 4GG.

Flood risk

No risk

Mile End East & Burdett Estate near E3 4GG has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

9/10

The nearest station is Mile End located about 0.3 miles away. There are 5 stations nearby.

Nearby public transport stations for E3 4GG
DistanceZoneNameLinesDirections
0.3 mi

2

Mile End

Central, Hammersmith and City

Walking directions to Mile End
0.4 mi

2

Bow Road

District, Hammersmith and City

Walking directions to Bow Road
0.5 mi

2

Devons Road

DLR

Walking directions to Devons Road

Parks

Nearby parks and green spaces for E3 4GG
DistanceNameSizeDirections
0.3 miMile End ParkLargeWalking directions to Mile End Park
0.4 miBrickfield GardensSmallWalking directions to Brickfield Gardens
0.4 miFurze GreenSmallWalking directions to Furze Green

Area Profile

Population
433
Population density
9,136.8 per km²

Crime

Crime per 1,000 population

Anti-social behaviour
38.43(+43%)
Violence and sexual offences
36.78(+18%)
Drugs
16.12(+160%)
Other theft
14.88(+30%)
Theft from the person
12.4(+32%)
London average

Demographics

Ethnic groups

British
179
41.34%
Bangladeshi
127
29.33%
Other White
56
12.93%
Chinese
10
2.31%
Irish
10
2.31%
Total population: 433

Economics

Education (age 16+)

Level 4+ (Degree)
255
68.73%
Level 3 (A level)
51
13.75%
No qualifications
37
9.97%
Level 2 (GCSEs 9-4)
19
5.12%
Apprenticeship
5
1.35%
Total 16+ residents: 371

Housing

Housing tenure

Private landlord or letting agency
45
34.88%
Owns with a mortgage
35
27.13%
Owns outright
32
24.81%
Other social rented
8
6.2%
Other forms of private rent
5
3.88%
Total households: 129

Schools

In the E3 4GG postcode area, located within Mile End East & Burdett Estate, there are 13 primary and 3 secondary schools in close proximity.

Nearby primary and secondary schools for E3 4GG
DistancePhaseNameTypeRating
0.2 miNot applicableBeatrice Tate SchoolCommunity special school

Outstanding

0.2 miPrimarySt Paul with St Luke CofE Primary SchoolVoluntary aided school

Good

0.3 miAll-throughSt Paul's Way Trust SchoolAcademy converter

Good

Local amenities

15 nearby supermarkets & convenience stores within mi of E3 4GG

Nearby supermarkets & convenience stores for E3 4GG
DistanceNameAddressDirections
0 miBow Corner Food & Wine152 Bow Common Lane, London, E3 4HHWalking directions to Bow Corner Food & Wine
0.1 miAariz Supermarket7-11 Wager Street, London, E3 4JDWalking directions to Aariz Supermarket
0.2 miMile End Food & Wine93 Burdett Road, London, E3 4JNWalking directions to Mile End Food & Wine
0.2 miSainsbury's LocalTower Hamlets, E3 4ZEWalking directions to Sainsbury's Local
0.2 miGabija61A Burdett Road, London, E3 4TNWalking directions to Gabija