Last year most property sales in East London involved flats which sold for on average £344,573. Terraced properties sold for an average price of £367,650, while semi-detached properties fetched £419,525.
East London, with an overall average price of £356,821 was cheaper than nearby North East London (£390,015), South East London (£406,256) and Central London (£1,451,305). The priciest area within East London was Tower Hamlets (£442,569) and the least expensive was Barking And Dagenham (£217,843).
During the last year, sold prices in East London were 12% up on the previous year and 23% up on 2012 when the average house price was £290,945.