Key indicators for buyers
The E1W market is moderately favourable for buyers. Prices are rising at 11.6%, which may favour acting sooner rather than later. Affordability has improved from a peak of 11.9x in 2021 to 7.5x today.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Tower Hamlets area
A home in Tower Hamlets costs 7.5x the local median salary — moderate, improving from a peak of 11.9x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Tower Hamlets area
Average monthly rent in Tower Hamlets is £2,391, up 1.8% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Tower Hamlets price of £956,429 with a 25% deposit (£239k), a 2-year fixed mortgage at 3.97% costs around £3,774 per month.
Monthly cost comparison based on current data
Uses E1W avg. price with Tower Hamlets rental data
Monthly mortgage payments (£3,774) are £1,383 more than renting (£2,391). However, buying requires an upfront deposit of £239k — it would take around 23 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
23, JOHN RENNIE WALK E1W 3RN | Flat/Maisonette | £370,000 | 21 Jan 2026 |
FLAT 4, EXECUTION DOCK HOUSE, 80, WAPPING HIGH STREET E1W 2NE | Flat/Maisonette | £2,850,000 | 16 Jan 2026 |
FLAT 12, 74, WAPPING HIGH STREET E1W 2NP | Flat/Maisonette | £215,000 | 7 Jan 2026 |
APARTMENT 604, COUNTER HOUSE, 5, GAUGING SQUARE E1W 2AE | Flat/Maisonette | £1,000,000 | 7 Jan 2026 |
FLAT 138, RIVERSIDE MANSIONS, MILK YARD E1W 3SX | Flat/Maisonette | £530,000 | 7 Jan 2026 |
23, WAVENEY CLOSE E1W 2JL | Terraced | £1,100,000 | 7 Jan 2026 |
FLAT 2, WELSH HOUSE, WAPPING LANE |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in E1W sold for £956,429 in 2026, with a median of £630,000 across 7 transactions. Prices rose 11.6% compared to the previous year.
| Flat/Maisonette |
| £630,000 |
| 7 Jan 2026 |
171, THOMAS MORE STREET E1W 1YD | Flat/Maisonette | £695,000 | 19 Dec 2025 |
FLAT 92, CINNABAR WHARF EAST, 28, WAPPING HIGH STREET E1W 1NG | Flat/Maisonette | £1,385,287 | 19 Dec 2025 |
26, CODLING CLOSE E1W 2UX | Flat/Maisonette | £180,000 | 18 Dec 2025 |
24, EAST SMITHFIELD E1W 1AP | Flat/Maisonette | £305,000 | 18 Dec 2025 |
FLAT 8, 9, REARDON PATH E1W 2AN | Flat/Maisonette | £467,500 | 18 Dec 2025 |
FLAT 1901, 23, GAUGING SQUARE E1W 2AX | Flat/Maisonette | £1,005,000 | 18 Dec 2025 |
FLAT 11, IVORY HOUSE, EAST SMITHFIELD E1W 1AT | Flat/Maisonette | £725,000 | 17 Dec 2025 |
FLAT 52, JACANA COURT, STAR PLACE E1W 1AH | Flat/Maisonette | £825,000 | 4 Dec 2025 |
FLAT 16, LOWDER HOUSE, WAPPING LANE E1W 2RJ | Flat/Maisonette | £407,000 | 3 Dec 2025 |
FLAT 21, FREE TRADE WHARF, 340, THE HIGHWAY E1W 3ES | Flat/Maisonette | £525,000 | 28 Nov 2025 |
6, BRIDGEPORT PLACE E1W 2JS | Flat/Maisonette | £415,000 | 28 Nov 2025 |
FLAT 305, 350, THE HIGHWAY E1W 3HU | Flat/Maisonette | £550,000 | 28 Nov 2025 |
30, PROSPECT PLACE E1W 3TJ | Flat/Maisonette | £740,000 | 28 Nov 2025 |
The most recent recorded sale in E1W was a flat/maisonette property on John Rennie Walk for £370,000 in January 2026. Across the last 20 sales, the median price was £630,000.