Last year most property sales in East London involved flats which sold for on average £286,705. Terraced properties sold for an average price of £299,229, while semi-detached properties fetched £349,920.
East London, with an overall average price of £296,822 was cheaper than nearby North East London (£318,930), South East London (£331,794) and Central London (£1,156,207). The priciest area within East London was Tower Hamlets (£358,604) and the least expensive was Barking And Dagenham (£182,098).
During the last year, sold prices in East London were 6% up on the previous year and 7% up on 2010 when the average house price was £276,757.