Most of the sales in Tower Hamlets over the past year were flats which on average sold for £511,216. Terraced properties had an average sold price of £831,943 and detached properties averaged at £990,000.
Tower Hamlets, with an overall average price of £526,596 was more expensive than nearby Newham (£382,339), Barking And Dagenham (£301,532) and Havering (£372,660). The most expensive area within Tower Hamlets was Tower Bridge (£1,236,569) and the cheapest was Bromley By Bow (£402,132).
In the past year house prices in Tower Hamlets were 4% up on the year before and 18% up on 2014 when they averaged at £445,249.