Last year most property sales in East London involved flats which sold for on average £424,359. Terraced properties sold for an average price of £495,786, while semi-detached properties fetched £540,417.
East London, with an overall average price of £454,222 was cheaper than nearby North East London (£507,396), South East London (£523,285) and Central London (£1,676,181). The priciest area within East London was Tower Hamlets (£531,231) and the least expensive was Barking And Dagenham (£302,928).
During the last year, sold prices in East London were 4% up on the previous year and 27% up on 2014 when the average house price was £356,397.