Last year most property sales in East London involved flats which sold for on average £346,486. Terraced properties sold for an average price of £397,905, while semi-detached properties fetched £443,427.
East London, with an overall average price of £371,350 was cheaper than nearby North East London (£415,100), South East London (£428,530) and Central London (£1,411,905). The priciest area within East London was Tower Hamlets (£452,929) and the least expensive was Barking And Dagenham (£229,713).
During the last year, sold prices in East London were 7% up on the previous year and 28% up on 2012 when the average house price was £291,020.