Tower Hamlets · London

Where to Buy Property Investments in Tower Hamlets: Yields to 6.5%

E3 (Bow) leads Tower Hamlets' postcodes at a 6.5% yield on a £430,996 asking price, the cheapest entry into a borough where rents reach £2,830 a month.


Top gross yield
6.5%
Postcodes covered
4
Average asking price
£521k
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Tower Hamlets is a borough of east London. Average sold prices across Tower Hamlets sit at £457,504 on the HM Land Registry House Price Index, 57.8% above the England average of £289,946 yet just below the wider London figure of £552,655. That puts Tower Hamlets squarely in inner-London pricing without the prime premium of the riverside boroughs further west, and the distance between its cheapest and dearest postcodes does the talking: a £430,996 asking price in Bow's E3 against £595,874 in E1 around Whitechapel and Aldgate, the same borough behaving like two. The local population grew 22.12% between the 2011 and 2021 censuses, from 254,096 to 310,306 residents, the fastest growth of any London borough.

The unusual thing about Tower Hamlets is which way its prices have been moving. The borough hit an all-time high of £572,680 in January 2022 and has fallen back to £457,504 since, around 20.1% under that peak, with the line still pointing down over both five and ten years. Almost all of that drop is the Canary Wharf new-build flats in E14, off 24.7% over five years, while the older terraces of Bow's E3 have held their ground. For a buyer the implication is direct: with capital values in retreat rather than advance, what you earn from the rent and which postcode you pick do most of the work here, not a rising market. Top gross yields reach 6.5% in E3, against 5.2% in the dearer Bethnal Green postcode of E2.

This guide covers the London Borough of Tower Hamlets (ONS code E09000030) across postcodes E1, E2, E3, E14, and E1W. The borough runs east from the City along the north bank of the Thames, through Whitechapel, Bethnal Green and Bow to the Isle of Dogs and Canary Wharf, sharing borders with Hackney to the north and Newham to the east.

Article updated: July 2026

A busy street market in Tower Hamlets, east London
A long-running street market in Tower Hamlets

Why Invest in Tower Hamlets?

Tower Hamlets added 56,210 residents between the 2011 and 2021 censuses, a 22.12% rise from 254,096 to 310,306, more than three times the 6.3% England and Wales average and the fastest of any London borough. That surge was driven by the towers going up around Canary Wharf and the Isle of Dogs, the densest residential development in the country over the decade. The borough packs a lot into a small area running east from the City: the dense, diverse markets of Whitechapel and Bethnal Green at the western end, the older terraced streets of Bow and Mile End in the middle, and the high-rise financial district of Canary Wharf and Wapping's converted warehouses along the river. That range gives Tower Hamlets its split character, and it runs through every table in this guide.

The local employment rate of 73.6% sits just below both the London figure of 74.9% and the Great Britain figure of 75.6%, while unemployment runs at 7.0%. Those numbers reflect a population that mixes high-earning finance professionals in the Canary Wharf towers with large lower-income and social-rented communities in Bethnal Green, Poplar and Bow. For a landlord, the practical read is that tenant demand here is broad rather than uniform, spanning Canary Wharf and City commuters, students around Queen Mary University in Mile End, and benefit-supported households, with the balance shifting sharply from one postcode to the next.

Median gross weekly earnings for Tower Hamlets residents are £1,000.00, which works out at £52,000 a year. That is above the London median of £892.60 a week and well clear of the Great Britain figure of £752.40, lifted by the concentration of finance and professional jobs in the borough. Those above-average wages help explain how the market sustains rents that run from £2,307 a month in Bethnal Green up to £2,830 in E1 around Whitechapel and Aldgate. Queen Mary University of London in Mile End and the major teaching hospitals at Whitechapel add a steady student and key-worker layer to that demand.

Tower Hamlets Economic Summary

  • Population: 310,306 (2021 Census). Growth of 22.12% from 2011.
  • Median annual salary: £52,000 (local), £46,415 (London), £39,125 (Great Britain)
  • Employment rate: 73.6% (local), 74.9% (London), 75.6% (Great Britain)
  • Unemployment rate: 7.0% (local)
  • Key employment sectors: Financial and professional services, health, education, retail and hospitality, public administration

Source: ONS Census 2021, Nomis Labour Market Profile (ASHE 2025, residence-based earnings)

Regeneration and Investment in Tower Hamlets

Tower Hamlets holds two of London's largest growth programmes at once: the Isle of Dogs and South Poplar Opportunity Area planned for 29,000 homes, and the City Fringe area straddling its western edge, with major private schemes layered on top. The new supply is concentrated in E14 around Canary Wharf and along the river, which is also where the recent price correction has run deepest, so the pipeline lands in exactly the part of the borough an income investor needs to read most carefully.

  • Isle of Dogs and South Poplar Opportunity Area (Long-term, 29,000 homes): The Mayor of London has designated the Isle of Dogs and South Poplar corridor an opportunity area planned for 29,000 new homes and 110,000 new jobs by 2041, the single largest concentration of residential and commercial development in the capital. This covers E14, where the bulk of the borough's new flats are being built. The scale of new supply is one reason the E14 market has corrected hardest since 2022, and it will keep adding stock for years. Details at London City Hall.
  • Wood Wharf, Canary Wharf (Under construction, up to 3,600 homes): The Canary Wharf Group is delivering Wood Wharf, a new waterside neighbourhood next to the existing estate, with up to 3,600 new homes and around 2 million square feet of office space alongside shops, restaurants and a school. It turns Canary Wharf from a weekday financial district into a residential quarter, adding a large block of new flats directly to the E14 rental market. Updates at Canary Wharf Group.
  • London Dock, Wapping (Under construction, 2,038 homes): Berkeley Group's London Dock scheme is delivering 2,038 new homes on a former News International site in Wapping, in the E1W postcode, alongside new public squares, shops and workspace. It is the main source of new flats in the riverside Wapping market, a small, high-value pocket of the borough where converted warehouses already command the highest price per square foot. Updates at Berkeley Group.
Tower Hamlets population growth map

Tower Hamlets Property Market Analysis

Average property prices in Tower Hamlets have risen 596.2% since January 1995, from £65,716 to £457,504, but the line on that chart turned down four years ago and has yet to recover. The sections below trace the borough's path through its actual cycles, then break down current postcode-level data for sold prices, price per square foot, asking prices, growth trends, and monthly transaction volumes.

When was the last house price crash in Tower Hamlets?

HM Land Registry records Tower Hamlets sold prices at borough level under ONS code E09000030, with the House Price Index covering January 1995 to the latest April 2026 reading, 31 years of cycles. For a buyer today the telling feature is that the borough's biggest recent move is not the 2008 crash at all but the slide that began in 2022, as a decade of flat-led price gains slowly unwound.

The 1995 to 2008 climb: Tower Hamlets started at £65,716 in January 1995. The Docklands and Canary Wharf build-out carried it past £162,384 by December 2000 and £256,384 by December 2005. The pre-crash market topped out at £352,383 in April 2008, more than five times its 1995 level.

2008 to 2009, the financial crisis: Prices fell from the April 2008 peak of £352,383 to a trough of £263,928 in August 2009, a drop of 25.1% over 16 months, with the worst year-on-year reading at -20.1% in May 2009. The new-build flat market that dominates the borough took the heaviest hit, a deeper fall than the wider London and England declines of around 18%, the first sign of how exposed Tower Hamlets is to flat-led swings.

Recovery, 2009 to 2013: The climb back was steady rather than sharp. Prices worked higher through 2010 and 2011 to £314,624 by February 2011, and only cleared the April 2008 pre-crash peak in October 2013 at £356,246. Getting back to square one took five and a half years, faster than much of the regions but slower than the inner-London boroughs to the west.

2013 to 2016, the Docklands boom: This was the borough's fiercest growth phase. Prices ran hard as buyers and investors poured into the new Canary Wharf and Docklands towers, passing £501,379 by April 2016, roughly double the 2009 trough in seven years.

2016 to 2019, the flat plateau: Momentum drained away. The average drifted from £505,397 in December 2016 to £498,435 by December 2019 as stamp duty changes and Brexit cooled the investor-heavy flat market, even as new towers kept completing.

2020 to 2022, the final high: The stamp duty holiday gave prices one last push through 2021 to an all-time high of £572,680 in January 2022, the top of the borough's 31-year record and the level every figure since has been measured against.

2022 to present, the slide: From that high the market has ground lower rather than crashed. Prices eased to £526,632 by December 2022, fell to £491,127 by December 2023 as mortgage rates bit, and have kept falling to £457,504 by April 2026. Tower Hamlets now sits about 20.1% under its January 2022 peak, down 17.1% over five years and 8.8% over ten, a longer and deeper drop than almost anywhere else in inner London.

Long-term growth summary:

  • 5 years (April 2021 to April 2026): -17.1% (£552,155 to £457,504)
  • 10 years (April 2016 to April 2026): -8.8% (£501,379 to £457,504)
  • 15 years (April 2011 to April 2026): 42.3% growth (£321,563 to £457,504)
  • 20 years (April 2006 to April 2026): 78.0% growth (£257,017 to £457,504)
  • 30 years (January 1995 to April 2026): 596.2% growth (£65,716 to £457,504)

The shape of those numbers is the key to Tower Hamlets today. The 30-year and 20-year returns are strong, but the five-year and ten-year readings are both negative, which sets the borough apart from inner-London markets still grinding higher. An investor who bought at the January 2022 high is sitting about 20.1% down on the Land Registry average, while one who bought before 2014 holds a large gain. What carries an investment here is the rent and the choice of postcode, because the borough has pulled in two directions at once: Bow's E3 has held while Canary Wharf's E14 has shed a quarter of its value over five years.

Average property price by type in Tower Hamlets, 1995 to 2026
£0£275k£550k£825k£1100kAll property types 1995-01: £65,716All property types 1996-02: £78,016All property types 1997-03: £90,897All property types 1998-04: £103,731All property types 1999-05: £115,935All property types 2000-06: £160,503All property types 2001-07: £182,127All property types 2002-08: £210,008All property types 2003-09: £227,395All property types 2004-10: £247,746All property types 2005-11: £248,512All property types 2006-12: £285,825All property types 2008-01: £330,037All property types 2009-02: £284,328All property types 2010-03: £313,882All property types 2011-04: £321,563All property types 2012-05: £300,543All property types 2013-06: £334,018All property types 2014-07: £417,663All property types 2015-08: £460,865All property types 2016-09: £509,034All property types 2017-10: £514,680All property types 2018-11: £481,653All property types 2019-12: £498,435All property types 2021-01: £505,973All property types 2022-02: £555,874All property types 2023-03: £513,539All property types 2024-04: £483,323All property types 2025-05: £521,704All property types 2026-04: £457,504Detached 1995-01: £105,058Detached 1996-02: £121,447Detached 1997-03: £144,414Detached 1998-04: £166,951Detached 1999-05: £186,300Detached 2000-06: £254,208Detached 2001-07: £285,551Detached 2002-08: £315,755Detached 2003-09: £335,274Detached 2004-10: £358,046Detached 2005-11: £354,138Detached 2006-12: £407,769Detached 2008-01: £474,173Detached 2009-02: £410,967Detached 2010-03: £477,519Detached 2011-04: £496,079Detached 2012-05: £465,781Detached 2013-06: £523,680Detached 2014-07: £672,054Detached 2015-08: £748,464Detached 2016-09: £832,744Detached 2017-10: £836,745Detached 2018-11: £803,025Detached 2019-12: £832,007Detached 2021-01: £900,978Detached 2022-02: £1,064,857Detached 2023-03: £979,763Detached 2024-04: £901,383Detached 2025-05: £1,020,545Detached 2026-04: £916,395Semi-detached 1995-01: £83,083Semi-detached 1996-02: £97,662Semi-detached 1997-03: £114,302Semi-detached 1998-04: £131,541Semi-detached 1999-05: £146,332Semi-detached 2000-06: £199,601Semi-detached 2001-07: £223,335Semi-detached 2002-08: £252,000Semi-detached 2003-09: £277,271Semi-detached 2004-10: £301,914Semi-detached 2005-11: £299,413Semi-detached 2006-12: £345,866Semi-detached 2008-01: £398,154Semi-detached 2009-02: £341,736Semi-detached 2010-03: £399,512Semi-detached 2011-04: £401,408Semi-detached 2012-05: £380,090Semi-detached 2013-06: £426,966Semi-detached 2014-07: £543,007Semi-detached 2015-08: £605,473Semi-detached 2016-09: £667,734Semi-detached 2017-10: £673,777Semi-detached 2018-11: £642,763Semi-detached 2019-12: £672,388Semi-detached 2021-01: £704,659Semi-detached 2022-02: £785,238Semi-detached 2023-03: £728,830Semi-detached 2024-04: £676,774Semi-detached 2025-05: £746,258Semi-detached 2026-04: £673,681Terraced 1995-01: £79,397Terraced 1996-02: £92,412Terraced 1997-03: £108,970Terraced 1998-04: £124,943Terraced 1999-05: £139,821Terraced 2000-06: £193,061Terraced 2001-07: £214,578Terraced 2002-08: £242,108Terraced 2003-09: £264,376Terraced 2004-10: £291,029Terraced 2005-11: £293,872Terraced 2006-12: £342,116Terraced 2008-01: £395,663Terraced 2009-02: £340,884Terraced 2010-03: £402,861Terraced 2011-04: £407,697Terraced 2012-05: £386,517Terraced 2013-06: £437,380Terraced 2014-07: £551,883Terraced 2015-08: £614,320Terraced 2016-09: £670,788Terraced 2017-10: £670,777Terraced 2018-11: £639,671Terraced 2019-12: £670,609Terraced 2021-01: £715,971Terraced 2022-02: £796,783Terraced 2023-03: £738,224Terraced 2024-04: £691,326Terraced 2025-05: £766,864Terraced 2026-04: £695,165Flats 1995-01: £64,401Flats 1996-02: £76,940Flats 1997-03: £89,119Flats 1998-04: £101,530Flats 1999-05: £113,458Flats 2000-06: £157,088Flats 2001-07: £178,766Flats 2002-08: £206,864Flats 2003-09: £223,679Flats 2004-10: £243,384Flats 2005-11: £243,941Flats 2006-12: £280,147Flats 2008-01: £323,425Flats 2009-02: £278,639Flats 2010-03: £305,870Flats 2011-04: £313,746Flats 2012-05: £292,801Flats 2013-06: £324,839Flats 2014-07: £405,897Flats 2015-08: £447,528Flats 2016-09: £494,772Flats 2017-10: £500,784Flats 2018-11: £468,211Flats 2019-12: £483,932Flats 2021-01: £489,805Flats 2022-02: £537,698Flats 2023-03: £496,441Flats 2024-04: £467,544Flats 2025-05: £503,147Flats 2026-04: £440,0711995200020052010201620212026
  • All property types
  • Detached
  • Semi-detached
  • Terraced
  • Flats

