Last year most property sales in East London involved flats which sold for on average £428,506. Terraced properties sold for an average price of £481,225, while semi-detached properties fetched £517,925.
East London, with an overall average price of £450,918 was cheaper than nearby North East London (£494,897), South East London (£513,083) and Central London (£1,717,726). The priciest area within East London was Tower Hamlets (£535,432) and the least expensive was Barking And Dagenham (£302,019).
During the last year, sold prices in East London were 6% up on the previous year and 27% up on 2014 when the average house price was £356,398.