Last year most property sales in East London involved flats which sold for on average £329,858. Terraced properties sold for an average price of £339,086, while semi-detached properties fetched £388,129.
East London, with an overall average price of £337,186 was cheaper than nearby North East London (£363,299), South East London (£377,781) and Central London (£1,308,678). The priciest area within East London was Tower Hamlets (£429,159) and the least expensive was Barking And Dagenham (£199,993).
During the last year, sold prices in East London were 12% up on the previous year and 21% up on 2011 when the average house price was £279,063.