Source: HM Land Registry House Price Index

YearAll property typesDetachedSemi-detachedTerracedFlats
1995-01£65,716£105,058£83,083£79,397£64,401
1995-02£68,409£109,178£86,978£83,059£66,933
1995-03£70,188£111,783£89,153£85,094£68,705
1995-04£72,706£115,271£92,267£88,093£71,188
1995-05£72,926£114,901£92,193£87,967£71,507
1995-06£72,705£114,021£91,567£87,230£71,414
1995-07£71,015£111,800£89,677£85,514£69,672
1995-08£69,676£110,778£88,347£84,290£68,254
1995-09£68,254£109,173£87,011£83,150£66,710
1995-10£68,132£108,184£86,513£82,210£66,789
1995-11£68,514£107,096£86,091£81,740£67,415
1995-12£70,239£108,716£87,680£83,115£69,295
1996-01£74,154£115,186£92,451£87,801£73,144
1996-02£78,016£121,447£97,662£92,412£76,940
1996-03£76,443£119,730£95,712£90,625£75,367
1996-04£73,249£113,584£90,862£86,410£72,364
1996-05£72,013£112,809£89,031£85,473£70,995
1996-06£74,027£115,855£91,353£87,845£72,990
1996-07£76,209£120,807£95,288£91,194£74,888
1996-08£76,688£122,217£96,198£91,954£75,297
1996-09£79,361£126,462£99,841£95,275£77,882
1996-10£80,560£128,706£101,322£96,652£79,077
1996-11£81,693£130,041£102,471£97,825£80,248
1996-12£80,930£128,812£101,424£96,982£79,480
1997-01£81,714£129,869£102,438£98,256£80,152
1997-02£88,303£139,937£110,926£105,745£86,650
1997-03£90,897£144,414£114,302£108,970£89,119
1997-04£96,328£153,693£121,673£115,432£94,441
1997-05£94,313£151,410£120,007£113,841£92,309
1997-06£96,761£156,932£124,151£117,596£94,550
1997-07£96,328£156,695£123,602£117,575£94,041
1997-08£96,487£157,407£124,008£117,970£94,160
1997-09£96,798£157,206£124,046£118,083£94,515
1997-10£96,660£157,093£124,111£117,797£94,396
1997-11£96,807£157,918£124,377£117,921£94,546
1997-12£98,298£160,014£126,375£119,409£96,056
1998-01£99,007£161,359£127,195£120,527£96,707
1998-02£99,547£159,646£126,833£120,399£97,366
1998-03£100,755£161,505£127,848£121,609£98,580
1998-04£103,731£166,951£131,541£124,943£101,530
1998-05£105,471£172,148£134,256£127,869£103,098
1998-06£106,670£174,898£135,676£129,452£104,251
1998-07£105,912£173,761£135,035£128,936£103,446
1998-08£108,212£178,673£138,206£131,848£105,671
1998-09£107,673£179,696£138,334£131,952£105,020
1998-10£109,051£179,772£139,285£132,711£106,515
1998-11£110,851£182,555£141,108£133,671£108,466
1998-12£114,364£186,664£144,459£136,625£112,113
1999-01£117,967£193,569£149,156£141,074£115,620
1999-02£115,386£188,265£146,163£138,668£112,984
1999-03£113,064£183,527£143,335£136,067£110,677
1999-04£111,240£179,727£141,026£134,420£108,819
1999-05£115,935£186,300£146,332£139,821£113,458
1999-06£119,909£192,513£151,590£145,418£117,234
1999-07£124,595£200,976£157,690£151,674£121,734
1999-08£126,760£204,790£161,025£155,489£123,680
1999-09£132,591£214,905£168,225£162,424£129,400
1999-10£134,844£217,892£170,311£163,653£131,819
1999-11£137,673£222,173£173,555£166,342£134,690
1999-12£139,028£222,374£174,304£167,120£136,151
2000-01£140,730£226,429£177,401£169,943£137,696
2000-02£141,399£227,340£178,265£170,631£138,355
2000-03£142,782£232,428£181,650£173,537£139,516
2000-04£149,384£240,393£188,148£180,963£146,049
2000-05£156,016£249,481£195,538£188,641£152,580
2000-06£160,503£254,208£199,601£193,061£157,088
2000-07£160,435£257,564£200,872£193,412£156,960
2000-08£159,928£256,052£199,351£191,536£156,605
2000-09£161,232£260,086£200,701£192,386£157,955
2000-10£161,371£257,300£200,141£191,208£158,242
2000-11£164,993£264,086£204,161£194,767£161,873
2000-12£162,384£255,799£199,401£190,223£159,489
2001-01£164,827£259,970£201,523£192,903£161,914
2001-02£163,852£258,336£200,248£191,993£160,944
2001-03£169,921£270,550£209,202£200,147£166,782
2001-04£172,506£275,451£211,459£203,036£169,344
2001-05£176,679£282,777£216,693£208,288£173,396
2001-06£179,200£282,389£218,452£210,391£175,994
2001-07£182,127£285,551£223,335£214,578£178,766
2001-08£184,081£287,347£225,320£216,620£180,721
2001-09£185,722£293,612£226,643£218,298£182,366
2001-10£186,909£295,314£227,541£218,569£183,677
2001-11£188,734£298,015£229,806£219,702£185,599
2001-12£186,102£289,406£225,492£215,273£183,201
2002-01£186,693£289,123£225,014£214,743£183,948
2002-02£189,818£292,299£227,703£218,269£187,044
2002-03£194,622£300,290£234,449£224,279£191,707
2002-04£197,317£301,186£236,431£226,496£194,488
2002-05£198,834£301,574£238,527£227,936£196,023
2002-06£204,662£306,383£244,318£234,205£201,833
2002-07£206,889£310,645£248,688£238,625£203,775
2002-08£210,008£315,755£252,000£242,108£206,864
2002-09£211,298£321,762£255,387£244,798£207,962
2002-10£219,065£333,480£264,680£252,463£215,780
2002-11£221,671£337,355£267,878£255,054£218,401
2002-12£226,238£340,701£272,459£258,911£223,093
2003-01£226,556£339,709£272,365£260,003£223,316
2003-02£228,607£340,122£274,971£261,787£225,415
2003-03£227,082£336,293£273,257£260,232£223,886
2003-04£228,574£334,519£275,468£261,044£225,475
2003-05£228,665£333,027£277,507£263,272£225,276
2003-06£229,163£335,164£277,041£263,516£225,816
2003-07£226,798£333,407£274,435£261,493£223,391
2003-08£228,371£336,301£275,509£263,030£224,981
2003-09£227,395£335,274£277,271£264,376£223,679
2003-10£227,014£334,572£276,203£263,832£223,321
2003-11£227,983£336,013£277,072£264,177£224,377
2003-12£232,440£339,280£279,887£267,662£229,001
2004-01£233,161£341,069£282,127£269,089£229,625
2004-02£235,260£342,207£285,021£272,066£231,608
2004-03£231,446£337,835£281,557£268,309£227,742
2004-04£235,260£340,140£285,454£273,710£231,401
2004-05£237,977£341,696£288,026£277,508£234,012
2004-06£244,397£348,240£295,639£285,244£240,305
2004-07£244,020£348,447£296,457£285,935£239,812
2004-08£247,161£355,337£301,128£290,411£242,808
2004-09£247,008£357,775£302,603£291,692£242,495
2004-10£247,746£358,046£301,914£291,029£243,384
2004-11£246,427£354,984£299,439£288,805£242,164
2004-12£247,980£353,851£299,030£289,184£243,855
2005-01£250,824£357,015£301,556£292,266£246,681
2005-02£248,186£352,082£298,914£289,586£244,041
2005-03£247,131£351,980£298,447£288,992£242,930
2005-04£251,950£357,797£304,941£295,056£247,618
2005-05£249,782£355,318£301,310£292,164£245,532
2005-06£249,576£353,050£300,343£292,510£245,272
2005-07£240,730£340,583£289,688£282,754£236,513
2005-08£242,912£344,683£292,199£286,027£238,580
2005-09£242,198£345,531£291,898£285,992£237,787
2005-10£243,981£348,401£293,476£288,166£239,533
2005-11£248,512£354,138£299,413£293,872£243,941
2005-12£256,384£362,428£306,625£301,813£251,833
2006-01£259,211£366,789£310,447£305,700£254,547
2006-02£255,656£360,334£305,396£301,289£251,077
2006-03£251,002£357,261£302,979£298,067£246,247
2006-04£257,017£366,712£310,210£305,215£252,146
2006-05£260,893£373,237£315,070£310,078£255,922
2006-06£264,657£376,308£318,226£314,010£259,675
2006-07£263,997£374,997£318,061£314,759£258,881
2006-08£269,271£383,152£325,483£322,904£263,870
2006-09£274,664£394,396£333,285£329,886£269,093
2006-10£277,913£398,172£336,326£332,726£272,383
2006-11£281,320£403,314£340,843£336,402£275,758
2006-12£285,825£407,769£345,866£342,116£280,147
2007-01£290,342£414,825£352,221£348,369£284,490
2007-02£291,472£414,563£352,495£348,527£285,713
2007-03£294,287£419,273£356,944£353,159£288,350
2007-04£301,023£427,853£364,813£362,456£294,845
2007-05£311,269£441,288£376,408£375,086£304,859
2007-06£317,125£448,137£382,556£381,915£310,621
2007-07£323,951£458,757£390,593£389,451£317,369
2007-08£329,771£472,400£400,070£399,071£322,815
2007-09£330,249£473,810£401,479£399,931£323,251
2007-10£332,518£477,682£403,152£401,542£325,582
2007-11£328,072£469,302£396,665£394,489£321,389
2007-12£332,792£476,534£401,178£398,898£326,134
2008-01£330,037£474,173£398,154£395,663£323,425
2008-02£339,006£489,313£409,685£406,356£332,213
2008-03£347,056£504,569£421,155£417,111£340,000
2008-04£352,383£516,090£429,319£425,082£345,076
2008-05£351,537£513,432£427,733£425,187£344,167
2008-06£337,728£489,725£409,799£408,710£330,645
2008-07£330,901£475,785£400,380£400,352£323,986
2008-08£324,404£463,992£392,893£392,935£317,592
2008-09£319,748£460,862£385,806£385,884£313,148
2008-10£317,148£454,784£380,379£380,535£310,796
2008-11£294,563£422,230£351,402£351,814£288,805
2008-12£281,013£401,258£336,895£337,201£275,388
2009-01£275,970£398,470£332,019£331,186£270,425
2009-02£284,328£410,967£341,736£340,884£278,639
2009-03£290,583£418,539£347,139£346,379£284,941
2009-04£282,032£400,594£336,031£335,909£276,582
2009-05£280,797£396,470£334,765£336,270£275,250
2009-06£279,740£396,443£335,740£338,000£274,007
2009-07£271,410£387,817£328,917£332,411£265,541
2009-08£263,928£385,056£325,212£326,899£257,958
2009-09£271,942£397,439£335,379£338,302£265,695
2009-10£289,801£426,100£358,709£361,877£283,051
2009-11£306,398£452,641£378,385£384,130£299,168
2009-12£304,924£454,688£379,552£384,577£297,568
2010-01£304,977£460,773£384,382£389,817£297,278
2010-02£306,989£467,591£391,302£394,855£299,073
2010-03£313,882£477,519£399,512£402,861£305,870
2010-04£317,206£480,042£401,455£404,141£309,317
2010-05£312,681£475,624£393,548£397,348£304,981
2010-06£311,135£476,230£393,858£398,203£303,273
2010-07£308,377£479,594£392,435£397,791£300,365
2010-08£312,037£485,031£399,262£404,178£303,810
2010-09£309,656£482,957£396,555£401,590£301,457
2010-10£311,788£481,390£398,046£401,808£303,707
2010-11£307,598£475,149£391,837£394,246£299,772
2010-12£308,267£477,011£392,556£394,016£300,496
2011-01£311,115£482,368£395,074£397,844£303,264
2011-02£314,624£486,059£396,849£400,950£306,804
2011-03£319,745£494,096£400,965£406,652£311,872
2011-04£321,563£496,079£401,408£407,697£313,746
2011-05£318,504£488,902£395,881£402,457£310,873
2011-06£309,720£473,732£385,263£391,212£302,310
2011-07£304,446£462,239£378,163£384,200£297,194
2011-08£309,614£474,283£389,691£395,495£301,862
2011-09£317,074£489,816£401,913£407,605£308,931
2011-10£318,995£498,466£408,210£411,844£310,651
2011-11£320,643£498,912£408,338£411,043£312,480
2011-12£318,010£493,344£402,574£404,987£310,120
2012-01£316,100£491,105£400,933£403,896£308,157
2012-02£309,192£483,807£394,016£399,471£301,097
2012-03£304,499£476,245£389,544£396,039£296,326
2012-04£302,374£471,571£384,528£391,992£294,357
2012-05£300,543£465,781£380,090£386,517£292,801
2012-06£309,999£479,817£391,580£399,953£301,927
2012-07£311,173£482,453£394,286£404,581£302,850
2012-08£318,743£497,234£406,662£418,176£309,945
2012-09£317,437£498,420£406,242£418,062£308,558
2012-10£322,807£507,224£412,645£423,367£313,901
2012-11£322,711£507,121£411,669£421,860£313,905
2012-12£324,637£510,662£414,208£422,329£315,918
2013-01£322,706£508,585£414,524£422,076£313,873
2013-02£323,403£510,411£416,893£424,844£314,418
2013-03£315,233£496,907£406,818£413,925£306,481
2013-04£320,374£505,544£411,654£419,123£311,588
2013-05£321,753£504,946£411,355£419,160£313,054
2013-06£334,018£523,680£426,966£437,380£324,839
2013-07£336,393£526,268£430,144£441,772£327,063
2013-08£339,601£534,467£436,059£448,367£330,017
2013-09£342,350£539,919£439,975£451,338£332,731
2013-10£356,246£564,805£457,948£468,338£346,323
2013-11£372,948£591,389£479,507£487,839£362,722
2013-12£386,044£611,118£495,543£503,767£375,542
2014-01£389,954£617,604£501,636£509,522£379,298
2014-02£396,060£629,565£511,006£518,283£385,181
