Last year most property sales in East London involved flats which sold for on average £321,379. Terraced properties sold for an average price of £333,445, while semi-detached properties fetched £384,574.
East London, with an overall average price of £330,149 was cheaper than nearby North East London (£357,531), South East London (£370,671) and Central London (£1,230,436). The priciest area within East London was Tower Hamlets (£415,457) and the least expensive was Barking And Dagenham (£194,796).
During the last year, sold prices in East London were 11% up on the previous year and 18% up on 2011 when the average house price was £279,077.