Last year most property sales in East London involved flats which sold for on average £346,216. Terraced properties sold for an average price of £357,380, while semi-detached properties fetched £411,750.
East London, with an overall average price of £353,968 was cheaper than nearby North East London (£384,776), South East London (£400,485) and Central London (£1,405,207). The priciest area within East London was Tower Hamlets (£442,613) and the least expensive was Barking And Dagenham (£214,515).
During the last year, sold prices in East London were 14% up on the previous year and 27% up on 2011 when the average house price was £279,059.