Last year most property sales in East London involved flats which sold for on average £428,722. Terraced properties sold for an average price of £498,570, while semi-detached properties fetched £551,630.
East London, with an overall average price of £459,617 was cheaper than nearby North East London (£508,960), South East London (£527,181) and Central London (£1,617,802). The priciest area within East London was Tower Hamlets (£548,028) and the least expensive was Barking And Dagenham (£305,094).
During the last year, sold prices in East London were 4% up on the previous year and 17% up on 2015 when the average house price was £393,122.