2014-03£403,735£645,660£523,813£529,468£392,557
2014-04£412,951£659,991£536,766£543,221£401,437
2014-05£417,336£664,810£540,704£549,164£405,696
2014-06£419,435£670,898£543,857£552,758£407,694
2014-07£417,663£672,054£543,007£551,883£405,897
2014-08£423,896£687,646£554,404£563,251£411,795
2014-09£430,188£695,186£563,658£573,522£417,816
2014-10£441,146£711,200£577,522£585,972£428,563
2014-11£438,786£706,674£575,243£581,576£426,328
2014-12£444,045£715,514£580,918£586,271£431,549
2015-01£447,028£720,566£585,300£590,400£434,438
2015-02£449,433£719,858£584,877£592,024£436,871
2015-03£445,219£712,610£577,108£585,074£432,878
2015-04£449,002£719,499£581,503£590,880£436,505
2015-05£463,623£743,803£599,661£609,546£450,755
2015-06£471,684£761,877£616,901£625,142£458,265
2015-07£468,385£756,270£611,991£620,850£455,057
2015-08£460,865£748,464£605,473£614,320£447,528
2015-09£463,000£750,650£605,877£615,539£449,706
2015-10£468,623£763,103£615,007£623,635£455,122
2015-11£483,790£788,084£636,545£643,034£469,897
2015-12£487,530£799,446£642,219£647,632£473,544
2016-01£503,590£823,788£664,153£669,055£489,139
2016-02£505,402£834,129£667,324£672,455£490,827
2016-03£515,287£848,374£677,137£686,104£500,405
2016-04£501,379£830,571£657,387£665,505£487,021
2016-05£494,442£810,434£643,246£651,965£480,571
2016-06£482,696£792,060£628,288£633,962£469,307
2016-07£486,813£796,016£635,452£640,875£473,218
2016-08£493,197£809,740£646,674£650,251£479,354
2016-09£509,034£832,744£667,734£670,788£494,772
2016-10£510,843£832,916£666,770£668,245£496,846
2016-11£513,597£839,443£670,529£668,629£499,723
2016-12£505,397£828,277£659,679£655,316£491,906
2017-01£503,104£825,439£657,181£652,333£489,673
2017-02£516,139£840,356£671,003£666,380£502,500
2017-03£507,990£825,085£660,585£653,841£494,664
2017-04£510,664£829,990£663,575£656,051£497,325
2017-05£492,277£801,261£640,638£631,236£479,472
2017-06£496,555£806,367£645,684£637,767£483,592
2017-07£493,069£799,207£641,746£633,898£480,169
2017-08£489,222£791,384£636,605£633,742£476,201
2017-09£498,363£807,659£649,924£647,187£485,021
2017-10£514,680£836,745£673,777£670,777£500,784
2017-11£516,800£844,617£679,023£673,106£502,859
2017-12£511,132£838,464£671,194£666,067£497,326
2018-01£491,512£803,108£642,848£638,293£478,344
2018-02£487,625£791,145£631,589£630,675£474,681
2018-03£490,011£795,130£637,113£635,312£476,955
2018-04£500,468£816,202£653,029£653,244£486,963
2018-05£509,884£842,360£675,193£673,455£495,804
2018-06£498,827£821,651£659,612£659,497£485,031
2018-07£492,845£814,166£652,929£653,859£479,127
2018-08£483,913£793,636£637,170£640,683£470,503
2018-09£484,700£801,002£642,915£643,723£471,182
2018-10£478,619£788,733£633,392£632,225£465,401
2018-11£481,653£803,025£642,763£639,671£468,211
2018-12£481,651£794,991£634,901£637,243£468,317
2019-01£476,574£790,021£630,254£631,584£463,335
2019-02£469,428£770,190£615,863£617,779£456,566
2019-03£470,929£779,153£623,458£622,168£457,894
2019-04£474,919£786,292£629,682£629,654£461,646
2019-05£469,685£781,534£626,356£625,982£456,365
2019-06£470,396£782,096£627,172£628,583£456,964
2019-07£476,509£790,552£633,179£635,748£462,963
2019-08£486,386£810,113£645,766£652,599£472,355
2019-09£494,350£821,496£654,301£663,229£480,097
2019-10£495,470£821,642£658,859£666,657£481,071
2019-11£495,060£822,800£663,122£664,780£480,737
2019-12£498,435£832,007£672,388£670,609£483,932
2020-01£507,479£848,867£684,588£683,200£492,688
2020-02£520,113£893,482£707,272£706,272£504,721
2020-03£524,684£918,190£716,417£714,837£509,064
2020-04£513,497£904,139£702,295£703,352£498,050
2020-05£508,032£867,676£685,479£686,473£493,156
2020-06£492,995£833,202£666,846£670,261£478,391
2020-07£497,277£849,060£675,955£678,584£482,436
2020-08£506,248£889,352£698,292£703,232£490,610
2020-09£520,304£932,277£722,470£726,823£504,059
2020-10£523,820£946,299£734,088£739,057£507,159
2020-11£514,838£923,812£721,814£729,533£498,338
2020-12£509,975£916,166£715,570£725,475£493,518
2021-01£505,973£900,978£704,659£715,971£489,805
2021-02£528,825£936,638£730,636£741,146£512,246
2021-03£543,813£942,813£741,522£753,628£527,154
2021-04£552,155£956,560£752,341£761,999£535,394
2021-05£542,385£932,130£739,183£749,200£525,888
2021-06£545,958£941,843£747,820£763,515£528,898
2021-07£546,908£934,262£747,714£759,802£530,068
2021-08£555,759£983,814£767,319£778,768£538,315
2021-09£549,612£984,193£762,380£768,994£532,408
2021-10£547,642£1,014,931£768,448£777,321£529,948
2021-11£553,153£1,018,270£775,340£783,895£535,340
2021-12£563,994£1,064,878£794,480£803,731£545,617
2022-01£572,680£1,089,016£809,658£821,354£553,771
2022-02£555,874£1,064,857£785,238£796,783£537,698
2022-03£539,165£1,023,282£760,304£770,506£521,705
2022-04£537,410£1,014,619£755,116£769,076£519,936
2022-05£531,684£1,007,188£752,371£768,292£513,840
2022-06£535,662£1,011,961£758,250£775,679£517,564
2022-07£537,767£1,024,637£766,300£781,400£519,392
2022-08£548,821£1,049,015£782,897£800,686£529,835
2022-09£558,210£1,077,321£803,608£822,016£538,333
2022-10£556,909£1,072,300£801,468£822,436£536,912
2022-11£541,763£1,039,619£779,135£799,935£522,322
2022-12£526,632£1,006,584£753,526£774,779£507,943
2023-01£517,302£988,339£739,676£757,361£499,210
2023-02£517,844£989,672£737,637£752,694£500,088
2023-03£513,539£979,763£728,830£738,224£496,441
2023-04£512,899£978,460£724,741£733,718£496,036
2023-05£514,893£976,390£725,032£734,339£498,108
2023-06£509,545£970,505£719,553£732,730£492,578
2023-07£499,525£949,136£706,545£721,923£482,686
2023-08£494,337£945,780£703,383£721,222£477,266
2023-09£503,331£962,879£717,530£735,569£485,877
2023-10£504,381£961,472£715,255£733,202£487,127
2023-11£499,082£947,858£706,460£720,466£482,303
2023-12£491,127£932,776£694,983£706,463£474,759
2024-01£494,465£938,790£700,042£712,321£477,924
2024-02£494,312£941,291£699,866£713,090£477,722
2024-03£488,046£914,914£682,328£698,794£472,062
2024-04£483,323£901,383£676,774£691,326£467,544
2024-05£486,788£901,128£678,454£694,212£471,056
2024-06£505,927£948,179£711,212£726,550£489,188
2024-07£513,869£966,175£723,798£743,868£496,431
2024-08£525,302£990,341£740,940£766,130£507,053
2024-09£526,028£997,259£746,482£770,962£507,468
2024-10£530,162£1,009,118£753,178£775,043£511,598
2024-11£529,144£1,023,249£756,182£773,422£510,614
2024-12£520,073£1,013,527£741,745£760,112£501,868
2025-01£513,199£1,011,192£733,125£751,671£495,115
2025-02£515,023£1,006,884£734,487£755,843£496,777
2025-03£514,398£978,705£725,868£750,461£496,451
2025-04£523,346£1,014,580£744,842£766,817£504,879
2025-05£521,704£1,020,545£746,258£766,864£503,147
2025-06£527,686£1,058,514£766,410£785,339£508,347
2025-07£524,350£1,034,418£758,047£781,389£505,107
2025-08£513,228£1,014,088£747,325£770,156£494,101
2025-09£503,399£1,003,569£737,577£759,950£484,385
2025-10£492,924£988,820£728,887£748,281£474,070
2025-11£487,672£980,500£720,720£741,861£468,938
2025-12£474,155£950,305£701,098£719,676£456,025
2026-01£466,132£940,692£693,232£711,587£448,086
2026-02£459,179£922,273£681,478£698,356£441,589
2026-03£454,018£915,539£674,156£694,418£436,428
2026-04£457,504£916,395£673,681£695,165£440,071
Year-on-year price change by type in Tower Hamlets, 1995 to 2026
-25%-20%-15%-10%-5%0%+5%+10%+15%+20%+25%+30%+35%+40%All property types 1996-01: +12.8%All property types 1997-02: +13.2%All property types 1998-03: +10.8%All property types 1999-04: +7.2%All property types 2000-05: +34.6%All property types 2001-06: +11.6%All property types 2002-07: +13.6%All property types 2003-08: +8.7%All property types 2004-09: +8.6%All property types 2005-10: -1.5%All property types 2006-11: +13.2%All property types 2007-12: +16.4%All property types 2009-01: -16.4%All property types 2010-02: +8.0%All property types 2011-03: +1.9%All property types 2012-04: -6.0%All property types 2013-05: +7.1%All property types 2014-06: +25.6%All property types 2015-07: +12.1%All property types 2016-08: +7.0%All property types 2017-09: -2.1%All property types 2018-10: -7.0%All property types 2019-11: +2.8%All property types 2020-12: +2.3%All property types 2022-01: +13.2%All property types 2023-02: -6.8%All property types 2024-03: -5.0%All property types 2025-04: +8.3%All property types 2026-04: -12.6%Detached 1996-01: +9.6%Detached 1997-02: +15.2%Detached 1998-03: +11.8%Detached 1999-04: +7.7%Detached 2000-05: +33.9%Detached 2001-06: +11.1%Detached 2002-07: +8.8%Detached 2003-08: +6.5%Detached 2004-09: +6.7%Detached 2005-10: -2.7%Detached 2006-11: +13.9%Detached 2007-12: +16.9%Detached 2009-01: -16.0%Detached 2010-02: +13.8%Detached 2011-03: +3.5%Detached 2012-04: -4.9%Detached 2013-05: +8.4%Detached 2014-06: +28.1%Detached 2015-07: +12.5%Detached 2016-08: +8.2%Detached 2017-09: -3.0%Detached 2018-10: -5.7%Detached 2019-11: +2.5%Detached 2020-12: +10.1%Detached 2022-01: +20.9%Detached 2023-02: -7.1%Detached 2024-03: -6.6%Detached 2025-04: +12.6%Detached 2026-04: -9.7%Semi-detached 1996-01: +11.3%Semi-detached 1997-02: +13.6%Semi-detached 1998-03: +11.9%Semi-detached 1999-04: +7.2%Semi-detached 2000-05: +33.6%Semi-detached 2001-06: +9.4%Semi-detached 2002-07: +11.4%Semi-detached 2003-08: +9.3%Semi-detached 2004-09: +9.1%Semi-detached 2005-10: -2.8%Semi-detached 2006-11: +13.8%Semi-detached 2007-12: +16.0%Semi-detached 2009-01: -16.6%Semi-detached 2010-02: +14.5%Semi-detached 2011-03: +0.4%Semi-detached 2012-04: -4.2%Semi-detached 2013-05: +8.2%Semi-detached 2014-06: +27.4%Semi-detached 2015-07: +12.7%Semi-detached 2016-08: +6.8%Semi-detached 2017-09: -2.7%Semi-detached 2018-10: -6.0%Semi-detached 2019-11: +3.2%Semi-detached 2020-12: +6.4%Semi-detached 2022-01: +14.9%Semi-detached 2023-02: -6.1%Semi-detached 2024-03: -6.4%Semi-detached 2025-04: +10.1%Semi-detached 2026-04: -9.6%Terraced 1996-01: +10.6%Terraced 1997-02: +14.4%Terraced 1998-03: +11.6%Terraced 1999-04: +7.6%Terraced 2000-05: +34.9%Terraced 2001-06: +9.0%Terraced 2002-07: +11.2%Terraced 2003-08: +8.6%Terraced 2004-09: +10.3%Terraced 2005-10: -1.0%Terraced 2006-11: +14.5%Terraced 2007-12: +16.6%Terraced 2009-01: -16.3%Terraced 2010-02: +15.8%Terraced 2011-03: +0.9%Terraced 2012-04: -3.9%Terraced 2013-05: +8.4%Terraced 2014-06: +26.4%Terraced 2015-07: +12.5%Terraced 2016-08: +5.8%Terraced 2017-09: -3.5%Terraced 2018-10: -5.7%Terraced 2019-11: +3.9%Terraced 2020-12: +8.2%Terraced 2022-01: +14.7%Terraced 2023-02: -5.5%Terraced 2024-03: -5.3%Terraced 2025-04: +10.9%Terraced 2026-04: -9.3%Flats 1996-01: +13.6%Flats 1997-02: +12.6%Flats 1998-03: +10.6%Flats 1999-04: +7.2%Flats 2000-05: +34.5%Flats 2001-06: +12.0%Flats 2002-07: +14.0%Flats 2003-08: +8.8%Flats 2004-09: +8.4%Flats 2005-10: -1.6%Flats 2006-11: +13.0%Flats 2007-12: +16.4%Flats 2009-01: -16.4%Flats 2010-02: +7.3%Flats 2011-03: +2.0%Flats 2012-04: -6.2%Flats 2013-05: +6.9%Flats 2014-06: +25.5%Flats 2015-07: +12.1%Flats 2016-08: +7.1%Flats 2017-09: -2.0%Flats 2018-10: -7.1%Flats 2019-11: +2.7%Flats 2020-12: +2.0%Flats 2022-01: +13.1%Flats 2023-02: -7.0%Flats 2024-03: -4.9%Flats 2025-04: +8.0%Flats 2026-04: -12.8%1996200120062011201620212026
  • All property types
  • Detached
  • Semi-detached
  • Terraced
  • Flats

