Last year most property sales in East London involved flats which sold for on average £343,336. Terraced properties sold for an average price of £374,529, while semi-detached properties fetched £423,924.
East London, with an overall average price of £359,372 was cheaper than nearby North East London (£398,872), South East London (£416,843) and Central London (£1,526,898). The priciest area within East London was Tower Hamlets (£445,124) and the least expensive was Barking And Dagenham (£220,695).
During the last year, sold prices in East London were 10% up on the previous year and 24% up on 2012 when the average house price was £290,974.