Last year most property sales in East London involved flats which sold for on average £342,842. Terraced properties sold for an average price of £388,513, while semi-detached properties fetched £435,573.
East London, with an overall average price of £365,133 was cheaper than nearby North East London (£410,409), South East London (£421,618) and Central London (£1,419,537). The priciest area within East London was Tower Hamlets (£444,965) and the least expensive was Barking And Dagenham (£225,455).
During the last year, sold prices in East London were 8% up on the previous year and 25% up on 2012 when the average house price was £290,984.