Last year most property sales in East London involved flats which sold for on average £428,738. Terraced properties sold for an average price of £490,754, while semi-detached properties fetched £533,115.
East London, with an overall average price of £454,858 was cheaper than nearby North East London (£506,559), South East London (£519,211) and Central London (£1,666,673). The priciest area within East London was Tower Hamlets (£532,522) and the least expensive was Barking And Dagenham (£303,853).
During the last year, sold prices in East London were 5% up on the previous year and 28% up on 2014 when the average house price was £356,398.