Figures from the Office of National Statistics (ONS), looking at the period 2007-2020, show that average house prices in Tower Hamlets increased 46% while median income only grew by 19%.
The median salary of a tax-paying individual in Tower Hamlets is £31,100.
Borough-level statistics from 2019 show that the median household income in Tower Hamlets stands at £30,760.
The average price of a home in Tower Hamlets is £455,331 and the average deposit is £67,866. Buying an average-priced home, with a 5% deposit, would require a household income of £100,000.