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The E1 postcode district covers Tower Hamlets and surrounding areas in London. With an average property price of £580,000, it represents one of the key property markets in the region.
When selling a home in Tower Hamlets, choosing the right estate agent can make a significant difference. Independent agents in London typically achieve 1.8% more of the asking price compared to national chains, and sell properties an average of 6 days faster.
Estate agent fees in E1 average 1.2% including VAT. On an average property worth £580,000, that's approximately £6,960 in fees. Independent agents often charge closer to 1.0%, potentially saving you thousands compared to a national chain.