Last year most property sales in East London involved flats which sold for on average £294,471. Terraced properties sold for an average price of £307,745, while semi-detached properties fetched £365,838.
East London, with an overall average price of £304,529 was cheaper than nearby North East London (£339,393), South East London (£349,972) and Central London (£1,205,817). The priciest area within East London was Tower Hamlets (£370,106) and the least expensive was Barking And Dagenham (£186,390).
During the last year, sold prices in East London were 5% up on the previous year and 10% up on 2010 when the average house price was £276,745.