Council areaLondon, England

House prices in Tower Hamlets

Homes in Tower Hamlets sold for a median of £500,000 from September 2024 to August 2026, across 4,908 standard sales.

That puts it among the cheapest third of the 32 London boroughs with at least 300 sales. The median across the region was £525,000.

Median sale price£500,0004,908 standard sales
Middle half of prices£389,000 to £680,000
Change since 2016+6%Median, 2016 to 2025, before inflation

Prices by property type

Standard sales in Tower Hamlets, September 2024 to August 2026. Per m² uses sales HM Land Registry has linked to a property reference that has an energy certificate
TypeSalesMedian priceMiddle halfPer m²
Semi-detached21£775,000£715,000 to £960,000Too few
Terraced422£835,000£660,000 to £1,050,000Too few
Flats and maisonettes4,461£475,000£380,000 to £635,000£6,944/m²from 123 sales

Most homes sold in Tower Hamlets were flats and maisonettes, at 91% of sales. New builds made up 15% of sales, against 6% across England and Wales.

Terraced houses stand out against London as a whole: a median of £835,000 here, 42% more than the £590,000 across the region.

459 sales in Tower Hamlets, or 9%, were for £1 million or more, against 3% across England and Wales.

Measured by floor area, homes here sold for a median of £7,048 per m², 10% above the £6,381 across London as a whole.

Prices over time

  1. 2016: £470,000
  2. 2017: £490,000
  3. 2018: £480,000
  4. 2019: £500,000
  5. 2020: £533,500
  6. 2021: £570,500
  7. 2022: £515,000
  8. 2023: £509,000
  9. 2024: £515,000
  10. 2025: £500,000
  11. 2026, January to August: £450,000
Yearly median of standard sales, not adjusted for inflation. 2026 covers January to August only, and the ringed bar, 2025, is the latest full year.

The median rose 6%, from £470,000 in 2016 to £500,000 in 2025, less than the 20% rise across London as a whole.

Postcode districts in Tower Hamlets

The dearest district was E22 (mostly Blackwall & Cubitt Town ward), at £814,500, and the cheapest was E3 (Tower Hamlets), at £446,000.

Map loading

Each dot is a postcode district in Tower Hamlets, placed at the centre of its postcodes and labelled with the median price of its standard sales, September 2024 to August 2026. The list below gives the same figures.
Districts with at least 100 standard sales, September 2024 to August 2026
  1. E22Tower Hamlets, 138 salesMedian price £814,500Price per square metre Too fewChange in the median from 2024 to 2025 Too few
  2. E1WTower Hamlets, 519 salesMedian price £695,000Price per square metre £8,122Change in the median from 2024 to 2025 +11%
  3. E2Tower Hamlets, 697 salesMedian price £510,000Price per square metre Too fewChange in the median from 2024 to 2025 +4%
  4. E14Tower Hamlets, 1,850 salesMedian price £500,000Price per square metre £7,161Change in the median from 2024 to 2025 −11%
  5. E1Tower Hamlets, 740 salesMedian price £462,500Price per square metre £7,132Change in the median from 2024 to 2025 −2%
  6. E3Tower Hamlets, 1,086 salesMedian price £446,000Price per square metre £6,156Change in the median from 2024 to 2025 +2%

1-year change: 2025 against 2024, where both years had 100 or more standard sales. It moves with which homes sold, so treat it as a guide, not a price index.

From 2024 to 2025, the median rose most in E1W (mostly St Katharine's & Wapping ward), up 11%, and fell most in E14 (Tower Hamlets), down 11%.

Streets with the most standard sales in the districts listed above, September 2024 to August 2026:

  • Marsh Wall, London (E14)305 sales
  • Marsh Wall, London (E22)139 sales
  • Merino Gardens, London (E1W)119 sales
  • Hemlock Street, London (E14)95 sales
  • Fairfield Road, London (E3)79 sales
  • Boxwood Gardens, London (E1W)77 sales
  • Park Drive, London (E14)63 sales
  • Narrow Street, London (E14)51 sales

Of the streets with at least 10 sales, the dearest by median price were Boxwood Gardens, London (E1W, flats, £1,178,000), Park Drive, London (E14, flats, £1,016,500) and Merino Gardens, London (E1W, flats, £845,000).

The cheapest were Taylor Place, London (E3, flats, £281,500), Mace Street, London (E2, flats, £315,000) and Seven Sea Gardens, London (E3, flats, £325,000).

Leasehold homes

91% of sales in Tower Hamlets were leasehold, against 53% across London as a whole. Most of them are flats, so ask for the years left on the lease and the service charge, and read how long a lease should be and what to check about cladding.

Living in Tower Hamlets

Crime

124 crimes per 1,000 residents in the year to August 2026

Higher than 94 in 100 council areas. England and Wales: 84. The middle half of council areas are between 59 and 95.

The rate counts every crime recorded in an area against the people who live there, so shops, stations and nightlife push it up.

Gigabit broadband

87% of homes can get it

Lower than 64 in 100 council areas. England and Wales: 89%. The middle half of council areas are between 84% and 95%.

Radon

5% of postcodes are in a 1 km square that includes a radon Affected Area

Lower than 78 in 100 council areas.

In a radon Affected Area, UKHSA recommends a radon test. A UKradon report gives the result for an exact address.

Council tax

Band D is £1,838 a year in Tower Hamlets for 2026 to 2027

Lower than 98 in 100 council areas. England: £2,392. The middle half of council areas are between £2,323 and £2,526.

Band D includes every charge on the bill, such as police, fire and any county, parish or town council.

The free check gives these for a single home, with the nearest schools and road and rail noise (how we work them out).

Crime: data.police.uk, with Census 2021 population from the Office for National Statistics. Broadband: Ofcom Connected Nations, January 2026. Radon: the British Geological Survey and UKHSA. Council tax: the Ministry of Housing, Communities and Local Government. Contains public sector information licensed under the Open Government Licence v3.0.

London boroughs

Median sale price of the 32 London boroughs with at least 300 standard sales, September 2024 to August 2026, dearest first. Tower Hamlets and the 14 boroughs nearest it in the ranking are shown.

  1. Merton£542,500
  2. Waltham Forest£538,500
  3. Southwark£535,000
  4. Ealing£530,000
  5. Bromley£520,000
  6. Redbridge£507,000
  7. Hillingdon£505,000
  8. Tower Hamlets, this borough£500,000
  9. Hounslow£485,000
  10. Enfield£475,000
  11. Lewisham£475,000
  12. Greenwich£455,000
  13. Sutton£455,000
  14. Havering£450,000
  15. Newham£447,000

About these figures

Tower Hamlets's figures come from 4,908 standard sales, each placed in the council area by its own postcode (how we build council pages). New builds made up 15% of them.

Updated 15 October 2026 with sales recorded to August 2026. Next update due in late November 2026.

Contains HM Land Registry data © Crown copyright and database right 2026. Energy certificate data from the Ministry of Housing, Communities and Local Government. Both are licensed under the Open Government Licence v3.0.