Source: HM Land Registry House Price Index

YearAll property typesDetachedSemi-detachedTerracedFlats
1996-01+12.8%+9.6%+11.3%+10.6%+13.6%
1996-02+14.0%+11.2%+12.3%+11.3%+15.0%
1996-03+8.9%+7.1%+7.4%+6.5%+9.7%
1996-04+0.7%-1.5%-1.5%-1.9%+1.7%
1996-05-1.3%-1.8%-3.4%-2.8%-0.7%
1996-06+1.8%+1.6%-0.2%+0.7%+2.2%
1996-07+7.3%+8.1%+6.3%+6.6%+7.5%
1996-08+10.1%+10.3%+8.9%+9.1%+10.3%
1996-09+16.3%+15.8%+14.7%+14.6%+16.7%
1996-10+18.2%+19.0%+17.1%+17.6%+18.4%
1996-11+19.2%+21.4%+19.0%+19.7%+19.0%
1996-12+15.2%+18.5%+15.7%+16.7%+14.7%
1997-01+10.2%+12.7%+10.8%+11.9%+9.6%
1997-02+13.2%+15.2%+13.6%+14.4%+12.6%
1997-03+18.9%+20.6%+19.4%+20.2%+18.2%
1997-04+31.5%+35.3%+33.9%+33.6%+30.5%
1997-05+31.0%+34.2%+34.8%+33.2%+30.0%
1997-06+30.7%+35.5%+35.9%+33.9%+29.5%
1997-07+26.4%+29.7%+29.7%+28.9%+25.6%
1997-08+25.8%+28.8%+28.9%+28.3%+25.1%
1997-09+22.0%+24.3%+24.2%+23.9%+21.4%
1997-10+20.0%+22.1%+22.5%+21.9%+19.4%
1997-11+18.5%+21.4%+21.4%+20.5%+17.8%
1997-12+21.5%+24.2%+24.6%+23.1%+20.9%
1998-01+21.2%+24.2%+24.2%+22.7%+20.7%
1998-02+12.7%+14.1%+14.3%+13.9%+12.4%
1998-03+10.8%+11.8%+11.9%+11.6%+10.6%
1998-04+7.7%+8.6%+8.1%+8.2%+7.5%
1998-05+11.8%+13.7%+11.9%+12.3%+11.7%
1998-06+10.2%+11.4%+9.3%+10.1%+10.3%
1998-07+9.9%+10.9%+9.3%+9.7%+10.0%
1998-08+12.2%+13.5%+11.4%+11.8%+12.2%
1998-09+11.2%+14.3%+11.5%+11.7%+11.1%
1998-10+12.8%+14.4%+12.2%+12.7%+12.8%
1998-11+14.5%+15.6%+13.5%+13.4%+14.7%
1998-12+16.3%+16.7%+14.3%+14.4%+16.7%
1999-01+19.1%+20.0%+17.3%+17.0%+19.6%
1999-02+15.9%+17.9%+15.2%+15.2%+16.0%
1999-03+12.2%+13.6%+12.1%+11.9%+12.3%
1999-04+7.2%+7.7%+7.2%+7.6%+7.2%
1999-05+9.9%+8.2%+9.0%+9.3%+10.0%
1999-06+12.4%+10.1%+11.7%+12.3%+12.5%
1999-07+17.6%+15.7%+16.8%+17.6%+17.7%
1999-08+17.1%+14.6%+16.5%+17.9%+17.0%
1999-09+23.1%+19.6%+21.6%+23.1%+23.2%
1999-10+23.7%+21.2%+22.3%+23.3%+23.8%
1999-11+24.2%+21.7%+23.0%+24.4%+24.2%
1999-12+21.6%+19.1%+20.7%+22.3%+21.4%
2000-01+19.3%+17.0%+18.9%+20.5%+19.1%
2000-02+22.5%+20.8%+22.0%+23.0%+22.5%
2000-03+26.3%+26.6%+26.7%+27.5%+26.1%
2000-04+34.3%+33.8%+33.4%+34.6%+34.2%
2000-05+34.6%+33.9%+33.6%+34.9%+34.5%
2000-06+33.9%+32.0%+31.7%+32.8%+34.0%
2000-07+28.8%+28.2%+27.4%+27.5%+28.9%
2000-08+26.2%+25.0%+23.8%+23.2%+26.6%
2000-09+21.6%+21.0%+19.3%+18.4%+22.1%
2000-10+19.7%+18.1%+17.5%+16.8%+20.0%
2000-11+19.8%+18.9%+17.6%+17.1%+20.2%
2000-12+16.8%+15.0%+14.4%+13.8%+17.1%
2001-01+17.1%+14.8%+13.6%+13.5%+17.6%
2001-02+15.9%+13.6%+12.3%+12.5%+16.3%
2001-03+19.0%+16.4%+15.2%+15.3%+19.5%
2001-04+15.5%+14.6%+12.4%+12.2%+16.0%
2001-05+13.2%+13.3%+10.8%+10.4%+13.6%
2001-06+11.6%+11.1%+9.4%+9.0%+12.0%
2001-07+13.5%+10.9%+11.2%+10.9%+13.9%
2001-08+15.1%+12.2%+13.0%+13.1%+15.4%
2001-09+15.2%+12.9%+12.9%+13.5%+15.5%
2001-10+15.8%+14.8%+13.7%+14.3%+16.1%
2001-11+14.4%+12.8%+12.6%+12.8%+14.7%
2001-12+14.6%+13.1%+13.1%+13.2%+14.9%
2002-01+13.3%+11.2%+11.7%+11.3%+13.6%
2002-02+15.8%+13.1%+13.7%+13.7%+16.2%
2002-03+14.5%+11.0%+12.1%+12.1%+14.9%
2002-04+14.4%+9.3%+11.8%+11.6%+14.8%
2002-05+12.5%+6.6%+10.1%+9.4%+13.0%
2002-06+14.2%+8.5%+11.8%+11.3%+14.7%
2002-07+13.6%+8.8%+11.4%+11.2%+14.0%
2002-08+14.1%+9.9%+11.8%+11.8%+14.5%
2002-09+13.8%+9.6%+12.7%+12.1%+14.0%
2002-10+17.2%+12.9%+16.3%+15.5%+17.5%
2002-11+17.5%+13.2%+16.6%+16.1%+17.7%
2002-12+21.6%+17.7%+20.8%+20.3%+21.8%
2003-01+21.4%+17.5%+21.0%+21.1%+21.4%
2003-02+20.4%+16.4%+20.8%+19.9%+20.5%
2003-03+16.7%+12.0%+16.6%+16.0%+16.8%
2003-04+15.8%+11.1%+16.5%+15.3%+15.9%
2003-05+15.0%+10.4%+16.3%+15.5%+14.9%
2003-06+12.0%+9.4%+13.4%+12.5%+11.9%
2003-07+9.6%+7.3%+10.4%+9.6%+9.6%
2003-08+8.7%+6.5%+9.3%+8.6%+8.8%
2003-09+7.6%+4.2%+8.6%+8.0%+7.6%
2003-10+3.6%+0.3%+4.4%+4.5%+3.5%
2003-11+2.8%-0.4%+3.4%+3.6%+2.7%
2003-12+2.7%-0.4%+2.7%+3.4%+2.6%
2004-01+2.9%+0.4%+3.6%+3.5%+2.8%
2004-02+2.9%+0.6%+3.7%+3.9%+2.7%
2004-03+1.9%+0.5%+3.0%+3.1%+1.7%
2004-04+2.9%+1.7%+3.6%+4.9%+2.6%
2004-05+4.1%+2.6%+3.8%+5.4%+3.9%
2004-06+6.6%+3.9%+6.7%+8.2%+6.4%
2004-07+7.6%+4.5%+8.0%+9.3%+7.4%
2004-08+8.2%+5.7%+9.3%+10.4%+7.9%
2004-09+8.6%+6.7%+9.1%+10.3%+8.4%
2004-10+9.1%+7.0%+9.3%+10.3%+9.0%
2004-11+8.1%+5.6%+8.1%+9.3%+7.9%
2004-12+6.7%+4.3%+6.8%+8.0%+6.5%
2005-01+7.6%+4.7%+6.9%+8.6%+7.4%
2005-02+5.5%+2.9%+4.9%+6.4%+5.4%
2005-03+6.8%+4.2%+6.0%+7.7%+6.7%
2005-04+7.1%+5.2%+6.8%+7.8%+7.0%
2005-05+5.0%+4.0%+4.6%+5.3%+4.9%
2005-06+2.1%+1.4%+1.6%+2.5%+2.1%
2005-07-1.3%-2.3%-2.3%-1.1%-1.4%
2005-08-1.7%-3.0%-3.0%-1.5%-1.7%
2005-09-1.9%-3.4%-3.5%-2.0%-1.9%
2005-10-1.5%-2.7%-2.8%-1.0%-1.6%
2005-11+0.8%-0.2%0.0%+1.8%+0.7%
2005-12+3.4%+2.4%+2.5%+4.4%+3.3%
2006-01+3.3%+2.7%+2.9%+4.6%+3.2%
2006-02+3.0%+2.3%+2.2%+4.0%+2.9%
2006-03+1.6%+1.5%+1.5%+3.1%+1.4%
2006-04+2.0%+2.5%+1.7%+3.4%+1.8%
2006-05+4.4%+5.0%+4.6%+6.1%+4.2%
2006-06+6.0%+6.6%+6.0%+7.4%+5.9%
2006-07+9.7%+10.1%+9.8%+11.3%+9.5%
2006-08+10.9%+11.2%+11.4%+12.9%+10.6%
2006-09+13.4%+14.1%+14.2%+15.3%+13.2%
2006-10+13.9%+14.3%+14.6%+15.5%+13.7%
2006-11+13.2%+13.9%+13.8%+14.5%+13.0%
2006-12+11.5%+12.5%+12.8%+13.4%+11.2%
2007-01+12.0%+13.1%+13.5%+14.0%+11.8%
2007-02+14.0%+15.0%+15.4%+15.7%+13.8%
2007-03+17.2%+17.4%+17.8%+18.5%+17.1%
2007-04+17.1%+16.7%+17.6%+18.8%+16.9%
2007-05+19.3%+18.2%+19.5%+21.0%+19.1%
2007-06+19.8%+19.1%+20.2%+21.6%+19.6%
2007-07+22.7%+22.3%+22.8%+23.7%+22.6%
2007-08+22.5%+23.3%+22.9%+23.6%+22.3%
2007-09+20.2%+20.1%+20.5%+21.2%+20.1%
2007-10+19.6%+20.0%+19.9%+20.7%+19.5%
2007-11+16.6%+16.4%+16.4%+17.3%+16.5%
2007-12+16.4%+16.9%+16.0%+16.6%+16.4%
2008-01+13.7%+14.3%+13.0%+13.6%+13.7%
2008-02+16.3%+18.0%+16.2%+16.6%+16.3%
2008-03+17.9%+20.3%+18.0%+18.1%+17.9%
2008-04+17.1%+20.6%+17.7%+17.3%+17.0%
2008-05+12.9%+16.3%+13.6%+13.4%+12.9%
2008-06+6.5%+9.3%+7.1%+7.0%+6.4%
2008-07+2.1%+3.7%+2.5%+2.8%+2.1%
2008-08-1.6%-1.8%-1.8%-1.5%-1.6%
2008-09-3.2%-2.7%-3.9%-3.5%-3.1%
2008-10-4.6%-4.8%-5.6%-5.2%-4.5%
2008-11-10.2%-10.0%-11.4%-10.8%-10.1%
2008-12-15.6%-15.8%-16.0%-15.5%-15.6%
2009-01-16.4%-16.0%-16.6%-16.3%-16.4%
2009-02-16.1%-16.0%-16.6%-16.1%-16.1%
2009-03-16.3%-17.1%-17.6%-17.0%-16.2%
2009-04-20.0%-22.4%-21.7%-21.0%-19.8%
2009-05-20.1%-22.8%-21.7%-20.9%-20.0%
2009-06-17.2%-19.0%-18.1%-17.3%-17.1%
2009-07-18.0%-18.5%-17.8%-17.0%-18.0%
2009-08-18.6%-17.0%-17.2%-16.8%-18.8%
2009-09-15.0%-13.8%-13.1%-12.3%-15.2%
2009-10-8.6%-6.3%-5.7%-4.9%-8.9%
2009-11+4.0%+7.2%+7.7%+9.2%+3.6%
2009-12+8.5%+13.3%+12.7%+14.0%+8.1%
2010-01+10.5%+15.6%+15.8%+17.7%+9.9%
2010-02+8.0%+13.8%+14.5%+15.8%+7.3%
2010-03+8.0%+14.1%+15.1%+16.3%+7.3%
2010-04+12.5%+19.8%+19.5%+20.3%+11.8%
2010-05+11.4%+20.0%+17.6%+18.2%+10.8%
2010-06+11.2%+20.1%+17.3%+17.8%+10.7%
2010-07+13.6%+23.7%+19.3%+19.7%+13.1%
