Last year most property sales in East London involved flats which sold for on average £338,683. Terraced properties sold for an average price of £349,256, while semi-detached properties fetched £395,298.
East London, with an overall average price of £346,125 was cheaper than nearby North East London (£372,209), South East London (£390,757) and Central London (£1,373,731). The priciest area within East London was Tower Hamlets (£440,693) and the least expensive was Barking And Dagenham (£206,186).
During the last year, sold prices in East London were 14% up on the previous year and 24% up on 2011 when the average house price was £279,059.