Last year most property sales in East London involved flats which sold for on average £365,312. Terraced properties sold for an average price of £421,223, while semi-detached properties fetched £465,847.
East London, with an overall average price of £391,805 was cheaper than nearby North East London (£435,592), South East London (£459,383) and Central London (£1,299,028). The priciest area within East London was Tower Hamlets (£470,779) and the least expensive was Barking And Dagenham (£244,326).
During the last year, sold prices in East London were 10% up on the previous year and 26% up on 2013 when the average house price was £311,028.