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Housing in Tower Hamlets

London borough

East London. 334,240 people in 20 square kilometres, the most densely populated council in the UK.

17 layers about housing for Tower Hamlets, each at the level its publisher released it, with its own date and source.

Open in map

Sales per year by neighbourhood

Worked out by Open Index · 2025

Under 1133 or more

Tower Hamlets’s 169 neighbourhoods range from 0 to 171.

Average house price

Council
£447,796
HM Land Registry and partners · Jul 2026

Tower Hamlets’s average house price was £447,796 in July 2026.

That is 19% lower than London and 1.6 times the UK average.

Prices fell 14.4% in the year to July 2026.

Against London
19% lower£550,037
Against the UK
1.6 times£272,611

House prices since 2000

Monthly average house price, smoothed. Tower Hamlets’s is 3.2 times its 2000 level, slower than London’s.

House prices since 2000Average house price each month for Tower Hamlets, London, England, January 2000 to July 2026. Source: UK House Price Index.
House prices since 2000
MonthTower HamletsLondonEngland
Jan 2000£140,730£139,611£71,017
Jan 2001£164,827£160,094£79,663
Jan 2002£186,693£181,823£90,840
Jan 2003£226,556£221,778£114,816
Jan 2004£233,161£234,296£131,914
Jan 2005£250,824£248,820£149,713
Jan 2006£259,211£256,767£157,240
Jan 2007£290,342£286,542£171,666
Jan 2008£330,037£319,663£181,037
Jan 2009£275,970£270,949£153,585
Jan 2010£304,977£299,459£164,711
Jan 2011£311,115£308,301£164,697
Jan 2012£316,100£315,128£164,449
Jan 2013£322,706£333,332£166,938
Jan 2014£389,954£380,935£177,748
Jan 2015£447,028£431,270£191,523
Jan 2016£503,590£489,741£208,050
Jan 2017£503,104£509,175£218,655
Jan 2018£491,512£513,622£227,594
Jan 2019£476,574£503,232£230,974
Jan 2020£507,479£509,527£234,049
Jan 2021£505,973£529,101£249,890
Jan 2022£572,680£550,635£270,231
Jan 2023£517,302£570,869£285,817
Jan 2024£494,465£551,097£278,060
Jan 2025£513,199£563,861£287,264
Jan 2026£462,354£553,557£290,511
Jul 2026£447,796£550,037£293,479

House price to pay

CouncilGreat Britain only
8.6×
Worked out by Open Index · 2025

A home in Tower Hamlets costs 8.6 times local full-time pay.

Worked out by Open Index from the UK House Price Index and the ONS earnings survey.

House price to pay: Tower Hamlets among every council348 areas from 3.1× to 23.4×. The middle area is 7.3×. Tower Hamlets is 8.6×.

Sold prices

PostcodeEngland and Wales only

Published as points, so there is no single figure for Tower Hamlets. The map shows each one.

Average private rent

Council
£2,453
ONS private rents · Aug 2026

The average private rent in Tower Hamlets was £2,453 a month in August 2026.

That is 5% higher than London and 1.8 times the UK average.

Rents in Tower Hamlets rose 3.5% in the year to August 2026.

Tower Hamlets is 10th highest of 316 for average private rent.

Against London
5% higher£2,332
Against the UK
1.8 times£1,400

Rent since 2015

Monthly average private rent, smoothed. Tower Hamlets’s is 46% higher than in 2015, in step with London’s.

Rent since 2015Average private rent each month for Tower Hamlets, London, England, January 2015 to August 2026. Source: Price Index of Private Rents.
Rent since 2015
MonthTower HamletsLondonEngland
Jan 2015£1,677£1,580£950
Jan 2016£1,784£1,654£983
Jan 2017£1,863£1,705£1,018
Jan 2018£1,877£1,689£1,029
Jan 2019£1,876£1,695£1,043
Jan 2020£1,898£1,738£1,065
Jan 2021£1,878£1,735£1,076
Jan 2022£1,749£1,728£1,104
Jan 2023£1,896£1,830£1,166
Jan 2024£2,146£2,009£1,264
Jan 2025£2,340£2,229£1,375
Jan 2026£2,389£2,253£1,423
Aug 2026£2,453£2,332£1,459

Annual price change

Council
−14.4%
HM Land Registry and partners · Jul 2026
Annual price change: Tower Hamlets among every council360 areas from −20.7% to 12.8%. The middle area is 2.3%. Tower Hamlets is −14.4%.

Detached house price

Council
£889,618
HM Land Registry and partners · Jul 2026

The average price of a detached home in Tower Hamlets was £889,618 in July 2026.

That is 24% lower than London and twice the UK average for detached homes.

Against London
24% lower£1,167,718
Against the UK
twice£444,936
Detached house price: Tower Hamlets among every council348 areas from £175,111 to £4,525,386. The middle area is £447,347. Tower Hamlets is £889,618.

Flat price

Council
£430,120
HM Land Registry and partners · Jul 2026

The average price of a flat in Tower Hamlets was £430,120 in July 2026.

