Tower Hamlets Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Tower Hamlets market at a glance
Page refreshed 19 August 2026Average house price£456,898
MoM +1.5%YoY -13.1%
Average private rent£2,439
MoM +0.4%YoY +3.0%
Median annual pay£51,823ASHE 2026
Employment rate72.7%Aged 16-64
What this means
Tower Hamlets house prices are falling compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- June 2026
- Rent data
- July 2026
- Pay data
- Apr 2025-Mar 2026 / ASHE 2026
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £456,898 in June 2026, 1.5% up over the month and 13.1% down over the year.
Monthly movementUp 1.5%From £450,318 last month
Annual movementDown 13.1%From £525,583 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: July 2025 | Average: £523,041 | Monthly: -0.5% | Annual: +1.8% |
| Month: August 2025 | Average: £516,755 | Monthly: -1.2% | Annual: -1.6% |
| Month: September 2025 | Average: £509,231 | Monthly: -1.5% | Annual: -3.2% |
| Month: October 2025 | Average: £501,810 | Monthly: -1.5% | Annual: -5.3% |
| Month: November 2025 | Average: £492,367 | Monthly: -1.9% | Annual: -7.0% |
| Month: December 2025 | Average: £475,188 | Monthly: -3.5% | Annual: -8.6% |
| Month: January 2026 | Average: £460,842 | Monthly: -3.0% | Annual: -10.2% |
| Month: February 2026 | Average: £458,260 | Monthly: -0.6% | Annual: -11.0% |
| Month: March 2026 | Average: £455,666 | Monthly: -0.6% | Annual: -11.4% |
| Month: April 2026 | Average: £456,210 | Monthly: +0.1% | Annual: -12.8% |
| Month: May 2026 | Average: £450,318 | Monthly: -1.3% | Annual: -13.4% |
| Month: June 2026 | Average: £456,898 | Monthly: +1.5% | Annual: -13.1% |
Continue Tower Hamlets Research
House Prices And Sold-Price Evidence
UK HPI shows £456,898 for June 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £2,439 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £51,823 and helps compare local affordability.
Open pageTower Hamlets Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Tower Hamlets market commentary
What the latest official data may mean for buyers, renters and investors.
Tower Hamlets house prices averaged £456,898 in June 2026, according to the latest UK House Price Index. That was up 1.5% on May, when the average stood at £450,318.
Even so, values were still 13.1% lower than a year earlier, showing that the borough remains well below its position in mid-2025.
Tower Hamlets’ average private rent stood at £2,439 in July 2026, according to the ONS Price Index of Private Rents. That was up £10 on the month from £2,429 in June.
It also means rents were 3.0% higher than a year earlier, when the average was £2,368.
Tower Hamlets has a large resident population of 334,240 and a labour market profile that stands out on the ONS and Nomis data. The latest Annual Population Survey profile shows an employment rate of 72.7%, below the Great Britain figure of 75.5%.
The unemployment rate is 8.8%, well above the national 4.5%.