Last year most property sales in East London involved flats which sold for on average £425,322. Terraced properties sold for an average price of £474,720, while semi-detached properties fetched £512,781.
East London, with an overall average price of £446,792 was cheaper than nearby North East London (£485,729), South East London (£502,338) and Central London (£1,599,343). The priciest area within East London was Tower Hamlets (£529,729) and the least expensive was Barking And Dagenham (£298,092).
During the last year, sold prices in East London were 9% up on the previous year and 25% up on 2014 when the average house price was £356,408.