Pay vs Place

Hounslow vs Tower Hamlets: buying or renting a home

A typical terraced house costs £307,250 (59%) more in Tower Hamlets than in Hounslow. Measured against local pay, buying is harder in Tower Hamlets: it takes 16.0× median annual pay, against 12.8× in Hounslow.

Hounslow, terraced
£525,000
Income typically needed: £105,000
Median full-time pay: £40,870
Tower Hamlets, terraced
£832,250
Income typically needed: £166,500
Median full-time pay: £52,000

At a glance

Hounslow Tower Hamlets
Buying a home Very expensive Expensive
Renting a home Very expensive Very expensive
Recorded crime About average Above average

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Tower Hamlets (£52,000) is 27% higher than in Hounslow (£40,870), while a typical terraced house costs 59% more (£832,250 against £525,000). Set against local pay, Hounslow is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 12.8× annual pay in Hounslow and 16.0× in Tower Hamlets. Renting one takes 65% of pay in Hounslow and 63% in Tower Hamlets. Buying is harder in Tower Hamlets; renting is about the same.

Across all property types and measured against pay, Hounslow is the 22nd most expensive of 316 areas to buy in, and Tower Hamlets is the 92nd most expensive of 316 areas. For renting against pay, Hounslow is the 13th most expensive of 316 areas and Tower Hamlets is the 15th most expensive of 316 areas.

Someone on £40,000 in Hounslow would need about £63,500 in Tower Hamlets to be equally placed to buy a terraced house, and about £49,500 to be equally placed to rent one. Keeping the same pay after a move to Tower Hamlets would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 87.4 crimes per 1,000 residents in Hounslow and 106.6 in Tower Hamlets, so recorded crime per resident is 22% higher in Tower Hamlets. The biggest difference is in sexual offences: 2.6 per 1,000 in Hounslow against 3.7 in Tower Hamlets.

Can a typical earner buy?

Terraced house Hounslow Tower Hamlets
Median full-time pay £40,870 £52,000
House price ÷ pay 12.8× 16.0×
Median pay as a share of income typically needed to buy 39% 31%
Rent a year as a share of median pay 65% 63%

Buying, by property type

Type Hounslow Tower Hamlets Difference
Terraced £525,000 £832,250 +59% in Tower Hamlets
Flat £345,000 £444,500 +29% in Tower Hamlets

Renting, by property type

Type (average rent a month) Hounslow Tower Hamlets Difference
Terraced £2,220 £2,735 +23% in Tower Hamlets
Flat £1,800 £2,284 +27% in Tower Hamlets

Crime

Police recorded 87.4 crimes per 1,000 residents in Hounslow and 106.6 in Tower Hamlets, so recorded crime per resident is 22% higher in Tower Hamlets.

Police recorded crime per 1,000 residents Hounslow Tower Hamlets Difference
All recorded crime (excluding fraud) 87.4 106.6 +22% in Tower Hamlets
Violence against the person 29.3 31.3 +7% in Tower Hamlets
Sexual offences 2.6 3.7 +40% in Tower Hamlets
Robbery 2.1 3.8 +78% in Tower Hamlets
Residential burglary (per 1,000 households) 9.8 10.9 +12% in Tower Hamlets
Vehicle offences 8.8 7.2 -19% in Tower Hamlets
Theft from the person 2.9 7.6 +168% in Tower Hamlets
Criminal damage and arson 6.3 5.8 -8% in Tower Hamlets

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Hounslow: 205Tower Hamlets: 191
House prices in Hounslow and Tower Hamlets since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Hounslow now 205, Tower Hamlets now 191.10015020025020052010201520202025House prices in Hounslow and Tower Hamlets since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Hounslow now 205, Tower Hamlets now 191.10015020025020102020
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YearHounslowTower Hamlets
2005100100
2006106108
2007117127
2008118132
2009106114
2010115125
2011119127
2012120127
2013130137
2014146169
2015158187
2016173203
2017180204
2018178198
2019180194
2020185207
2021189220
2022200220
2023204204
2024205205
2025206206
12 months to July 2026205191

In 2005 the average home cost £253,195 in Hounslow and £247,681 in Tower Hamlets. Now it is £518,913 and £474,233: Hounslow is up 105% and Tower Hamlets is up 91%. Prices have risen faster in Hounslow, so the gap between the two has widened.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Hounslow: 12.8 years of payTower Hamlets: 9.8 years of pay
Years of median pay needed to buy the average home in Hounslow and Tower HamletsHounslow now 12.8, Tower Hamlets now 9.8 years of pay.0×5×10×15×20052010201520202025Years of median pay needed to buy the average home in Hounslow and Tower HamletsHounslow now 12.8, Tower Hamlets now 9.8 years of pay.0×5×10×15×20052010201520202025
Show the figures
YearHounslowTower Hamlets
20059.7 years of pay–
201010.1 years of pay9.0 years of pay
201513.6 years of pay13.4 years of pay
202013.5 years of pay12.3 years of pay
202512.8 years of pay9.8 years of pay

In 2010 a home cost 10.1 years of pay in Hounslow and 9.0 years in Tower Hamlets. In 2025 it was 12.8 years and 9.8 years.

Affordability has worsened more in Hounslow over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Hounslow: 148Tower Hamlets: 142
Rents in Hounslow and Tower Hamlets since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Hounslow now 148, Tower Hamlets now 142.80100120140160201620182020202220242026Rents in Hounslow and Tower Hamlets since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Hounslow now 148, Tower Hamlets now 142.80100120140160201520202025
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YearHounslowTower Hamlets
2015100100
2016109106
2017106109
201899108
2019101109
2020102110
2021101104
2022107103
2023117117
2024131130
2025142137
August 2026148142

In 2015 the average rent was £1,323 a month in Hounslow and £1,729 in Tower Hamlets. Now it is £1,952 and £2,453: up 48% in Hounslow and up 42% in Tower Hamlets. Rents have risen faster in Hounslow.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Hounslow to Tower Hamlets

Earning in Hounslow Equivalent to buy in Tower Hamlets Equivalent to rent in Tower Hamlets
£30,000 £47,500 £37,000
£40,000 £63,500 £49,500
£50,000 £79,500 £61,500
£60,000 £95,000 £74,000

Moving from Tower Hamlets to Hounslow

Earning in Tower Hamlets Equivalent to buy in Hounslow Equivalent to rent in Hounslow
£30,000 £19,000 £24,500
£40,000 £25,000 £32,500
£50,000 £31,500 £40,500
£60,000 £38,000 £48,500
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Hounslow figures · All Tower Hamlets figures