Last year most property sales in East London involved flats which sold for on average £333,952. Terraced properties sold for an average price of £342,511, while semi-detached properties fetched £387,820.
East London, with an overall average price of £340,706 was cheaper than nearby North East London (£364,678), South East London (£383,179) and Central London (£1,339,646). The priciest area within East London was Tower Hamlets (£435,307) and the least expensive was Barking And Dagenham (£202,193).
During the last year, sold prices in East London were 13% up on the previous year and 22% up on 2011 when the average house price was £279,063.