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Canary Wharf and the Isle of Dogs house prices,and what they mean.

The median existing home in Canary Wharf and the Isle of Dogs sold for £470,000 over the 12 months to July 2026, down on the year before, and 510 homes sold there in 2025. Canary Wharf is loosely the area north of Marsh Wall, including West India Quay, Wood Wharf and Canary Riverside; the Isle of Dogs lies to the south. Interpretations differ, so these figures cover both. Neighbourhood boundaries are informal: these figures cover the postcode sectors E14 3, E14 4, E14 5, E14 9.

Median sold price
£470,000
Existing homes, including flats
Change on the year
−3.1%
vs the previous 12 months
Homes sold
510
in 2025
Sold above £500,000
43%
England: 19%

By type of home

What each type sells for.

Median sold prices by property type in Canary Wharf and the Isle of Dogs, the 12 months to July 2026
TypeMedianChangeSales
Detached housesToo few salesn/a0
Semi-detached housesToo few salesn/a4
Terraced houses£740,000+9.6%28
Flats and maisonettes£450,000−4.3%333

Check the price range for one type of home. Half of existing homes sold went for between £352,000 and £625,000, and 92% were leasehold. New builds, counted separately: 39% of sales in the 12 months to July 2025, at a median of £793,360.

Price spread

Where sales fall.

  • Under £150k5
  • £150k to £250k11
  • £250k to £350k72
  • £350k to £500k121
  • £500k to £750k103
  • £750k to £1m39
  • £1m+14

Ten years of prices

The median sold price, year by year.

Median sold price in Canary Wharf and the Isle of Dogs from 2016 (£485,000) to 2025 (£482,500)
Calendar years. Five-year change (2020 to 2025): +2.7%.

How it compares

Against the wider area.

  • Canary Wharf and the Isle of Dogs£470,000
  • Tower Hamlets£460,000
  • England£295,000

Busiest months

  1. January: 8% of sales
  2. February: 7% of sales
  3. March: 9% of sales
  4. April: 6% of sales
  5. May: 7% of sales
  6. June: 9% of sales
  7. July: 9% of sales
  8. August: 10% of sales
  9. September: 11% of sales
  10. October: 10% of sales
  11. November: 8% of sales
  12. December: 7% of sales

Share of completed sales by month, 2022 to 2025. The three busiest months are highlighted.

What the numbers mean

Reading the Canary Wharf and the Isle of Dogs market, from both sides.

Figures tell you what has happened. What they mean for one home, and one decision, depends on the details.

If you are selling

Prices have eased

The median sold price in Canary Wharf and the Isle of Dogs is 3.1% lower than in the previous 12 months. When prices are softening, buyers compare more and negotiate harder, so the price a home launches at carries more weight than it does in a rising market.

Buyers with more at stake

With about one in 2 sales above £500,000, many buyers in Canary Wharf and the Isle of Dogs are borrowing large sums. Their lender's valuer has to agree with the price, so an asking price that runs ahead of local comparable sales can unravel weeks after an offer is accepted.

Why down-valuations happen

New homes in the mix

39% of sales in Canary Wharf and the Isle of Dogs were new builds in the 12 months to July 2025, at a median of £793,360. Resale homes compete with developers' incentives, and new-build prices often include a premium that does not carry through to the first resale.

Fewer sales

510 homes sold in Canary Wharf and the Isle of Dogs in 2025, and sales of existing homes were 11% lower than in 2024. Fewer sales usually means buyers are taking longer to commit, which makes the first few weeks of a sale more important.

Choose the agent you like. Make sure you like the deal too.

Most sellers instruct the agent they feel most comfortable with. Before you sign, Jon can check the asking price, the fees and the contract terms are as good as the relationship. Read choosing an estate agent: valuations, fees and the contract.

Tell Jon about your sale

If you are buying

More room to negotiate

With the median price 3.1% below the previous year, sellers in Canary Wharf and the Isle of Dogs are meeting a more cautious market. That can create room to negotiate, but a lower price is only a good buy if the home stands up to a survey and the lender's valuation.

