Last year most property sales in East London involved flats which sold for on average £285,592. Terraced properties sold for an average price of £296,692, while semi-detached properties fetched £350,340.
East London, with an overall average price of £294,903 was cheaper than nearby North East London (£318,139), South East London (£331,697) and Central London (£1,193,596). The priciest area within East London was Tower Hamlets (£356,201) and the least expensive was Barking And Dagenham (£183,309).
During the last year, sold prices in East London were 5% up on the previous year and 7% up on 2010 when the average house price was £276,769.