Last year most property sales in East London involved flats which sold for on average £393,878. Terraced properties sold for an average price of £447,412, while semi-detached properties fetched £492,492.
East London, with an overall average price of £419,399 was cheaper than nearby North East London (£464,442), South East London (£483,038) and Central London (£1,419,939). The priciest area within East London was Tower Hamlets (£516,147) and the least expensive was Barking And Dagenham (£267,282).
During the last year, sold prices in East London were 12% up on the previous year and 35% up on 2013 when the average house price was £311,114.