2010-08+18.2%+26.0%+22.8%+23.6%+17.8%
2010-09+13.9%+21.5%+18.2%+18.7%+13.5%
2010-10+7.6%+13.0%+11.0%+11.0%+7.3%
2010-11+0.4%+5.0%+3.6%+2.6%+0.2%
2010-12+1.1%+4.9%+3.4%+2.5%+1.0%
2011-01+2.0%+4.7%+2.8%+2.1%+2.0%
2011-02+2.5%+3.9%+1.4%+1.5%+2.6%
2011-03+1.9%+3.5%+0.4%+0.9%+2.0%
2011-04+1.4%+3.3%0.0%+0.9%+1.4%
2011-05+1.9%+2.8%+0.6%+1.3%+1.9%
2011-06-0.5%-0.5%-2.2%-1.8%-0.3%
2011-07-1.3%-3.6%-3.6%-3.4%-1.1%
2011-08-0.8%-2.2%-2.4%-2.1%-0.6%
2011-09+2.4%+1.4%+1.4%+1.5%+2.5%
2011-10+2.3%+3.5%+2.6%+2.5%+2.3%
2011-11+4.2%+5.0%+4.2%+4.3%+4.2%
2011-12+3.2%+3.4%+2.6%+2.8%+3.2%
2012-01+1.6%+1.8%+1.5%+1.5%+1.6%
2012-02-1.7%-0.5%-0.7%-0.4%-1.9%
2012-03-4.8%-3.6%-2.8%-2.6%-5.0%
2012-04-6.0%-4.9%-4.2%-3.9%-6.2%
2012-05-5.6%-4.7%-4.0%-4.0%-5.8%
2012-06+0.1%+1.3%+1.6%+2.2%-0.1%
2012-07+2.2%+4.4%+4.3%+5.3%+1.9%
2012-08+2.9%+4.8%+4.4%+5.7%+2.7%
2012-09+0.1%+1.8%+1.1%+2.6%-0.1%
2012-10+1.2%+1.8%+1.1%+2.8%+1.0%
2012-11+0.6%+1.6%+0.8%+2.6%+0.5%
2012-12+2.1%+3.5%+2.9%+4.3%+1.9%
2013-01+2.1%+3.6%+3.4%+4.5%+1.9%
2013-02+4.6%+5.5%+5.8%+6.4%+4.4%
2013-03+3.5%+4.3%+4.4%+4.5%+3.4%
2013-04+6.0%+7.2%+7.1%+6.9%+5.9%
2013-05+7.1%+8.4%+8.2%+8.4%+6.9%
2013-06+7.7%+9.1%+9.0%+9.4%+7.6%
2013-07+8.1%+9.1%+9.1%+9.2%+8.0%
2013-08+6.5%+7.5%+7.2%+7.2%+6.5%
2013-09+7.8%+8.3%+8.3%+8.0%+7.8%
2013-10+10.4%+11.4%+11.0%+10.6%+10.3%
2013-11+15.6%+16.6%+16.5%+15.6%+15.6%
2013-12+18.9%+19.7%+19.6%+19.3%+18.9%
2014-01+20.8%+21.4%+21.0%+20.7%+20.8%
2014-02+22.5%+23.3%+22.6%+22.0%+22.5%
2014-03+28.1%+29.9%+28.8%+27.9%+28.1%
2014-04+28.9%+30.6%+30.4%+29.6%+28.8%
2014-05+29.7%+31.7%+31.4%+31.0%+29.6%
2014-06+25.6%+28.1%+27.4%+26.4%+25.5%
2014-07+24.2%+27.7%+26.2%+24.9%+24.1%
2014-08+24.8%+28.7%+27.1%+25.6%+24.8%
2014-09+25.7%+28.8%+28.1%+27.1%+25.6%
2014-10+23.8%+25.9%+26.1%+25.1%+23.7%
2014-11+17.7%+19.5%+20.0%+19.2%+17.5%
2014-12+15.0%+17.1%+17.2%+16.4%+14.9%
2015-01+14.6%+16.7%+16.7%+15.9%+14.5%
2015-02+13.5%+14.3%+14.5%+14.2%+13.4%
2015-03+10.3%+10.4%+10.2%+10.5%+10.3%
2015-04+8.7%+9.0%+8.3%+8.8%+8.7%
2015-05+11.1%+11.9%+10.9%+11.0%+11.1%
2015-06+12.5%+13.6%+13.4%+13.1%+12.4%
2015-07+12.1%+12.5%+12.7%+12.5%+12.1%
2015-08+8.7%+8.8%+9.2%+9.1%+8.7%
2015-09+7.6%+8.0%+7.5%+7.3%+7.6%
2015-10+6.2%+7.3%+6.5%+6.4%+6.2%
2015-11+10.3%+11.5%+10.7%+10.6%+10.2%
2015-12+9.8%+11.7%+10.6%+10.5%+9.7%
2016-01+12.7%+14.3%+13.5%+13.3%+12.6%
2016-02+12.5%+15.9%+14.1%+13.6%+12.4%
2016-03+15.7%+19.1%+17.3%+17.3%+15.6%
2016-04+11.7%+15.4%+13.0%+12.6%+11.6%
2016-05+6.6%+9.0%+7.3%+7.0%+6.6%
2016-06+2.3%+4.0%+1.8%+1.4%+2.4%
2016-07+3.9%+5.3%+3.8%+3.2%+4.0%
2016-08+7.0%+8.2%+6.8%+5.8%+7.1%
2016-09+9.9%+10.9%+10.2%+9.0%+10.0%
2016-10+9.0%+9.1%+8.4%+7.2%+9.2%
2016-11+6.2%+6.5%+5.3%+4.0%+6.3%
2016-12+3.7%+3.6%+2.7%+1.2%+3.9%
2017-01-0.1%+0.2%-1.0%-2.5%+0.1%
2017-02+2.1%+0.7%+0.6%-0.9%+2.4%
2017-03-1.4%-2.7%-2.4%-4.7%-1.1%
2017-04+1.9%-0.1%+0.9%-1.4%+2.1%
2017-05-0.4%-1.1%-0.4%-3.2%-0.2%
2017-06+2.9%+1.8%+2.8%+0.6%+3.0%
2017-07+1.3%+0.4%+1.0%-1.1%+1.5%
2017-08-0.8%-2.3%-1.6%-2.5%-0.7%
2017-09-2.1%-3.0%-2.7%-3.5%-2.0%
2017-10+0.8%+0.5%+1.1%+0.4%+0.8%
2017-11+0.6%+0.6%+1.3%+0.7%+0.6%
2017-12+1.1%+1.2%+1.7%+1.6%+1.1%
2018-01-2.3%-2.7%-2.2%-2.2%-2.3%
2018-02-5.5%-5.9%-5.9%-5.4%-5.5%
2018-03-3.5%-3.6%-3.6%-2.8%-3.6%
2018-04-2.0%-1.7%-1.6%-0.4%-2.1%
2018-05+3.6%+5.1%+5.4%+6.7%+3.4%
2018-06+0.5%+1.9%+2.2%+3.4%+0.3%
2018-070.0%+1.9%+1.7%+3.1%-0.2%
2018-08-1.1%+0.3%+0.1%+1.1%-1.2%
2018-09-2.7%-0.8%-1.1%-0.5%-2.9%
2018-10-7.0%-5.7%-6.0%-5.7%-7.1%
2018-11-6.8%-4.9%-5.3%-5.0%-6.9%
2018-12-5.8%-5.2%-5.4%-4.3%-5.8%
2019-01-3.0%-1.6%-2.0%-1.1%-3.1%
2019-02-3.7%-2.6%-2.5%-2.0%-3.8%
2019-03-3.9%-2.0%-2.1%-2.1%-4.0%
2019-04-5.1%-3.7%-3.6%-3.6%-5.2%
2019-05-7.9%-7.2%-7.2%-7.0%-8.0%
2019-06-5.7%-4.8%-4.9%-4.7%-5.8%
2019-07-3.3%-2.9%-3.0%-2.8%-3.4%
2019-08+0.5%+2.1%+1.3%+1.9%+0.4%
2019-09+2.0%+2.6%+1.8%+3.0%+1.9%
2019-10+3.5%+4.2%+4.0%+5.4%+3.4%
2019-11+2.8%+2.5%+3.2%+3.9%+2.7%
2019-12+3.5%+4.7%+5.9%+5.2%+3.3%
2020-01+6.5%+7.4%+8.6%+8.2%+6.3%
2020-02+10.8%+16.0%+14.8%+14.3%+10.5%
2020-03+11.4%+17.8%+14.9%+14.9%+11.2%
2020-04+8.1%+15.0%+11.5%+11.7%+7.9%
2020-05+8.2%+11.0%+9.4%+9.7%+8.1%
2020-06+4.8%+6.5%+6.3%+6.6%+4.7%
2020-07+4.4%+7.4%+6.8%+6.7%+4.2%
2020-08+4.1%+9.8%+8.1%+7.8%+3.9%
2020-09+5.3%+13.5%+10.4%+9.6%+5.0%
2020-10+5.7%+15.2%+11.4%+10.9%+5.4%
2020-11+4.0%+12.3%+8.9%+9.7%+3.7%
2020-12+2.3%+10.1%+6.4%+8.2%+2.0%
2021-01-0.3%+6.1%+2.9%+4.8%-0.6%
2021-02+1.7%+4.8%+3.3%+4.9%+1.5%
2021-03+3.6%+2.7%+3.5%+5.4%+3.6%
2021-04+7.5%+5.8%+7.1%+8.3%+7.5%
2021-05+6.8%+7.4%+7.8%+9.1%+6.6%
2021-06+10.7%+13.0%+12.1%+13.9%+10.6%
2021-07+10.0%+10.0%+10.6%+12.0%+9.9%
2021-08+9.8%+10.6%+9.9%+10.7%+9.7%
2021-09+5.6%+5.6%+5.5%+5.8%+5.6%
2021-10+4.5%+7.3%+4.7%+5.2%+4.5%
2021-11+7.4%+10.2%+7.4%+7.5%+7.4%
2021-12+10.6%+16.2%+11.0%+10.8%+10.6%
2022-01+13.2%+20.9%+14.9%+14.7%+13.1%
2022-02+5.1%+13.7%+7.5%+7.5%+5.0%
2022-03-0.9%+8.5%+2.5%+2.2%-1.0%
2022-04-2.7%+6.1%+0.4%+0.9%-2.9%
2022-05-2.0%+8.1%+1.8%+2.5%-2.3%
2022-06-1.9%+7.4%+1.4%+1.6%-2.1%
2022-07-1.7%+9.7%+2.5%+2.8%-2.0%
2022-08-1.2%+6.6%+2.0%+2.8%-1.6%
2022-09+1.6%+9.5%+5.4%+6.9%+1.1%
2022-10+1.7%+5.7%+4.3%+5.8%+1.3%
2022-11-2.1%+2.1%+0.5%+2.0%-2.4%
2022-12-6.6%-5.5%-5.2%-3.6%-6.9%
2023-01-9.7%-9.2%-8.6%-7.8%-9.9%
2023-02-6.8%-7.1%-6.1%-5.5%-7.0%
2023-03-4.8%-4.3%-4.1%-4.2%-4.8%
2023-04-4.6%-3.6%-4.0%-4.6%-4.6%
2023-05-3.2%-3.1%-3.6%-4.4%-3.1%
2023-06-4.9%-4.1%-5.1%-5.5%-4.8%
2023-07-7.1%-7.4%-7.8%-7.6%-7.1%
2023-08-9.9%-9.8%-10.2%-9.9%-9.9%
2023-09-9.8%-10.6%-10.7%-10.5%-9.7%
2023-10-9.4%-10.3%-10.8%-10.8%-9.3%
2023-11-7.9%-8.8%-9.3%-9.9%-7.7%
2023-12-6.7%-7.3%-7.8%-8.8%-6.5%
2024-01-4.4%-5.0%-5.4%-5.9%-4.3%
2024-02-4.5%-4.9%-5.1%-5.3%-4.5%
2024-03-5.0%-6.6%-6.4%-5.3%-4.9%
2024-04-5.8%-7.9%-6.6%-5.8%-5.7%
2024-05-5.5%-7.7%-6.4%-5.5%-5.4%
2024-06-0.7%-2.3%-1.2%-0.8%-0.7%
2024-07+2.9%+1.8%+2.4%+3.0%+2.8%
2024-08+6.3%+4.7%+5.3%+6.2%+6.2%
2024-09+4.5%+3.6%+4.0%+4.8%+4.4%
2024-10+5.1%+5.0%+5.3%+5.7%+5.0%
2024-11+6.0%+8.0%+7.0%+7.4%+5.9%
2024-12+5.9%+8.7%+6.7%+7.6%+5.7%
2025-01+3.8%+7.7%+4.7%+5.5%+3.6%
2025-02+4.2%+7.0%+4.9%+6.0%+4.0%
2025-03+5.4%+7.0%+6.4%+7.4%+5.2%
2025-04+8.3%+12.6%+10.1%+10.9%+8.0%
2025-05+7.2%+13.2%+10.0%+10.5%+6.8%
2025-06+4.3%+11.6%+7.8%+8.1%+3.9%
2025-07+2.0%+7.0%+4.7%+5.0%+1.7%
2025-08-2.3%+2.4%+0.9%+0.5%-2.6%
2025-09-4.3%+0.6%-1.2%-1.4%-4.5%
2025-10-7.0%-2.0%-3.2%-3.5%-7.3%
2025-11-7.8%-4.2%-4.7%-4.1%-8.2%
2025-12-8.8%-6.2%-5.5%-5.3%-9.1%
2026-01-9.2%-7.0%-5.4%-5.3%-9.5%
2026-02-10.8%-8.4%-7.2%-7.6%-11.1%
2026-03-11.7%-6.5%-7.1%-7.5%-12.1%
2026-04-12.6%-9.7%-9.6%-9.3%-12.8%

