House prices in 'E1 7', Aldgate
Price per square foot data and charts revealed. Latest statistics for the housing market in 'E1 7' (Aldgate) - calculated on 04 March 2026.
Defining 'E1 7'
This analysis is limited to properties whose postcode starts with "E1 7", this is also called the postcode sector. There are no official postcode sector names so I've just labelled it E1 7, Aldgate. It is shown in red on the map below.
Want to change geography?
You can click on the map above to change to a neighbouring sector, or you can use the search form below.
Price per square foot
Knowing the average house price in E1 7 is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:
£ per sqft = price ÷ internal area
For example in January 2026, Flat 60 Arcadia Court, 45, Old Castle Street, Aldgate, E1 7NY sold for £425,000. Given the internal area of 635 square feet recorded on the EPC, the price per sqft is £425,000 ÷ 635 sqft = £669.
England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-). You can change your prefered units from square meters to square feet for all the graphs and charts on E1 7 and elsewhere. Just visit the My Account page and look for the m2 to ft2 toggle switch. Alternatively just multiply everything by 10, move a decimal place to go from sqm to sqft and you'll be close enough as 1 sqm = 10.76391 sqft.
Distribution of £ per sqft for 'E1 7' vs 'E1'
The chart above is called a histogram, it helps you see the distribution of house price per sqft in E1 7 To make this chart we put all the sales data into a series of £ per sqft 'buckets' (e.g. £613 to £650, £650 to £687, £687 to £724 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 45 sales that took place in E1 7, Aldgate in the last 24 months.
Generate a custom histogram like the one above but based on your own criteria.
You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.
The spread of prices will give you a feel of the typical range to expect in E1 7, Aldgate. Notably, only 25% of properties that sold recently were valued at more than £911 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of E1 7 homes.
Box plot of £ per sqft for E1 7
Tip: click on the chart to see the values.
The chart above is called a boxplot (or a box-and-whisker plot). Box plots, like histograms, are used to graphically represent the distribution of data, showing the central tendency, spread of the distribution. In the context of £ per square foot property price distributions, box plots represent the variation in property prices within a geographic area e.g. Aldgate. The chart above shows a boxplot for 'E1 7' as well as the 'E1' postcode district.
Property price map for Aldgate
Have a look at the interactive price map I created for myself. Use it to explore house prices in 'Aldgate' all the way down to individual property plots.
Aldgate house price forecasting
House prices in E1 7 fell -14.0% in the last year, -16.7% after inflation. Whether or not this trend will continue depends on many factors, such as wage growth, net migration, interest rates and the level of house building. No one can predict these things with certainty however we can plot the historic trends in house prices in E1 7 (Aldgate) compared with the wider postcode district of E1.
House price index for E1 7
Tip: click on the legend items to show/hide different lines
Download house price index as CSV (premium users only).
The chart above shows changes in 'E1 7' property prices over the last 20 years. The index is calculated from the average price paid per sqft for property in E1 7 and is set to 100 in 2004. I'm comparing the trends for E1 7,Aldgate with the wider postcode district of E1 What is more interesting is to look at the difference between flats and houses, even those in the same area follow a very different trend, to get a robust enough sample size to see this we need to zoom out and look at house price trends for the entire Tower Hamlets local authority.
The dashed lines show nominal house price changes, the solid lines show the same data adjusted for inflation. Economists call this the 'real' price change. You have to take inflation into account when comparing prices over time. It's calculated using the formula:
Real Rate of Return = (1 + Nominal Rate) ÷ (1 + Inflation Rate) – 1In this formula, the nominal rate is the rate of change before any adjustments, and the inflation rate is taken from the Consumer Price Index. The real rate of return is a more accurate measure of change in value, because £1 today does not have the same buying power as £1 in the past. For example, if a savings account pays an interest rate of 3% per year and the inflation rate is 5% per year, the real rate of return is -2%. This means that the investment's value is shrinking by 2% each year.
