Last year most property sales in East London involved flats which sold for on average £341,610. Terraced properties sold for an average price of £354,212, while semi-detached properties fetched £406,010.
East London, with an overall average price of £349,827 was cheaper than nearby North East London (£378,673), South East London (£397,571) and Central London (£1,368,890). The priciest area within East London was Tower Hamlets (£440,983) and the least expensive was Barking And Dagenham (£209,946).
During the last year, sold prices in East London were 14% up on the previous year and 25% up on 2011 when the average house price was £279,059.