Sold House Prices in Tower Hamlets

Flats set the tone for the whole borough, with an average sold price of £440,071, while houses of every type carry a heavy premium over the England figure but make up a small share of the stock. The table below compares each property type's average sold price in Tower Hamlets against the England average from the same Land Registry index. Every type is down on the year, the clearest sign that the correction is broad rather than confined to one corner of the market.

Property Type Tower Hamlets Average England Average Difference
Detached £916,395 £470,492 +94.8%
Semi-detached £673,681 £288,185 +133.8%
Terraced £695,165 £243,788 +185.2%
Flats £440,071 £214,563 +105.1%

Flats average £440,071, just over double the England flat figure of £214,563, and they are the property type that defines Tower Hamlets. The borough is overwhelmingly a flat market, from converted warehouses in Wapping to the glass towers of Canary Wharf, and the all-property average of £457,504 sits close to the flat figure rather than to the far higher house prices. Flats are also the type that has fallen hardest, down 12.8% on the year, the engine of the borough-wide correction.

Terraced houses average £695,165, a 185.2% premium over the England terraced figure of £243,788, the largest gap of any type. These are the older period streets of Bow, Mile End and Bethnal Green, the part of the borough that predates the towers, and they remain in tight supply against strong owner-occupier and family demand. Their annual change of -9.3% is the shallowest of the four types, which fits the relative steadiness of the E3 market.

Semi-detached houses average £673,681, a 133.8% premium over the England figure, and are rare across the borough, concentrated in the handful of lower-density pockets away from the river. The 9.6% annual fall tracks the wider market down.

Detached houses average £916,395, almost double the England detached price, but they are the scarcest type of all in a borough built around flats and terraces. A detached house here is an exception rather than a market, and the -9.7% annual reading reflects the same broad pull-back as every other type.

Current Asking Prices in Tower Hamlets

Asking prices across Tower Hamlets run from £430,996 in E3 (Bow, Mile End) to £595,874 in E1 (Whitechapel, Aldgate, Stepney), a £164,878 spread inside a single borough. Asking prices show what sellers currently want, ahead of the sold figures that confirm what buyers actually pay. The table is ranked cheapest first.

Rank Area Asking Price
1 E3 (Bow, Mile End) £430,996
2 E14 (Canary Wharf, Isle of Dogs, Poplar) £520,813
3 E2 (Bethnal Green) £535,142
4 E1 (Whitechapel, Aldgate, Stepney) £595,874

E3 around Bow and Mile End is the cheapest entry at £430,996, the older terraced and ex-council heart of the borough away from the river. E14, the Canary Wharf and Isle of Dogs postcode that most people picture when they think of Tower Hamlets, is next at £520,813, its asking price held down by the wave of new flats coming to market. E1 at £595,874 is the dearest, covering the Whitechapel, Aldgate and Stepney fringe of the City where small central flats command a premium.

Price Per Square Foot in Tower Hamlets

Wapping's E1W is the dearest space in Tower Hamlets at £858 per square foot, while Bow's E3 is the most affordable at £644. Measuring by the square foot strips out how big the homes are and compares what the location itself commands, a cleaner read than headline price when stock sizes vary as much as they do across this borough. The table is ranked dearest first.

Rank Area Price Per Sq Ft
1 E1W (Wapping) £858
2 E2 (Bethnal Green) £755
3 E1 (Whitechapel, Aldgate, Stepney) £746
4 E14 (Canary Wharf, Isle of Dogs, Poplar) £681
5 E3 (Bow, Mile End) £644

E1W in Wapping tops the table at £858 per square foot, the riverside warehouse-conversion market where space is scarce and views command a premium, well ahead of anywhere else in the borough. E2 in Bethnal Green and E1 around Whitechapel follow at £755 and £746, the City-fringe postcodes where small central flats push the rate up. E14 sits lower at £681 despite the Canary Wharf address, because the sheer volume of new and recent flat stock keeps the per-foot rate in check, and E3 in Bow is the most affordable space at £644.

