Last year most property sales in East London involved flats which sold for on average £395,232. Terraced properties sold for an average price of £452,507, while semi-detached properties fetched £501,285.
East London, with an overall average price of £422,321 was cheaper than nearby North East London (£468,853), South East London (£487,477) and Central London (£1,430,941). The priciest area within East London was Tower Hamlets (£514,828) and the least expensive was Barking And Dagenham (£270,585).
During the last year, sold prices in East London were 12% up on the previous year and 36% up on 2013 when the average house price was £311,106.