Last year most property sales in East London involved flats which sold for on average £421,337. Terraced properties sold for an average price of £470,428, while semi-detached properties fetched £511,591.
East London, with an overall average price of £443,642 was cheaper than nearby North East London (£483,173), South East London (£502,859) and Central London (£1,551,214). The priciest area within East London was Tower Hamlets (£529,103) and the least expensive was Barking And Dagenham (£293,868).
During the last year, sold prices in East London were 10% up on the previous year and 24% up on 2014 when the average house price was £356,417.