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EC3N local market report London

Every figure on this page comes from the public record: 502 sales registered with HM Land Registry in EC3N (London) since 1997, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to February 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

EC3N is the postcode district covering Tower Hill, Tower of London in London. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where EC3N sits

Click the map to open EC3N on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

EC3MEC3REC2NEC3VEC2MEC2REC4REC4NE1WEC2VEC2YE1EC4MEC4VEC3N
£520,000median sold price, 2026
-29%five-year change (cash)
105sales in the last 12 months
7.3%gross rental yield (est.)

What a home in EC3N sells for

The 2026 median in EC3N is £520,000, from 5 registered sales; the mean, £5,881,000, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so EC3N trades 90% above the country as a whole.

The price of a typical EC3N home, 1997 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£12.5M£25M£37.5M£50M200020052010201520202026 1997: £155,000 at the time · £310,450 in today's money · 7 sales1998: £218,000 at the time · £429,771 in today's money · 11 sales1999: £250,000 at the time · £486,601 in today's money · 23 sales2000: £330,000 at the time · £632,500 in today's money · 10 sales2002: £322,000 at the time · £591,691 in today's money · 31 sales2003: £326,000 at the time · £586,545 in today's money · 70 sales2005: £335,000 at the time · £582,242 in today's money · 14 sales2006: £335,000 at the time · £567,936 in today's money · 21 sales2007: £387,500 at the time · £641,957 in today's money · 16 sales2009: £485,000 at the time · £761,433 in today's money · 6 sales2010: £410,000 at the time · £627,969 in today's money · 9 sales2011: £352,500 at the time · £519,712 in today's money · 13 sales2012: £420,000 at the time · £603,750 in today's money · 17 sales2013: £587,500 at the time · £825,611 in today's money · 10 sales2014: £580,000 at the time · £803,614 in today's money · 13 sales2015: £650,000 at the time · £897,000 in today's money · 11 sales2016: £2,405,000 at the time · £3,286,040 in today's money · 11 sales2017: £752,500 at the time · £1,002,365 in today's money · 14 sales2018: £835,000 at the time · £1,087,075 in today's money · 9 sales2019: £27,630,900 at the time · £35,371,653 in today's money · 15 sales2020: £840,000 at the time · £1,064,463 in today's money · 5 sales2021: £732,500 at the time · £905,780 in today's money · 9 sales2022: £2,298,000 at the time · £2,631,734 in today's money · 16 sales2023: £984,200 at the time · £1,056,140 in today's money · 18 sales2024: £922,500 at the time · £957,901 in today's money · 92 sales2025: £860,000 at the time · £860,000 in today's money · 16 sales2026: £520,000 at the time · £520,000 in today's money · 5 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£520,000£520,0005
2025£860,000£860,00016
2024£922,500£957,90192
2023£984,200£1,056,14018
2022£2,298,000£2,631,73416
2021£732,500£905,7809
2020£840,000£1,064,4635
2019£27,630,900£35,371,65315
2018£835,000£1,087,0759
2017£752,500£1,002,36514
2016£2,405,000£3,286,04011
2015£650,000£897,00011
2014£580,000£803,61413
2013£587,500£825,61110
2012£420,000£603,75017
2011£352,500£519,71213
2010£410,000£627,9699
2009£485,000£761,4336
2007£387,500£641,95716
2006£335,000£567,93621
2005£335,000£582,24214
2003£326,000£586,54570
2002£322,000£591,69131
2000£330,000£632,50010
1999£250,000£486,60123
1998£218,000£429,77111
1997£155,000£310,4507

In cash terms the typical EC3N home went from £155,000 in 1997 to £520,000 in 2026, roughly 3.4 times the price. Even after inflation that is a real rise of about 67%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2019; the current median sits about 99% below that. Someone who bought at the 2019 peak has not yet seen that price back in real terms.

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.

+5000% -5000% 0% 1998 · +40.6% on the year before1999 · +14.7% on the year before2000 · +32.0% on the year before2003 · +1.2% on the year before2006 · +0.0% on the year before2007 · +15.7% on the year before2010 · −15.5% on the year before2011 · −14.0% on the year before2012 · +19.1% on the year before2013 · +39.9% on the year before2014 · −1.3% on the year before2015 · +12.1% on the year before2016 · +270.0% on the year before2017 · −68.7% on the year before2018 · +11.0% on the year before2019 · +3209.1% on the year before2020 · −97.0% on the year before2021 · −12.8% on the year before2022 · +213.7% on the year before2023 · −57.2% on the year before2024 · −6.3% on the year before2025 · −6.8% on the year before2026 · −39.5% on the year before20002010201520202026

The strongest year on record here is 2019 (+3209.1% on the year before); the weakest, 2020 (−97.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−39.5%−39.5%
5 years (since 2021)−6.6%−10.5%
10 years (since 2016)−14.2%−16.8%
20 years (since 2006)+2.2%−0.4%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

