Key indicators for buyers
The E3 market is moderately favourable for buyers. Prices are rising at 19.9%, 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 £686,163 with a 25% deposit (£172k), a 2-year fixed mortgage at 3.97% costs around £2,708 per month.
Monthly cost comparison based on current data
Uses E3 avg. price with Tower Hamlets rental data
Monthly mortgage payments (£2,708) are £317 more than renting (£2,391). However, buying requires an upfront deposit of £172k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 15, GARWAY COURT, 1, MATILDA GARDENS E3 2GR | Flat/Maisonette | £432,500 | 27 Jan 2026 |
FLAT 103 STATEN BUILDING, BOW QUARTER, 60, FAIRFIELD ROAD E3 2UA | Flat/Maisonette | £343,000 | 26 Jan 2026 |
FLAT 528, LEXINGTON BUILDING, FAIRFIELD ROAD E3 2UF | Flat/Maisonette | £550,000 | 23 Jan 2026 |
170, BRUCE ROAD E3 3EU | Terraced | £450,000 | 22 Jan 2026 |
FLAT 205, 72, SMEED ROAD E3 2TF | Flat/Maisonette | £425,777 | 16 Jan 2026 |
FLAT 37 PARK WEST BUILDING, BOW QUARTER, 60, FAIRFIELD ROAD E3 2UR | Flat/Maisonette | £458,000 | 16 Jan 2026 |
FLAT 6, DORNOCH HOUSE, ANGLO ROAD |
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 E3 sold for £686,163 in 2026, with a median of £454,000 across 14 transactions. Prices rose 19.9% compared to the previous year.
| Flat/Maisonette |
| £500,000 |
| 14 Jan 2026 |
53, GROVE ROAD E3 4PE | Other | £3,500,000 | 12 Jan 2026 |
FLAT 408, 72, SMEED ROAD E3 2TF | Flat/Maisonette | £701,000 | 9 Jan 2026 |
10A, STROUDLEY WALK E3 3EW | Flat/Maisonette | £325,000 | 9 Jan 2026 |
9, HANOVER PLACE E3 4QD | Flat/Maisonette | £485,000 | 9 Jan 2026 |
88, SPANBY ROAD E3 4EN | Flat/Maisonette | £253,000 | 9 Jan 2026 |
FLAT 1, 42, BELTON WAY E3 4GA | Flat/Maisonette | £353,000 | 5 Jan 2026 |
8, MOSSFORD STREET E3 4TH | Terraced | £830,000 | 5 Jan 2026 |
FLAT 319, OMEGA WORKS, 4, ROACH ROAD E3 2GZ | Flat/Maisonette | £510,000 | 23 Dec 2025 |
FLAT 508, GRENFELL COURT, 18, BARRY BLANDFORD WAY E3 3TU | Flat/Maisonette | £350,000 | 22 Dec 2025 |
FLAT 15, 28, HARSTON WALK E3 3GP | Flat/Maisonette | £128,000 | 19 Dec 2025 |
FLAT 39, MINTON COURT, 105, FAIRFIELD ROAD E3 2ZB | Flat/Maisonette | £429,000 | 19 Dec 2025 |
2E, MORELAND COTTAGES, FAIRFIELD ROAD E3 2QN | Flat/Maisonette | £525,000 | 19 Dec 2025 |
124, FERN STREET E3 3PR | Flat/Maisonette | £405,000 | 19 Dec 2025 |
The most recent recorded sale in E3 was a flat/maisonette property on Matilda Gardens for £432,500 in January 2026. Across the last 20 sales, the median price was £450,000.