Last year most property sales in East London involved flats which sold for on average £346,318. Terraced properties sold for an average price of £372,491, while semi-detached properties fetched £423,340.
East London, with an overall average price of £360,016 was cheaper than nearby North East London (£396,376), South East London (£414,565) and Central London (£1,519,953). The priciest area within East London was Tower Hamlets (£445,520) and the least expensive was Barking And Dagenham (£219,685).
During the last year, sold prices in East London were 11% up on the previous year and 24% up on 2012 when the average house price was £290,945.