Historic returns for E1 7
| E1 7 sector | E1 district | |||
|---|---|---|---|---|
| Nominal | Real | Nominal | Real | |
| 20 yr per annum | 2.3% | -0.5% | 4.1% | 1.2% |
| 20 yr total | 56.8% | -10.0% | 122.4% | 27.6% |
| 10 yr per annum | -3.3% | -6.5% | 0.9% | -2.4% |
| 10 yr total | -28.8% | -49.0% | 9.7% | -21.4% |
| 5 yr per annum | -5.0% | -9.5% | 2.6% | -2.3% |
| 5 yr total | -22.6% | -39.3% | 13.5% | -11.0% |
| 1 yr per annum | -14.0% | -16.7% | 10.4% | 7.0% |
| 1 yr total | -14.0% | -16.7% | 10.4% | 7.0% |
This table complements the house price index chart above, presenting the data in a more detailed format. It breaks down the information into 20-year, 10-year, 5-year, and 1-year periods, further categorized by property type. For each period, we display both a per annum rate of change and a total rate of change.
The total rate of change represents the overall change over the entire period. The formula for total return is:
Total return = (Index at end of period ÷ Index at start of period) - 1
The per annum rate of change is the annualized rate of change over the period. This is equivalent to the annual bank savings rate you would need to achieve the same total return over the given period. This annualized return is also known as the Compound Annual Growth Rate (CAGR). The formula for CAGR is:
CAGR = (1 + Total return) ^ (1 ÷ Number of years) - 1
Some specific examples:
- Over the past 20 years, E1 district have seen a 1.2% annual change when adjusted for inflation. This translates to a total change of 27.6% in real terms.
- Over the past 5 years, E1 7 sector have seen a -9.5% annual change when adjusted for inflation. This translates to a total change of -39.3% in real terms.
Most recent E1 7 sales
For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.
Tip: hover over dots to see details
Street level data
| Street | Avg size | Avg £sqft | Recent sales |
|---|---|---|---|
| New Drum Street, Aldgate, E1 7A | 764 sqft | £1,007 | 13 |
| Bell Lane, Aldgate, E1 7N | 688 sqft | £702 | 9 |
| Old Castle Street, Aldgate, E1 7N | 462 sqft | £802 | 8 |
| Whitechapel High Street, Aldgate, E1 7A | 667 sqft | £890 | 7 |
| New Goulston Street, Aldgate, E1 7P | 602 sqft | £749 | 5 |
Search for your street here.
Nearby geographies
The table below shows how 'E1 7' compares to the other postcode sectors in E1.
| Sector | Lower quartile | Median | Upper quartile | Sales in last 2yr |
|---|---|---|---|---|
| EC3N 4 Fenchurch Street | £1,111 sqft | £1,132 sqft | £1,154 sqft | 2 |
| EC3N 2 Fenchurch Street | £859 sqft | £862 sqft | £957 sqft | 12 |
| EC3N 1 Aldgate | £1,358 sqft | £1,482 sqft | £1,641 sqft | 50 |
| EC3A 7 Aldgate | £1,876 sqft | £2,110 sqft | £2,191 sqft | 13 |
| EC2M 4 Liverpool Street | £925 sqft | £925 sqft | £926 sqft | 5 |
| EC2A 4 Old Street | £994 sqft | £1,006 sqft | £1,052 sqft | 22 |
| EC2A 3 Shoreditch High Street | £884 sqft | £973 sqft | £1,078 sqft | 25 |
| EC2A 2 Liverpool Street | £1,387 sqft | £1,456 sqft | £1,483 sqft | 21 |
| E1 8 Aldgate East | £676 sqft | £814 sqft | £941 sqft | 125 |
| E1 7 Aldgate | £668 sqft | £843 sqft | £911 sqft | 45 |
Raw data
Our analysis of E1 7 is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.
| Address | Paid | sqft | £/sqft |
|---|---|---|---|
| Flat 60 Arcadia Court, 45, Old Castle St, Aldgate | £425,000
Jan-2026
|
635 | 669 |
| Flat 8 Arcadia Court, 45, Old Castle St, Aldgate | £355,000
Oct-2025
|
441 | 804 |
| Flat 14 5, Strype St, Aldgate | £320,000
Sep-2025
|
495 | 646 |
About
I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.