Last year most property sales in East London involved flats which sold for on average £436,981. Terraced properties sold for an average price of £501,771, while semi-detached properties fetched £567,215.
East London, with an overall average price of £466,716 was cheaper than nearby North East London (£514,568), South East London (£524,749) and Central London (£1,640,702). The priciest area within East London was Tower Hamlets (£556,841) and the least expensive was Barking And Dagenham (£303,606).
During the last year, sold prices in East London were 4% up on the previous year and 19% up on 2015 when the average house price was £393,133.