Last year most property sales in East London involved flats which sold for on average £375,206. Terraced properties sold for an average price of £430,068, while semi-detached properties fetched £480,141.
East London, with an overall average price of £400,846 was cheaper than nearby North East London (£444,413), South East London (£466,842) and Central London (£1,330,910). The priciest area within East London was Tower Hamlets (£487,099) and the least expensive was Barking And Dagenham (£249,745).
During the last year, sold prices in East London were 11% up on the previous year and 29% up on 2013 when the average house price was £311,006.