Last year most property sales in East London involved flats which sold for on average £306,626. Terraced properties sold for an average price of £321,340, while semi-detached properties fetched £377,063.
East London, with an overall average price of £317,129 was cheaper than nearby North East London (£350,290), South East London (£362,959) and Central London (£1,238,540). The priciest area within East London was Tower Hamlets (£391,845) and the least expensive was Barking And Dagenham (£190,155).
During the last year, sold prices in East London were 7% up on the previous year and 14% up on 2011 when the average house price was £279,086.