House Price Growth in Tower Hamlets

E3 leads Tower Hamlets' recent growth with a 5.9% three-year return, while E14 sits at the other extreme down 24.7% over five years. The growth table is the clearest expression of the borough's split: the older terraced postcode in Bow has held its value while the Canary Wharf flat market in E14 has corrected hard since its peak.

Area 1 Year 3 Years 5 Years
E1 (Whitechapel, Aldgate, Stepney) -5.0% -9.9% -0.4%
E3 (Bow, Mile End) 3.6% 5.9% -2.3%
E2 (Bethnal Green) -2.9% -3.5% -14.9%
E14 (Canary Wharf, Isle of Dogs, Poplar) -12.1% -12.3% -24.7%

E1 around Whitechapel holds up best over five years at just -0.4%, its City-fringe demand cushioning the fall, though it is down 9.9% over three. E3 in Bow tells the more interesting story: it is the only postcode growing across the recent windows, up 3.6% over the past year and 5.9% over three, even if it is still 2.3% down over five. The older terraced and family stock there behaved differently from the rest of the borough, holding firm and recovering while the flats kept falling, the same pattern that runs through these tables.

E14 sits at the bottom, down 24.7% over five years, 12.3% over three and 12.1% over the past year, the deepest fall in the borough by a wide margin, with Bethnal Green's E2 next at -14.9% over five years. The Canary Wharf and Isle of Dogs flat market, heavily exposed to investor and overseas buyers and absorbing thousands of new units, has corrected hardest as that demand thinned and supply built up after the 2022 peak. The headline Canary Wharf address has been the weakest performer, not the strongest.

Monthly Property Sales in Tower Hamlets

Tower Hamlets records around 142 sales a month across its four priced postcodes, with E14 (Canary Wharf) the busiest at 51 and E2 (Bethnal Green) the quietest at 26. Transaction volumes and turnover vary across the borough, which shapes how easily an investor can buy now or sell later.

Area Sales Per Month Turnover Asking Price
E14 (Canary Wharf, Isle of Dogs, Poplar) 51 3% £520,813
E3 (Bow, Mile End) 37 6% £430,996
E1 (Whitechapel, Aldgate, Stepney) 28 3% £595,874
E2 (Bethnal Green) 26 6% £535,142

E14 is the busiest market at 51 sales a month, the natural result of its enormous and growing flat stock, but turnover is just 3% because so many homes mean only a small share changes hands each year. For a buyer that high volume means plenty of choice and ample comparable evidence on price; for a future seller it competes against a steady stream of new units. E3 in Bow follows at 37 sales a month on 6% turnover, the highest churn in the borough, a deep and liquid market in the older terraced streets.

E2 in Bethnal Green is the quietest at 26 sales a month, though still on 6% turnover, a tighter market where less stock comes up. Thin volume there has an upside and a downside: a buyer has less to choose from, but the postcode is not having to swallow the same stream of new flats as E14. The selling-times section below turns these volumes into how long a sale actually takes.

How Long Properties Take to Sell in Tower Hamlets

E2 and E3 clear in about 507 days, while E1 and E14 carry roughly 33 months of unsold stock and take around 1,014 days to sell at the current rate. Days on market counts how long a home is listed before it sells; months of unsold stock counts how much for-sale supply is waiting at the current rate of sale. A yield figure tells you nothing about the wait to get your money back out, and in Tower Hamlets that wait stretches from about a year and a half to nearly three years. The table is ranked fastest first.

Area Avg Days to Sell Months of Unsold Stock Market
E2 (Bethnal Green) 507 16.7 Buyer's market
E3 (Bow, Mile End) 507 16.7 Buyer's market
E1 (Whitechapel, Aldgate, Stepney) 1,014 33.3 Buyer's market
E14 (Canary Wharf, Isle of Dogs, Poplar) 1,014 33.3 Buyer's market

Every postcode in Tower Hamlets reads as a buyer's market, which tells you where the negotiating leverage sits. E2 and E3 clear fastest at around 507 days and 16.7 months of supply, the older inland markets where stock is tighter and demand steadier. Even these, the quickest in the borough, take well over a year to sell, a marker of how much for-sale supply the market is carrying.

E1 and E14 each hold around 33 months of unsold stock and take roughly 1,014 days to find a buyer, twice the exit time of E2 and E3. For an investor the slow E14 market means real room to negotiate on the way in, but a long and costly wait whenever the time comes to sell, so any entry discount in Canary Wharf has to be weighed against the holding cost on exit. The keenest prices in these slow markets tend to sit off the open portals.

What Type of Property Can You Buy in Tower Hamlets?

Flats dominate every postcode in Tower Hamlets, from 85.4% of stock in E1W (Wapping) down to 76.8% in E3 (Bow), with houses a small minority everywhere. For a buy-to-let investor the stock mix is the fact to start from: Tower Hamlets is a flat market from end to end, with no genuine house market in any postcode. The figures below are drawn from 2021 Census records for each postcode.

Area Detached Semi-detached Terraced Flats
E1W (Wapping) 1.3% 2.3% 10.9% 85.4%
E1 (Whitechapel, Aldgate, Stepney) 1.3% 2.7% 11.6% 84.3%
E2 (Bethnal Green) 1.1% 2.5% 12.1% 84.1%
E14 (Canary Wharf, Isle of Dogs, Poplar) 1.3% 4.4% 11.5% 82.4%
E3 (Bow, Mile End) 1.7% 4.4% 15.3% 76.8%

E1W, E1 and E2 are around 84% to 85% flats, the dense central and riverside postcodes around Wapping, Whitechapel and Bethnal Green where purpose-built blocks and warehouse conversions make up almost all the stock. These are single-let and professional-sharer postcodes, with very little for an investor chasing a house.

E3 in Bow has the highest share of houses, but even there flats still make up 76.8% of the stock, with terraced houses at 15.3% the largest house category anywhere in the borough. A buyer wanting a terraced house in Tower Hamlets is effectively shopping in E3 and competing with owner-occupier families for it. Across the rest of the borough the choice is a flat.

The flats figure covers purpose-built blocks, conversions and flats above commercial units, and a small share of temporary dwellings is excluded, so rows may fall just short of 100%.

Tower Hamlets Rental Market Analysis

Monthly rents in Tower Hamlets range from £2,307 in E2 to £2,830 in E1, with gross rental yields from 5.2% to 6.5% across the four priced postcodes. The borough's sold-price index fell 17.1% from £552,155 in April 2021 to £457,504 in April 2026. The sections below break down rents, yields and tenant affordability postcode by postcode, alongside the wider question of whether buy to let is worth it. Current buy-to-let property listings provide a separate view of available stock across the capital.

Average Rent & Gross Rental Yields in Tower Hamlets

Gross rental yields in Tower Hamlets run from 5.2% in E2 to 6.5% in E3. The cheapest postcode delivers the highest yield, the inverse relationship between price and income that runs through most of inner London, and E3 in Bow pairs the borough's lowest asking price with a solid rent to top the table by a clear margin.

Area Average Monthly Rent Asking Price Gross Yield
E3 (Bow, Mile End) £2,344 £430,996 6.5%
E1 (Whitechapel, Aldgate, Stepney) £2,830 £595,874 5.7%
E14 (Canary Wharf, Isle of Dogs, Poplar) £2,412 £520,813 5.6%
E2 (Bethnal Green) £2,307 £535,142 5.2%

E3 tops the yield table at 6.5%, comfortably the highest in the borough, pairing the lowest asking price of £430,996 with a £2,344 monthly rent in Bow and Mile End. A 30% deposit there is £129,299, the lowest figure in Tower Hamlets. E1 around Whitechapel follows at 5.7%, where the borough's highest rent of £2,830 offsets its highest asking price, and E14 in Canary Wharf is close behind at 5.6%.

E2 in Bethnal Green sits at the bottom of the yield table at 5.2%, where a £535,142 asking price meets the lowest rent in the borough at £2,307. Its high price per square foot, the second dearest space in Tower Hamlets, is not matched by a rent that keeps pace, which compresses the income return. The gap between E3 at 6.5% and E2 at 5.2% is the widest yield spread in the borough, and it tracks the price-per-square-foot order almost exactly.

Gross Rental Yield by Postcode

Is Tower Hamlets Rent High?

Tower Hamlets rents consume between 53.2% and 65.3% of the local median individual salary, well above the 30% affordability benchmark and a clear marker of how the borough's rental market is priced. The common rule of thumb is that rent should take around 30% of gross income. No Tower Hamlets postcode comes close to that on a single median salary, which tells you who actually rents here.

The median gross weekly salary in Tower Hamlets is £1,000.00, which works out at £4,333 per month or £52,000 per year. That sits above the London median of £892.60 a week and well clear of the Great Britain median of £752.40. Data from the Nomis Labour Market Profile (ASHE 2025).

Rank Area Rent as % of Income
1 E1 (Whitechapel, Aldgate, Stepney) 65.3%
2 E14 (Canary Wharf, Isle of Dogs, Poplar) 55.7%
3 E3 (Bow, Mile End) 54.1%
4 E2 (Bethnal Green) 53.2%

These figures compare a one-bedroom-or-larger market rent against a single resident's median pay, so they read high by design. In practice Tower Hamlets renters are mostly couples and sharers pooling two or more incomes, which is how a borough with rents above £2,300 a month sustains the demand it does. E2 in Bethnal Green at 53.2% is the most affordable on this measure, where the borough's lowest rent meets the same median salary, while E1 at 65.3% is the most stretched, carrying the highest rent in the borough.

How Big Is Tower Hamlets' Private Rented Sector?

The private rented sector is deepest in E14 and E1W, where it accounts for 44.5% and 43.1% of households, and shallowest in E3 (Bow) at 33.5%. The share of homes already rented privately is a guide to how large and established the local tenant pool is, and across Tower Hamlets it sits alongside an unusually large social-rented sector, a legacy of the borough's extensive council estates. The table below shows household tenure by postcode.

Area Owned Outright Owned with Mortgage Private Rented Social Rented
E14 (Canary Wharf, Isle of Dogs, Poplar) 9.4% 16.6% 44.5% 27.2%
E1W (Wapping) 10.5% 15.5% 43.1% 28.9%
E1 (Whitechapel, Aldgate, Stepney) 8.4% 13.3% 42.0% 34.2%
E2 (Bethnal Green) 8.1% 14.5% 36.6% 38.5%
E3 (Bow, Mile End) 7.8% 18.1% 33.5% 37.0%

E14 and E1W hold the largest private rented sectors at 44.5% and 43.1%, the riverside and Canary Wharf postcodes where renting is the default tenure for the finance professionals who fill the new-build flats. A private rented share above 40% points to a deep, tested lettings market rather than an untried one, and these two postcodes carry the most renters in the borough.

Social renting runs high across the western postcodes, from 34.2% in E1 up to 38.5% in Bethnal Green's E2, a legacy of Tower Hamlets' large council estates and far above the national norm. Owner-occupation is thin everywhere, peaking at just 26.0% combined in E1W. That mix is why tenant demand in Tower Hamlets is broad rather than uniform, shifting from professional renters near the river to a lower-income and benefit-supported base in the inland estates.

Local Housing Allowance Rates in Tower Hamlets

All five Tower Hamlets postcodes fall in the single Inner East London Broad Rental Market Area, so the Local Housing Allowance rates are uniform across the borough, from £160.98 a week for a room to £690.41 for a four-bed. Local Housing Allowance is the most a tenant on housing support can claim towards rent, so they fix what the benefit will meet; market rents can sit above or below them. To check the figure for a specific address, use the government's official Local Housing Allowance calculator.

Property Size Inner East London (weekly)
Shared accommodation £160.98
1 bedroom £331.39
2 bedrooms £402.74
3 bedrooms £497.10
4 bedrooms £690.41

The two-bedroom rate of £402.74 a week works out at about £1,745 a month, well below Tower Hamlets' open-market rents of £2,307 to £2,830. A benefit-backed tenancy at the LHA rate therefore sits a long way under the borough's market rents in every postcode. Given Tower Hamlets' large social-rented and lower-income population, the LHA rate applies to a larger share of the market here than in most inner-London boroughs, particularly across the Bethnal Green, Whitechapel and Bow estates. These rates are the June 2026 figures and are reset each April.

