Last year most property sales in East London involved flats which sold for on average £428,076. Terraced properties sold for an average price of £478,000, while semi-detached properties fetched £520,683.
East London, with an overall average price of £449,563 was cheaper than nearby North East London (£492,061), South East London (£508,312) and Central London (£1,774,393). The priciest area within East London was Tower Hamlets (£526,596) and the least expensive was Barking And Dagenham (£301,532).
During the last year, sold prices in East London were 9% up on the previous year and 26% up on 2014 when the average house price was £356,396.