Last year most property sales in East London involved flats which sold for on average £345,806. Terraced properties sold for an average price of £361,881, while semi-detached properties fetched £413,170.
East London, with an overall average price of £355,276 was cheaper than nearby North East London (£387,508), South East London (£403,274) and Central London (£1,459,510). The priciest area within East London was Tower Hamlets (£442,578) and the least expensive was Barking And Dagenham (£215,654).
During the last year, sold prices in East London were 14% up on the previous year and 22% up on 2012 when the average house price was £290,942.