Last year most property sales in East London involved flats which sold for on average £342,030. Terraced properties sold for an average price of £384,907, while semi-detached properties fetched £433,258.
East London, with an overall average price of £363,250 was cheaper than nearby North East London (£406,845), South East London (£419,115) and Central London (£1,484,895). The priciest area within East London was Tower Hamlets (£444,979) and the least expensive was Barking And Dagenham (£223,706).
During the last year, sold prices in East London were 8% up on the previous year and 25% up on 2012 when the average house price was £290,997.