Last year most property sales in East London involved flats which sold for on average £422,294. Terraced properties sold for an average price of £481,509, while semi-detached properties fetched £517,445.
East London, with an overall average price of £447,252 was cheaper than nearby North East London (£492,825), South East London (£509,134) and Central London (£1,764,651). The priciest area within East London was Tower Hamlets (£524,741) and the least expensive was Barking And Dagenham (£303,491).
During the last year, sold prices in East London were 5% up on the previous year and 25% up on 2014 when the average house price was £356,398.