local authority Land Registry UK HPI

Tower Hamlets house prices, July 2026

Average sold prices for Tower Hamlets, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£447,796
Annual change
-14.4%
Homes sold, May 2026
133
England average
£293,479

The average property in Tower Hamlets sold for £447,796 in July 2026, down 14.4% on the year. That is about 53% above the England average of £293,479. 133 homes sold in Tower Hamlets in May 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to July 2026, the average price in Tower Hamlets fell 13%, peaking at £516,548 in August 2025.

£516,548 £447,796
August 2025July 2026

Peak £516,548 in August 2025.

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By property type

Detached homes are the most expensive in Tower Hamlets at £889,618, 107% above flat or maisonette at £430,120. Every property type is down on the year.

Average sold price by property type, July 2026.
Property typeAverage priceAnnual change
Detached£889,618-11.7%
Semi-detached£666,730-11.4%
Terraced£690,210-11.3%
Flat or maisonette£430,120-14.6%

By buyer status

First-time buyers in Tower Hamlets paid £83,831 less than people who already owned, a gap of 20%.

Average sold price by buyer status, July 2026.
BuyerAverage priceAnnual change
First-time buyer£428,877-14.3%
Former owner-occupier£512,708-14.2%

By funding status

Cash buyers in Tower Hamlets paid 4% more than those with a mortgage. Cash accounted for 13% of the sales counted in May 2026.

Average sold price by funding status, July 2026. Sales volumes are for May 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£461,531-14.5%6
Mortgage£443,757-14.3%41

By property status

New builds in Tower Hamlets sold for 8% more than existing homes.

Average sold price by property status, May 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£478,930-12.8%
Existing property£441,839-13.2%

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
July 2026£447,796-14.4%n/a
June 2026£454,441-13.5%n/a
May 2026£451,939-13%133
April 2026£458,799-12.3%130
March 2026£458,708-10.8%191
February 2026£462,014-10.3%131
January 2026£462,354-9.9%155
December 2025£474,665-8.7%164
November 2025£491,956-7%203
October 2025£502,383-5.2%204
September 2025£509,191-3.2%243
August 2025£516,548-1.7%250
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Figures for a local authority are a three-month average rather than a single month's transactions. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.