— ACRERIGHT AREA REPORT · NEIGHBOURHOOD
Home › Tower Hamlets › Manchester Estate · neighbourhood
8,306 people · median £450,000 · Tower Hamlets
Good for schools
Tower Hamlets Council · Aspire (directly-elected mayor) 33/45 seats · 73% · OCD 2026
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What does it cost? This neighbourhood
dearestcheapest
£450,000 median 8th cheapest of 21 neighbourhoods
among 21 neighbourhoods in Tower Hamlets
A typical home here sells for £450,000, down 11.8% over five years. That's about 7.5× local earnings — around the 9.1× five-year average.
Sold price history
2026 · 30 sales
Median sold price · 12 months to May 2026£450,000
5-year change-11.8%
Full history since 1995
HM Land Registry Price Paid
By property type
Typical home price compared with annual local pay7.5× · five-year average 9.1×
HM Land Registry, 12 months
Resold at a loss from Tower Hamlets24.3%
Of the homes across Tower Hamlets that sold again within five years, 24.3% went for less than the owner paid. Lower is better. Worse than London (18.4%).
By property type
Flats24.3%
New-build vs second-hand
Bought new31.6%
Bought second-hand19.9%
Overall
Typical resale gain+14.9% · ~9.1-yr hold
Same home sold twice within five years (6,940 resale pairs) across Tower Hamlets — the finest grain we hold repeat-sale outcomes at · HM Land Registry · cash terms, not inflation-adjusted
Home ownership31%
Households owning their home · ONS Census 2021
Council tax£1,838
London Borough of Tower Hamlets£1,327
Greater London Authority£511
Council tax bands A–H
Band A£1,225
Band B£1,429
Band C£1,634
Band D (baseline)£1,838
Band E£2,246
Band F£2,655
Band G£3,063
Band H£3,676
Full-year charge for every band, derived from Band D at the statutory ratios (A = 6/9 of Band D … H = 18/9). MHCLG 2026/27.
Pick your band — the breakdown recalculates · MHCLG 2026/27 · hand-curated each April
£4,963 per square metre
What this means ▾
The sold price divided by the home's recorded floor area, which makes differently-sized homes easier to compare. The median across districts Acreright covers is £3,803.
HM Land Registry + EPC floor areas
Prices by street in Manchester Estate 51 streets — this neighbourhood, broken down
| Street | Median price | Sales | 5-year change |
|---|---|---|---|
| Millennium Drive | £225,000 | 551 | -9.7% |
| Manchester Road | £190,000 | 353 | -1.3% |
| Schooner Close | £192,500 | 260 | +4.2% |
| Transom Square | £164,000 | 174 | -9.5% |
| Lockesfield Place | £249,000 | 147 | +12% |
| Saunders Ness Road | £285,000 | 140 | +10.2% |
| Cumberland Mills Square | £302,500 | 138 | — |
| Rembrandt Close | £245,000 | 137 | — |
Median & 5-year change use residential sales only (category-A, type D/S/T/F); the 5-year change compares the last 24 months vs the 24 months five years earlier. Each street’s sales recorded inside this area since 1995 — click a street → its full sold-price page · HM Land Registry Price Paid
Neighbourhood prices in Tower Hamlets how Manchester Estate compares · from Tower Hamlets
⌃ Fastest 5-yr growth: East Smithfield +27.5%
| Neighbourhood | Median price | 5-year change | Sales, 12m |
|---|---|---|---|
| East Smithfield | £806,300 | +27.5% | 324 |
| Canary Wharf | £635,000 | +14.9% | 270 |
| Bethnal Green | £500,000 | +11.6% | 288 |
| Globe Town | £475,000 | +6.1% | 232 |
| Hughesfield Estate | £485,000 | +5.3% | 94 |
Sorted by 5-year change — click a row → the map flies there; click the name → its full report · HM Land Registry, 12 months
Homes in Manchester Estate — sold prices
Filters
| Address | Type | Beds | EPC | Price | Date |
|---|---|---|---|---|---|
| 16, Caledonian Wharf | Terraced | 4+ | C | £706,000 | Aug 2026 |
| 34 Manchester Grove | Semi-detached | 3 | D | £640,000 | Aug 2026 |
| Flat 12 5 Millennium Drive | Flat | 3 | B | £415,000 | Aug 2026 |
| 93 Caledonian Wharf | Flat | 1 | C | £294,000 | Aug 2026 |
| Flat 3 Lyndhurst Lodge 2, Millennium Drive | Flat | 2 | C | £380,000 | Jul 2026 |
| Flat B 1 Felstead Gardens | Flat | — | — | £390,000 | Jul 2026 |
| 16, Leerdam Drive | Flat | 1 | C | £330,000 | Jul 2026 |
| 28 Schooner Close | Flat | 3 | C | £467,500 | Jun 2026 |
| 13 Cumberland Mills Square | Flat | 1 | C | £220,000 | Jun 2026 |
| Flat 104 4a, Saunders Ness Road | Flat | 3 | B | £750,000 | May 2026 |
118 sales in 12 months — showing 10 · Search & browse every home →
Type a street, address or postcode to narrow this list; clear to see the latest sales. Click any home → its full report (sale history, EPC, estimate). Beds inferred from floor area · HM Land Registry + EPC
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