A higher-value market

About one in 2 sales in Canary Wharf and the Isle of Dogs is above £500,000, compared with 19% across England. At these prices a down-valuation or a survey issue moves the numbers by tens of thousands of pounds, which is when an independent view is worth having.

Down-valuations explained

Plenty of leasehold

92% of homes sold in Canary Wharf and the Isle of Dogs were leasehold, mostly flats. Lease length, service charges and ground rent all affect value and whether a lender will lend, so they deserve attention before an offer, not after.

A quieter market

Sales of existing homes in Canary Wharf and the Isle of Dogs fell by 11% between 2024 and 2025. A quieter market gives buyers more time and more choice, but it also means fewer recent comparable sales for a lender's valuer to rely on.

Thinking of buying or selling in Canary Wharf and the Isle of Dogs? Jon Pulman has spent his career in English estate agency. Tell him about your situation and he will tell you honestly whether a consultation would help.

Tell Jon about your situation

Local knowledge

What Jon knows about these streets.

From Jon's years in London estate agency and branch management from 2000 onwards.

Canary Wharf, the Isle of Dogs and Docklands (E14)

E14

E14 is a flat market first and foremost. Much of it was built from the 1980s onwards: low-rise Docklands-era developments around the old docks, then wave after wave of high-rise towers, with more still coming. Buyers are often professionals working at Canary Wharf or in the City, drawn by the Jubilee line, the DLR and now the Elizabeth line.

Because so much new stock arrives, a resale flat is usually competing with a developer offering incentives, and that caps what a buyer will pay. Within a building, floor level, aspect and river or dock views make a real difference to price.

The checks that matter most are leasehold ones: service charges in towers can be substantial, ground rent and lease terms vary, and since Grenfell some buildings have needed cladding or fire-safety work, and lenders often ask for an EWS1 form before they will lend on a flat in a taller building. Whether one exists, and what it says, can decide whether a sale goes through. A flat that looks good value can be cheap for a reason, and the paperwork usually tells you why.

Jon's notes describe the character of an area and what tends to drive value there. The figures above show what the market is doing now.

Questions

Canary Wharf and the Isle of Dogs house prices: common questions.

What is the average house price in Canary Wharf and the Isle of Dogs?

The median sold price of an existing (second-hand) home in Canary Wharf and the Isle of Dogs over the 12 months to July 2026 was £470,000, based on 365 sales registered with HM Land Registry so far. Half of them went for between £352,000 and £625,000. New builds are counted separately, because they take much longer to be registered.

Are house prices in Canary Wharf and the Isle of Dogs going up or down?

The median sold price in Canary Wharf and the Isle of Dogs is −3.1% compared with the previous 12 months. Over five years (2020 to 2025), the median has changed by +2.7%. Averages move with the mix of homes sold, so a change of a few per cent can reflect which homes happened to sell as much as a change in values.

How much does a house cost in Canary Wharf and the Isle of Dogs?

Median sold prices in Canary Wharf and the Isle of Dogs over the 12 months to July 2026: terraced houses £740,000; flats and maisonettes £450,000.

How many homes sell in Canary Wharf and the Isle of Dogs each year?

510 homes sold in Canary Wharf and the Isle of Dogs in 2025, and sales of existing homes were −11% on 2024. These are standard open-market sales at full price; repossessions, sales to companies and buy-to-let purchases that Land Registry can identify are excluded.

Why might a home in Canary Wharf and the Isle of Dogs sell for more or less than these figures?

These are medians across every home sold, so they mix flats with large detached houses and plain homes with exceptional ones. A single home's value depends on what comparable homes nearby have sold for, its condition and the market at the time. Sales also take weeks or months to appear in Land Registry records (new builds up to a year), so the latest months are still filling in.

Nearby

Other neighbourhoods in Tower Hamlets.