Last year most property sales in East London involved flats which sold for on average £323,488. Terraced properties sold for an average price of £335,636, while semi-detached properties fetched £383,597.
East London, with an overall average price of £332,043 was cheaper than nearby North East London (£360,326), South East London (£372,150) and Central London (£1,251,184). The priciest area within East London was Tower Hamlets (£417,780) and the least expensive was Barking And Dagenham (£197,773).
During the last year, sold prices in East London were 11% up on the previous year and 19% up on 2011 when the average house price was £279,073.