Local market reports › EC area › EC3N
Tower Hill market report EC3N, London
The standing EC3N (Tower Hill) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 380 completed sales registered with HM Land Registry in EC3N (London) since 1996, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to February 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 5 registered 2026 sales put the EC3N (London) median at £490,000, down 16% on five years earlier, with a mean of £526,500, and by floor area homes here have averaged about £13,900 per square metre over the last five years. Everything rests on 380 completed HM Land Registry sales since 1996, refreshed monthly; valuations and asking prices play no part.
The postcode district EC3N covering Tower Hill, Tower of London sits in London. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where EC3N sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in EC3N sells for
Across 5 registered 2026 sales, the typical (median) EC3N home went for £490,000. The mean is £526,500, a little above it, the familiar pattern where pricier homes stretch the average.
Price per square metre in EC3N
A square metre of EC3N home has cost about £13,900 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
Set against the £285,000 England and Wales median, EC3N sits 72% above the national market.
EC3N's median sold price, 1996 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £490,000 | £490,000 | 5 |
| 2025 | £770,000 | £788,413 | 11 |
| 2024 | £791,400 | £841,421 | 62 |
| 2023 | £720,000 | £791,104 | 1 |
| 2022 | £725,000 | £850,145 | 5 |
| 2021 | £580,000 | £734,355 | 4 |
| 2020 | £685,000 | £888,802 | 2 |
| 2019 | £335,000 | £439,105 | 1 |
| 2018 | £795,500 | £1,060,417 | 4 |
| 2017 | £576,000 | £785,606 | 6 |
| 2016 | £680,000 | £951,327 | 3 |
| 2015 | £595,000 | £840,735 | 3 |
| 2014 | £560,000 | £794,458 | 5 |
| 2013 | £587,500 | £845,354 | 10 |
| 2012 | £420,000 | £618,188 | 17 |
| 2011 | £352,500 | £532,139 | 13 |
| 2010 | £410,000 | £642,986 | 9 |
| 2009 | £485,000 | £779,642 | 6 |
| 2008 | £322,000 | £527,826 | 3 |
| 2007 | £387,500 | £657,308 | 16 |
| 2006 | £335,000 | £581,517 | 21 |
| 2005 | £335,000 | £596,165 | 14 |
| 2004 | £290,500 | £527,605 | 2 |
| 2003 | £326,000 | £600,571 | 70 |
| 2002 | £322,000 | £605,840 | 31 |
| 2001 | £360,000 | £692,082 | 4 |
| 2000 | £330,000 | £647,625 | 10 |
| 1999 | £250,000 | £498,237 | 23 |
| 1998 | £218,000 | £440,049 | 11 |
| 1997 | £155,000 | £317,874 | 7 |
| 1996 | £150,000 | £316,343 | 1 |
In cash terms the typical EC3N home went from £150,000 in 1996 to £490,000 in 2026, roughly 3.3 times the price. Even after inflation that is a real rise of about 55%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2018. The market now sits about 54% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the EC3N median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2020 (+104.5% on the year before); the weakest, 2019 (−57.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −36.4% | −37.8% |
| 5 years (since 2021) | −3.3% | −7.8% |
| 10 years (since 2016) | −3.2% | −6.4% |
| 20 years (since 2006) | +1.9% | −0.9% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The monthly pulse, last five years
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
EC3N recorded 20 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 17 sales a year recently, against 21 a year before 2008. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The rental side of EC3N
EC3N falls under Westminster, where the ONS puts the average private rent at £3,163 a month (May 2026 figures). Size sets most of the rent: one-beds average £2,517 a month here against £5,378 for four or more bedrooms.
Average monthly rent by size, Westminster
ONS Price Index of Private Rents, May 2026.
£3,163 a month is £37,956 a year, which against the £490,000 median sold price makes a gross yield of 7.7%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What kind of market EC3N is
This is a thin market: 20 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. In its area's price order EC3N comes 16 of 17, towards the cheaper end of the table.
What people ask about EC3N (Tower Hill)
Are property prices falling in EC3N (Tower Hill)?
Is EC3N (Tower Hill) a good place to buy a house?
How much did a house sell for in EC3N (Tower Hill)?
Will EC3N prices rise from here?
The record answers a different question than "what happens next": the median is down 16% over five years in cash but down 33% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
On the market in EC3N today
Everything above is what homes in EC3N sold for. The live side of the market holds 5 homes at the moment, listed by 2 agents publishing to HomesIndex, at a typical asking price 2% above the EC3N median sold price.
80% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every EC3N home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in EC
What homes of each size actually sold for across the EC area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Flat | £560,050 | £825,000 (+47%) | £1,310,000 (+59%) | £1,882,500 (+44%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
EC3N ranks 11 of 17 in the EC area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the EC area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside EC3N, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| EC3N 1 | £1,350,000 | 5 |
| EC3N 2 | £490,000 | 5 |
How EC3N compares nearby
Same city, different markets. The neighbouring districts of the EC area, dearest first:
| District | Median | 5-year |
|---|---|---|
| EC2M | £2,084,000 | +75% |
| EC3A | £1,500,000 | +19% |
| EC4V | £890,000 | +27% |
| EC4Y | £846,500 | -3% |
| EC2Y | £784,100 | -3% |
| EC1M | £730,000 | -9% |
| EC1V | £695,000 | -20% |
| EC3R | £680,000 | -89% |
| EC1Y | £670,000 | -14% |
| EC4A | £665,000 | -19% |
| EC4R | £625,000 | -5% |
| EC1N | £615,000 | +11% |
| EC1R | £590,000 | -26% |
| EC4M | £550,000 | -8% |
| EC1A | £541,200 | -29% |
| EC3N (this report) | £490,000 | -16% |
| EC2A | £465,000 | -51% |
Thinking of selling in EC3N? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in EC3N, use the average prices map for a rough value: zoom from EC3N's shading down to the sold homes on your own street. The figures above are every recorded EC3N sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim EC3N.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about EC3N. Free, with a one click sign in.
The live map plots every individual EC3N sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.