Last year most property sales in East London involved flats which sold for on average £389,097. Terraced properties sold for an average price of £443,550, while semi-detached properties fetched £481,446.
East London, with an overall average price of £415,019 was cheaper than nearby North East London (£459,898), South East London (£483,817) and Central London (£1,419,590). The priciest area within East London was Tower Hamlets (£508,953) and the least expensive was Barking And Dagenham (£261,346).
During the last year, sold prices in East London were 12% up on the previous year and 33% up on 2013 when the average house price was £311,006.