The Greenway walking and cycle path in east London near Tower Hamlets
The Greenway path crossing east London near Bow

Buy-to-Let Considerations

Are House Prices High in Tower Hamlets? Price-to-Earnings Ratios

Buying in Tower Hamlets takes between 8.3 and 11.5 times the local median salary, with every postcode well above the national benchmark. This is based on the Nomis Labour Market Profile for Tower Hamlets, which puts the median gross annual income for residents at £52,000.

The national benchmark for price-to-earnings is 7.4x (England's average sold price of £289,946 divided by the Great Britain median annual salary of £39,125). No Tower Hamlets postcode comes close to that, which puts the whole borough in expensive territory relative to local incomes, though the borough's high local wages soften the gap compared with most of inner London.

Rank Area Price-to-Earnings Ratio
1 E3 (Bow, Mile End) 8.3x
2 E14 (Canary Wharf, Isle of Dogs, Poplar) 10.0x
3 E2 (Bethnal Green) 10.3x
4 E1 (Whitechapel, Aldgate, Stepney) 11.5x

E3 in Bow is the most affordable on this measure at 8.3x, the closest any postcode comes to the national 7.4x, helped by the borough's high local earnings against its lowest asking price. Even so, the cheapest way into Bow still takes more than eight years of the local median salary.

E1 around Whitechapel is the least affordable at 11.5x, with E2 in Bethnal Green close behind at 10.3x. The City-fringe premium on small central flats pushes E1 to the top, while the high deposits across the borough mean even the lower ratios translate into large amounts of capital. Tower Hamlets buyers rarely rely on a single local wage.

Deposit Requirements in Tower Hamlets

A 30% deposit on a buy-to-let in Tower Hamlets ranges from £129,299 in E3 to £178,762 in E1. The £49,463 gap between the cheapest and dearest deposit is itself larger than a full deposit in much of the country. For investors comparing Tower Hamlets with the rest of London, these deposits sit above the outer-London boroughs but below the prime western neighbours and, notably, below most of inner London because the borough's prices have fallen.

Beyond the deposit, the stamp duty calculation and other buy-to-let running costs add materially to the capital required, particularly at Tower Hamlets' price points where the surcharge on additional property runs into five figures on its own.

Rank Area 30% Deposit Required
1 E3 (Bow, Mile End) £129,299
2 E14 (Canary Wharf, Isle of Dogs, Poplar) £156,244
3 E2 (Bethnal Green) £160,543
4 E1 (Whitechapel, Aldgate, Stepney) £178,762

E3 keeps the entry cost down at a £129,299 deposit, pairing the lowest deposit in the borough with the highest yield at 6.5% and the most recent price growth. Bow is the practical starting point for an investor working to a budget.

At the top, E1 needs a £178,762 deposit, around £49,000 more than E3, for a Whitechapel and Aldgate postcode that earns 5.7% through the rent. E14 in Canary Wharf sits in the middle at a £156,244 deposit, but that buys into the postcode with the deepest recent price falls and the longest selling times, so the extra capital over E3 carries more risk on exit.

What the Tower Hamlets Data Tells Buy-to-Let Investors

In Tower Hamlets the cheapest postcode is also the highest-yielding and the only one still growing. E3 (Bow, Mile End) carries the top yield at 6.5% and is the cheapest way in, at a £430,996 asking price for an investment property in Tower Hamlets, and the most affordable against local earnings at 8.3 times income. A 30% deposit there is £129,299, the lowest in the borough, for a home renting at £2,344 a month, and unlike the rest of the borough E3 is up 5.9% over three years rather than down.

Run a line through the borough and it lands on the flats. The Canary Wharf and Isle of Dogs market in E14 has fallen 24.7% over five years, the deepest correction here, as thousands of new units met thinner investor demand after the 2022 peak. Bethnal Green's E2 is down 14.9% over the same span. Bow's E3, built around older terraces rather than towers, is the one that has held. The postcodes that look most like the Tower Hamlets of the marketing brochures have been the weakest performers, and the older inland streets the steadiest.

The flat-dominated stock is the defining feature across the whole borough. Flats make up between 76.8% and 85.4% of homes in every postcode, and the all-property sold average of £457,504 sits close to the flat figure of £440,071 rather than the far higher house prices of £695,165 for a terrace or more for a semi. There is no genuine house market here in the way Dulwich or the leafier outer boroughs offer one, so a Tower Hamlets investment is, almost by definition, a flat.

Against the rest of inner London, Tower Hamlets stands out for prices that have not merely stalled but fallen: down 17.1% over five years and 8.8% over ten, about 20.1% off its January 2022 high. On the data, its rental yields have held up better than its capital values, and the postcode paying the best income is not the one that has fallen the most. Every postcode is a buyer's market, and with E1 and E14 sitting on roughly 33 months of unsold stock the leverage is with the purchaser, so the sharpest prices tend to surface in below market value and off-market channels before they reach the open portals.

How Tower Hamlets Compares

Tower Hamlets' mean asking price of £520,706 places it between its cheaper eastern neighbour Newham and its dearer northern neighbours Hackney and Islington, while its top yield of 6.5% is the second-highest of the four. The comparison below sets Tower Hamlets alongside three bordering boroughs, each with a different balance of price and income return. Mean asking price and mean monthly rent are simple averages across all postcodes with data, and top gross yield is the single highest postcode yield in each borough.

Location Mean Asking Price Mean Monthly Rent Mean Gross Yield Top Yield (postcode)
Newham £437,735 £2,189 6.0% 6.8% (IG11)
Tower Hamlets £520,706 £2,473 5.7% 6.5% (E3)
Hackney £653,333 £2,617 4.8% 5.7% (E1)
Islington £699,752 £2,753 4.7% 5.3% (EC1, N19)

Newham to the east is the cheapest of the group at a £437,735 average and carries the highest top yield at 6.8%, the lower-priced route to a strong headline income return from the same eastern slice of London. Tower Hamlets sits one step up on price at £520,706 with a 6.5% top yield, a small premium for the borough's more central position and Canary Wharf employment base.

Hackney to the north runs dearer at £653,333 and yields less at 5.7%, the trade-off of its stronger owner-occupier demand, while Islington is the most expensive at £699,752 and the lowest-yielding at 5.3%, the established inner-north pattern of higher prices for less income. For investors prioritising yield from a smaller deposit, Newham makes the case; for those wanting Tower Hamlets' Canary Wharf demand and the discount its recent correction has opened up, the borough's mid-table position buys it. For a data-driven comparison across the whole country, see our best places to invest in buy-to-let guide.

Frequently Asked Questions

What are buy-to-let prices, yields and growth in Tower Hamlets?

Private-rented shares exceed 40% in the Canary Wharf and riverside postcodes, while median resident earnings are £52,000 a year. Published gross yields reach 6.5% in E3, the highest in the borough. The borough index is about 20.1% below its January 2022 high, down 17.1% over five years and 8.8% over ten.

E3 (Bow) combines the borough's lowest mean asking price with its highest gross yield and the only recent postcode growth in this comparison. E14 (Canary Wharf) is down 24.7% over five years, while E1 and E14 tie for the longest measured selling time at about 1,014 days, or 33.3 months of unsold stock. The differences show why the postcode figures need to be read separately from the borough average.

What are the best areas in Tower Hamlets for property investment?

The borough splits between the older inland streets and the riverside towers, and the goal points to the postcode. For yield, E3 (Bow) leads at 6.5% with the lowest asking price at £430,996 and the cheapest deposit at £129,299, and it is also the only postcode up over three years, at 5.9%. For tenant depth, E14 (Canary Wharf) and E1W (Wapping) carry the largest private rented sectors at 44.5% and 43.1%, though E14's prices have fallen hardest.

E1 around Whitechapel offers the highest rent in the borough at £2,830 a month and a 5.7% yield on the City fringe. So income runs to Bow, the deepest renter pools sit along the river, and the Canary Wharf flats offer the largest recent discount for a buyer willing to take on a falling, slow-selling market.

What are average house prices in Tower Hamlets?

The average sold price across Tower Hamlets is £457,504 on the Land Registry index, about 57.8% above the England average of £289,946 as of April 2026. Asking prices by postcode run from £430,996 in E3 (Bow) up to £595,874 in E1 (Whitechapel), with a borough-wide mean of £520,706. By type, the index puts flats at £440,071, terraced houses at £695,165, semi-detached at £673,681 and detached at £916,395, though houses make up under a quarter of the stock everywhere.

Through a buy-to-let lens, E3 is the cheapest entry and the highest-yielding at 6.5%, while E1 is the dearest and E2 the lowest-yielding at 5.2%.

What type of property is most common in Tower Hamlets?

Flats, in every postcode. They run from 76.8% of the stock in E3 (Bow) up to 85.4% in E1W (Wapping), and stay above 82% in the central and riverside postcodes. Terraced houses, the largest house category, peak at 15.3% in E3 and fall away elsewhere, while detached and semi-detached homes are rare across the whole borough. For a buy-to-let investor, Tower Hamlets is a flat market from end to end, with the only meaningful house stock in Bow.

Why have Tower Hamlets house prices fallen recently?

Tower Hamlets reached an all-time high of £572,680 in January 2022 and has since fallen to £457,504 by April 2026, around 20.1% below that peak. The fall is led by the new-build flats: E14 around Canary Wharf is down 24.7% over five years and E2 in Bethnal Green down 14.9%, both heavily exposed to investor and overseas demand that thinned after interest rates rose, while thousands of new units kept coming to market. Bow's older terraced E3 ran the other way, up 5.9% over three years.

Step back and the picture lengthens. The borough is down 8.8% over ten years but up 596.2% over thirty, so the recent fall comes after a decade of little net movement at the top of a long climb, sharpened by the wave of flat completions Tower Hamlets has taken on since 2020.

Is there demand for student and shared accommodation in Tower Hamlets?

Student and sharer demand is one of the borough's steadier rental currents. Queen Mary University of London sits in Mile End in the E3 postcode, the major teaching hospitals at Whitechapel anchor a large key-worker population in E1, and the City and Canary Wharf are a few minutes away, which keeps a constant flow of students, graduates and young professionals moving through the market. That demand sits behind the deep private rented sectors across the borough.

On the shared-house side, the high rents and flat-heavy stock make house shares and HMOs a common route to a workable yield, particularly in the dearer central postcodes. For how the numbers work on a shared house, see our guide to HMO property, and for the purpose-built end of the market, our guide to student property investment.

How does Tower Hamlets compare to Newham for buy-to-let?

Newham is the cheaper route to a similar headline yield. Newham's mean asking price is £437,735 against Tower Hamlets' £520,706, and its top yield is 6.8% against Tower Hamlets' 6.5%, on a slightly lower average rent of £2,189 versus £2,473. Both are east London boroughs with deep rental demand, large social-rented sectors and a flat-dominated housing stock.

Tower Hamlets adds the Canary Wharf employment base and the more central position, along with the larger recent price correction, which has opened a discount its asking prices now reflect. The choice tends to come down to whether Newham's lower asking prices or the Tower Hamlets location and tenant base fits the budget and the plan.

What are the Local Housing Allowance rates in Tower Hamlets?

All five Tower Hamlets postcodes fall in the Inner East London Broad Rental Market Area, so the rate is the same across the borough. The June 2026 figures run from £160.98 a week for a shared room to £690.41 for a four-bed, with a one-bed at £331.39 and a two-bed at £402.74. Those figures are the most a tenant on housing support can claim, so they cap the state's contribution, not the rent a landlord can charge, and they sit well below Tower Hamlets' open-market rents in every postcode.

How do I buy an investment property in Tower Hamlets?

Start by deciding whether you are buying for income or for a discounted entry, because the two point to different postcodes. For yield, E3 (Bow) is the cheapest entry at £430,996 and the highest-yielding at 6.5%, with the only recent price growth in the borough. For a buyer willing to take on a falling market, E14 (Canary Wharf) offers the largest discount off its 2022 peak, though it yields less and takes longest to sell. Budget for a 30% deposit, which runs from £129,299 in E3 to £178,762 in E1.

Because every postcode is a buyer's market, with E1 and E14 carrying around 33 months of unsold stock, there is often real room to negotiate. Plenty of experienced investors buy below asking through off market properties and BMV property. To see what is available now, browse investment properties or buy-to-let opportunities.

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