50100 1997: 7 sales1998: 11 sales1999: 23 sales2000: 10 sales2002: 31 sales2003: 70 sales2005: 14 sales2006: 21 sales2007: 16 sales2009: 6 sales2010: 9 sales2011: 13 sales2012: 17 sales2013: 10 sales2014: 13 sales2015: 11 sales2016: 11 sales2017: 14 sales2018: 9 sales2019: 15 sales2020: 5 sales2021: 9 sales2022: 16 sales2023: 18 sales2024: 92 sales2025: 16 sales2026: 5 sales200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

2550 March 1997 · 3 sales registeredMay 1997 · 3 sales registeredOctober 1998 · 3 sales registeredDecember 1998 · 3 sales registeredJanuary 1999 · 4 sales registeredFebruary 1999 · 9 sales registeredAugust 1999 · 6 sales registeredNovember 2002 · 13 sales registeredDecember 2002 · 15 sales registeredJanuary 2003 · 17 sales registeredFebruary 2003 · 5 sales registeredMarch 2003 · 11 sales registeredApril 2003 · 5 sales registeredMay 2003 · 7 sales registeredJune 2003 · 4 sales registeredAugust 2003 · 5 sales registeredSeptember 2003 · 9 sales registeredSeptember 2005 · 3 sales registeredDecember 2005 · 5 sales registeredJanuary 2006 · 5 sales registeredFebruary 2006 · 3 sales registeredNovember 2006 · 3 sales registeredAugust 2007 · 3 sales registeredNovember 2007 · 3 sales registeredMarch 2010 · 4 sales registeredJune 2011 · 4 sales registeredJune 2012 · 4 sales registeredAugust 2013 · 3 sales registeredJanuary 2014 · 3 sales registeredApril 2015 · 6 sales registeredAugust 2016 · 3 sales registeredMarch 2019 · 3 sales registeredJuly 2019 · 6 sales registeredJune 2021 · 3 sales registeredJuly 2022 · 4 sales registeredAugust 2023 · 6 sales registeredSeptember 2023 · 3 sales registeredDecember 2023 · 3 sales registeredFebruary 2024 · 31 sales registeredMarch 2024 · 14 sales registeredApril 2024 · 5 sales registeredJuly 2024 · 19 sales registeredAugust 2024 · 3 sales registeredSeptember 2024 · 3 sales registeredNovember 2024 · 10 sales registeredFebruary 2025 · 4 sales registeredFebruary 2026 · 4 sales registered

EC3N recorded 105 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 29 sales a year recently, against 27 a year before 2008. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around EC3N

EC3N falls under Westminster, where the ONS puts the average private rent at £3,163 a month (May 2026 figures). A one-bed averages £2,517 a month here and a four-or-more-bed £5,378, so size does most of the work in setting the rent.

Average monthly rent by size, Westminster

ONS Price Index of Private Rents, May 2026.

1 bed: £2,517 a month£2,5171 bed2 bed: £3,268 a month£3,2682 bed3 bed: £3,849 a month£3,8493 bed4+ bed: £5,378 a month£5,3784+ bed

Set against the £520,000 median sold price, £3,163 a month is £37,956 a year, a gross yield of 7.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will EC3N prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 29% over five years in cash but down 43% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

EC3N ranks 14 of 21 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.

Five-year change in the median, EC area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

EC2VEC2V · +715% over five years · median £10,655,000+715%EC3VEC3V · +503% over five years · median £18,650,000+503%EC4MEC4M · +394% over five years · median £592,500+394%EC3AEC3A · +283% over five years · median £1,914,900+283%EC2MEC2M · +176% over five years · median £3,377,500+176%EC3NEC3N · −29% over five years · median £520,000−29%EC1NEC1N · −40% over five years · median £552,100−40%EC2AEC2A · −51% over five years · median £465,000−51%EC1AEC1A · −55% over five years · median £665,000−55%EC2REC2R · −72% over five years · median £1,850,000−72%EC4REC4R · −74% over five years · median £547,500−74%

Inside EC3N, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
EC3N 1£770,0007
EC3N 2£575,0005

How EC3N compares nearby

Same city, different markets. The neighbouring districts of the EC area, dearest first:

DistrictMedian5-year
EC4N£91,500,000+1104%
EC3V£18,650,000+503%
EC2V£10,655,000+715%
EC3M£4,028,100-28%
EC2M£3,377,500+176%
EC3A£1,914,900+283%
EC2R£1,850,000-72%
EC3R£1,300,000+159%
EC4Y£765,000-37%
EC1V£745,000-17%
EC1A£665,000-55%
EC2Y£665,000-17%
EC1M£660,000-27%
EC4V£637,500-32%
EC1Y£615,000-23%
EC1R£595,000-25%
EC4M£592,500+394%
EC1N£552,100-40%
EC4R£547,500-74%
EC4A£537,500+6%
EC3N (this report)£520,000-29%
EC2A£465,000-51%

Dig further

See every individual EC3N sale on the live map, mapped to the exact address, or the quick-reference EC3N price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.