Last year most property sales in East London involved flats which sold for on average £435,919. Terraced properties sold for an average price of £499,214, while semi-detached properties fetched £561,703.
East London, with an overall average price of £464,138 was cheaper than nearby North East London (£511,633), South East London (£526,014) and Central London (£1,708,369). The priciest area within East London was Tower Hamlets (£546,139) and the least expensive was Barking And Dagenham (£302,834).
During the last year, sold prices in East London were 4% up on the previous year and 18% up on 2015 when the average house price was £393,144.