Last year most property sales in East London involved flats which sold for on average £428,326. Terraced properties sold for an average price of £498,311, while semi-detached properties fetched £557,119.
East London, with an overall average price of £459,284 was cheaper than nearby North East London (£507,864), South East London (£526,056) and Central London (£1,665,213). The priciest area within East London was Tower Hamlets (£543,280) and the least expensive was Barking And Dagenham (£303,727).
During the last year, sold prices in East London were 3% up on the previous year and 17% up on 2015 when the average house price was £393,148.