local authority Land Registry UK HPI

Tower Hamlets house prices

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
£444,332
Annual change
-14.5%
Homes sold, March 2026
154
England average
£292,095

The average property in Tower Hamlets sold for £444,332 in May 2026, down 14.5% on the year. That is about 52% above the England average of £292,095. 154 homes sold in Tower Hamlets in March 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to May 2026, the average price in Tower Hamlets fell 15%, peaking at £522,884 in June 2025.

£522,884 £444,332
June 2025May 2026

Peak £522,884 in June 2025.

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By property type

Detached homes are the most expensive in Tower Hamlets at £872,887, 104% above flat or maisonette at £427,094. Every property type is down on the year.

Average sold price by property type, May 2026.
Property typeAverage priceAnnual change
Detached£872,887-13.5%
Semi-detached£656,564-11.6%
Terraced£680,161-11%
Flat or maisonette£427,094-14.8%

By buyer status

First-time buyers in Tower Hamlets paid £84,893 less than people who already owned, a gap of 20%.

Average sold price by buyer status, May 2026.
BuyerAverage priceAnnual change
First-time buyer£424,921-14.7%
Former owner-occupier£509,814-13.9%

By funding status

Cash buyers in Tower Hamlets paid 5% more than those with a mortgage. Cash accounted for 22% of the sales counted in March 2026.

Average sold price by funding status, May 2026. Sales volumes are for March 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£459,974-14.5%9
Mortgage£439,657-14.5%32

By property status

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

Average sold price by property status, March 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£478,525-11.8%
Existing property£444,975-11.7%

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
May 2026£444,332-14.5%n/a
April 2026£453,405-13.4%n/a
March 2026£454,682-11.6%154
February 2026£457,834-11.1%108
January 2026£464,310-9.5%136
December 2025£472,866-9.1%158
November 2025£489,845-7.4%190
October 2025£498,710-5.9%168
September 2025£510,515-2.9%210
August 2025£514,753-2%236
July 2025£520,912+1.4%244
June 2025£522,884+3.4%253
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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.