Last year most property sales in East London involved flats which sold for on average £375,091. Terraced properties sold for an average price of £431,167, while semi-detached properties fetched £480,287.
East London, with an overall average price of £401,398 was cheaper than nearby North East London (£446,377), South East London (£471,339) and Central London (£1,364,805). The priciest area within East London was Tower Hamlets (£487,444) and the least expensive was Barking And Dagenham (£252,225).
During the last year, sold prices in East London were 11% up on the previous year and 29% up on 2013 when the average house price was £311,006.