Last year most property sales in East London involved flats which sold for on average £353,742. Terraced properties sold for an average price of £403,036, while semi-detached properties fetched £448,299.
East London, with an overall average price of £377,769 was cheaper than nearby North East London (£419,677), South East London (£441,175) and Central London (£1,353,719). The priciest area within East London was Tower Hamlets (£463,191) and the least expensive was Barking And Dagenham (£234,546).
During the last year, sold prices in East London were 8% up on the previous year and 30% up on 2012 when the average house price was £291,030.