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Tower Hamlets Area Guide

Explore London Borough by Borough 2025 Contact Us

Tower Hamlets Area Guide

The Location

The East London borough of Tower Hamlets runs along the river Thames with the City to the West, and Greenwich to the South. Covering much of the traditional East End, the borough is popular with both City and Canary Wharf workers. This is an area of variety and contrasts – from the shiny high rises and prestigious business hub of Canary Wharf to Brick Lane’s quirky coffee shops, vintage pop-ups and characterful eateries.

Housing Market

Average house price

£510k

Average growth per year

3.6%

London average house price

£549k

London average house price growth per year

4.5%

Source: Office for National Statistics
Note: The average house price as of December 2024.

Average monthly rent

£2,340

Average growth per year

3.0%

London average rent

£2,227

London average rental growth per year

3.1%

Source: Office for National Statistics
Note: The average local authority rental price as of January 2025.

household-delivery

Housing delivery

-2,561

Ten-year housing target

34,730

Three-year housing target

10,419

Total net additions since 2021

7,858

Source: CBRE Research, London Plan 2021, Ministry of Housing, Communities and Local Government
Note: Based on how many homes have been built to date relative to the borough's target in the London Plan.

Demographics

population-growth

Projected population growth

11%

London average

3%

Source: Experian
Note: The projected ten-year population growth.

household-growth

Projected household growth

16%

London average

6%

Source: Experian
Note: The projected ten-year growth of the number of households.

private-renters

Proportion of private renters

38%

London average

20%

Source: Experian
Note: The proportion of private rented households per local authority.

Lifestyle & Sustainability

Proportion of outstanding schools

35%

London average

29%

Source: Ofsted
Note: The proportion of total schools rated ‘Outstanding’ in each borough.

Green space

25%

London average

45%

Source: Greater London Authority (GLA)
Note: The proportion of green space by borough.

Sustainable homes

79%

London average

53%

Source: CBRE Research, Ministry of Housing, Communities, and Local Government (MHCLG)
Note: The proportion of homes that are rated EPC C or above.

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Living in Tower Hamlets

Tower Hamlets is hugely diverse and, with the largest population under 40 of all the London boroughs and more than half of the population from an ethnic minority background, there is no shortage of energy and culture in this vibrant area.

Head to the famous Colombia Road to see the colourful displays of the flower market, or venture south to Spitalfields Market for antiques and vintage one-of-a-kind pieces. Home to much of the redeveloped Docklands and Canary Wharf on the Isle of Dogs, Tower Hamlets' high-end apartments are slowly being joined by more affordable housing and creating more close-knit communities. Regeneration in Tower Hamlets continues apace with ever-increasing targeted investment to further enhance this thriving London borough.

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London's cityscape from above, with the River Thames winding through the heart of the city.

London Borough by Borough 2025

Welcome to our London Borough by Borough report, providing an in-depth analysis of every London borough's performance across key housing market indicators.

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