Last year most property sales in East London involved flats which sold for on average £346,712. Terraced properties sold for an average price of £393,888, while semi-detached properties fetched £442,515.
East London, with an overall average price of £369,805 was cheaper than nearby North East London (£413,213), South East London (£422,707) and Central London (£1,391,286). The priciest area within East London was Tower Hamlets (£450,739) and the least expensive was Barking And Dagenham (£227,903).
During the last year, sold prices in East London were 8% up on the previous year and 27% up on 2012 when the average house price was £291,020.