Last year most property sales in East London involved flats which sold for on average £302,501. Terraced properties sold for an average price of £318,939, while semi-detached properties fetched £374,081.
East London, with an overall average price of £313,845 was cheaper than nearby North East London (£349,434), South East London (£358,597) and Central London (£1,221,222). The priciest area within East London was Tower Hamlets (£382,375) and the least expensive was Barking And Dagenham (£189,089).
During the last year, sold prices in East London were 7% up on the previous year and 12% up on 2011 when the average house price was £279,086.