Last year most property sales in East London involved flats which sold for on average £406,346. Terraced properties sold for an average price of £459,132, while semi-detached properties fetched £505,572.
East London, with an overall average price of £431,123 was cheaper than nearby North East London (£474,623), South East London (£492,863) and Central London (£1,445,465). The priciest area within East London was Tower Hamlets (£517,368) and the least expensive was Barking And Dagenham (£281,138).
During the last year, sold prices in East London were 11% up on the previous year and 39% up on 2013 when the average house price was £311,106.