That is 1% higher than London and 2.2 times the UK average for flats.

Against London
1% higher£424,013
Against the UK
2.2 times£192,704
Flat price: Tower Hamlets among every council349 areas from £68,963 to £971,688. The middle area is £144,735. Tower Hamlets is £430,120.

Semi-detached house price

Council
£666,730
HM Land Registry and partners · Jul 2026

The average price of a semi-detached home in Tower Hamlets was £666,730 in July 2026.

That is 8% lower than London and 2.4 times the UK average for semi-detached homes.

Against London
8% lower£724,106
Against the UK
2.4 times£278,555
Semi-detached house price: Tower Hamlets among every council348 areas from £116,420 to £3,051,816. The middle area is £280,428. Tower Hamlets is £666,730.

Terraced house price

Council
£690,210
HM Land Registry and partners · Jul 2026

The average price of a terraced home in Tower Hamlets was £690,210 in July 2026.

That is 7% higher than London and 3 times the UK average for terraced homes.

Against London
7% higher£642,452
Against the UK
3 times£231,945
Terraced house price: Tower Hamlets among every council348 areas from £89,218 to £2,429,086. The middle area is £228,217. Tower Hamlets is £690,210.

House sales per month

Council
133
HM Land Registry and partners · May 2026

133 home sales were recorded in Tower Hamlets in May 2026.

Figures for the latest months are revised as more sales are registered.

House sales per month: Tower Hamlets among every council360 areas from 6 to 894. The middle area is 114. Tower Hamlets is 133.

One-bedroom private rent

Council
£1,992
ONS private rents · Aug 2026

The average private rent for a home with 1 bedroom in Tower Hamlets was £1,992 a month in August 2026.

That is 13% higher than London and 1.8 times the UK average for the same size of home.

Tower Hamlets is 7th highest of 316 for one-bedroom rent.

Against London
13% higher£1,760
Against the UK
1.8 times£1,136
One-bedroom private rent: Tower Hamlets among every council316 areas from £401 to £2,640. The middle area is £732. Tower Hamlets is £1,992.

Two-bedroom private rent

Council
£2,418
ONS private rents · Aug 2026

The average private rent for a home with 2 bedrooms in Tower Hamlets was £2,418 a month in August 2026.

That is 8% higher than London and 1.9 times the UK average for the same size of home.

Tower Hamlets is 8th highest of 316 for two-bedroom rent.

Against London
8% higher£2,232
Against the UK
1.9 times£1,281
Two-bedroom private rent: Tower Hamlets among every council316 areas from £509 to £3,428. The middle area is £921. Tower Hamlets is £2,418.

Three-bedroom private rent

Council
£2,750
ONS private rents · Aug 2026

The average private rent for a home with 3 bedrooms in Tower Hamlets was £2,750 a month in August 2026.

That is 4% higher than London and 1.9 times the UK average for the same size of home.

Tower Hamlets is 8th highest of 316 for three-bedroom rent.

Against London
4% higher£2,643
Against the UK
1.9 times£1,430
Three-bedroom private rent: Tower Hamlets among every council316 areas from £608 to £4,074. The middle area is £1,129. Tower Hamlets is £2,750.

Four-bedroom or larger private rent

Council
£3,378
ONS private rents · Aug 2026

The average private rent for a home with 4 or more bedrooms in Tower Hamlets was £3,378 a month in August 2026.

That is 7% lower than London and 1.6 times the UK average for the same size of home.

Tower Hamlets is 11th highest of 316 for four-bedroom or larger rent.

Against London
7% lower£3,646
Against the UK
1.6 times£2,080
Four-bedroom or larger private rent: Tower Hamlets among every council316 areas from £806 to £5,650. The middle area is £1,607. Tower Hamlets is £3,378.

Annual rent change

Council
3.5%
ONS private rents · Aug 2026

Private rents in Tower Hamlets changed by 3.5% in the year to August 2026.

Tower Hamlets is 135th weakest of 316 for annual rent change.

Against London
About the same3.5%
Against the UK
8% lower3.8%
Annual rent change: Tower Hamlets among every council316 areas from −2.4% to 13.4%. The middle area is 3.9%. Tower Hamlets is 3.5%.

House sales per year

CouncilEngland and Wales only
2,729
Worked out by Open Index · 2025

2,729 homes were sold in Tower Hamlets in 2025.

Worked out by Open Index from HM Land Registry Price Paid Data.

House sales per year: Tower Hamlets among every council318 areas from 19 to 10,423. The middle area is 2,124. Tower Hamlets is 2,729.

Median sale price

CouncilEngland and Wales only
£500,000
Worked out by Open Index · 2025

The median price paid for a home in Tower Hamlets was £500,000 in 2025.

Worked out by Open Index from HM Land Registry Price Paid Data.

Median sale price: Tower Hamlets among every council318 areas from £136,000 to £1,200,000. The middle area is £297,500. Tower Hamlets is £500,000.