House prices in Tower Hamlets
Not legal advice. This page has not been reviewed by a solicitor. The figures are official statistics run through our calculators, not a quote.
Data as of: UK House Price Index published 21 October 2026.
What is the average house price in Tower Hamlets?
As of August 2026, the average house price in Tower Hamlets is £447,950, down 13.3% on a year earlier. Detached £899,832, semi-detached £675,369, terraced £696,816, flat £429,851. First-time buyers paid £430,635 on average. Figures from the UK House Price Index, published 21 October 2026.
Updated
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Get a conveyancing quoteAverage price, month by month
| Month | Average price | Sales |
|---|---|---|
| August 2025 | £516,563 | 251 |
| September 2025 | £509,940 | 247 |
| October 2025 | £503,448 | 211 |
| November 2025 | £493,268 | 215 |
| December 2025 | £476,577 | 176 |
| January 2026 | £461,292 | 161 |
| February 2026 | £460,606 | 134 |
| March 2026 | £454,444 | 199 |
| April 2026 | £459,645 | 142 |
| May 2026 | £455,493 | 143 |
| June 2026 | £460,521 | 118 |
| July 2026 | £450,400 | |
| August 2026 | £447,950 |
More questions about prices in Tower Hamlets
Are house prices going up in Tower Hamlets?
No: the average home sold for £447,950 in August 2026, down 13.3% on August 2025, against £293,525 across England. Prices rose in 2 of the last 12 months and fell or held in 10.
Source: HM Land Registry, UK House Price Index, August 2026.
When were house prices highest in Tower Hamlets over the last year?
The highest monthly average in the 13 months to August 2026 was £516,563 in August 2025; the lowest was £447,950 in August 2026.
Source: HM Land Registry, UK House Price Index, August 2026.
How have prices changed by type of home in Tower Hamlets?
Over the year, detached homes did best (down 9.3%) and flats worst (down 13.6%).
Source: HM Land Registry, UK House Price Index, August 2026.
What do first-time buyers pay for a home in Tower Hamlets?
First-time buyers paid £430,635 on average in August 2026, and buyers who already owned a home paid £510,008.
Source: HM Land Registry, UK House Price Index, August 2026.
How many homes sell in Tower Hamlets each month?
118 sales were recorded in June 2026. The latest months' figures are provisional and are revised as more sales are registered.
Source: HM Land Registry, UK House Price Index, June 2026.
How much stamp duty would I pay on an average home in Tower Hamlets?
A home mover paying the local average for movers, £510,008, pays £15,500 in stamp duty. Tax and legal fees for each kind of buyer in Tower Hamlets.
What is the average rent in Tower Hamlets?
£2,462 a month in September 2026, from the ONS Price Index of Private Rents. Rents by size and type of home in Tower Hamlets.
Prices by property type
| Type | August 2026 | August 2025 | Change |
|---|---|---|---|
| Detached | £899,832 | £991,696 | -9.3% |
| Semi-detached | £675,369 | £746,019 | -9.5% |
| Terraced | £696,816 | £772,679 | -9.8% |
| Flat | £429,851 | £497,484 | -13.6% |
Nearby areas
| Area | Average price | Year change |
|---|---|---|
| City of London | £726,633 | -14.6% |
| Hackney | £619,408 | -1.6% |
| Newham | £388,045 | -4.7% |
| Southwark | £569,160 | -2.1% |
What buying here costs in tax and fees: conveyancing costs in Tower Hamlets.
Questions
What is the average house price in Tower Hamlets?
How much is a flat in Tower Hamlets?
Sources
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. UK House Price Index published 21 October 2026, retrieved 2026-11-02. Contains public sector information licensed under the Open Government Licence v3.0. This page is general information, not legal advice, and hasn't been reviewed by a solicitor. Instrukt is not a law firm.