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 5 July 2026Average house price£457,504
MoM +0.8%YoY -12.6%
Average private rent£2,419
MoM +0.3%YoY +2.4%
Median annual pay£51,823ASHE 2025
Employment rate73.6%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
- April 2026
- Rent data
- May 2026
- Pay data
- Jan 2025-Dec 2025 / ASHE 2025
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £457,504 in April 2026, 0.8% up over the month and 12.6% down over the year.
Monthly movementUp 0.8%From £454,018 last month
Annual movementDown 12.6%From £523,346 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: May 2025 | Average: £521,704 | Monthly: -0.3% | Annual: +7.2% |
| Month: June 2025 | Average: £527,686 | Monthly: +1.1% | Annual: +4.3% |
| Month: July 2025 | Average: £524,350 | Monthly: -0.6% | Annual: +2.0% |
| Month: August 2025 | Average: £513,228 | Monthly: -2.1% | Annual: -2.3% |
| Month: September 2025 | Average: £503,399 | Monthly: -1.9% | Annual: -4.3% |
| Month: October 2025 | Average: £492,924 | Monthly: -2.1% | Annual: -7.0% |
| Month: November 2025 | Average: £487,672 | Monthly: -1.1% | Annual: -7.8% |
| Month: December 2025 | Average: £474,155 | Monthly: -2.8% | Annual: -8.8% |
| Month: January 2026 | Average: £466,132 | Monthly: -1.7% | Annual: -9.2% |
| Month: February 2026 | Average: £459,179 | Monthly: -1.5% | Annual: -10.8% |
| Month: March 2026 | Average: £454,018 | Monthly: -1.1% | Annual: -11.7% |
| Month: April 2026 | Average: £457,504 | Monthly: +0.8% | Annual: -12.6% |
Continue Tower Hamlets Research
House Prices And Sold-Price Evidence
UK HPI shows £457,504 for April 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £2,419 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 recorded an average house price of £457,504 in April 2026, according to the UK House Price Index. That was up 0.8% on March, when the average was £454,018.
It is a modest monthly rise, and it breaks a run of declines seen over the previous months. The annual picture is still weak.
Tower Hamlets rents continued to rise in May 2026, according to the ONS Price Index of Private Rents. The average monthly rent reached £2,419.
That is up £9 from April’s £2,410. It means a modest month-on-month increase of 0.35%.
Tower Hamlets has a resident population of 331,886, so its labour market is shaped by a large and diverse local base. The latest ONS and Nomis figures, drawn from the Annual Population Survey, show a mixed picture when set against Great Britain.
Resident median pay is relatively strong.