Most of the sales in Tower Hamlets over the past year were flats which on average sold for £515,449. Terraced properties had an average sold price of £895,650 and semi-detached properties averaged at £698,333.
Tower Hamlets, with an overall average price of £556,622 was more expensive than nearby Newham (£456,174), Barking And Dagenham (£368,899) and Havering (£463,587). The most expensive area within Tower Hamlets was Spitalfields (£891,758) and the cheapest was Bromley By Bow (£376,140).
In the past year house prices in Tower Hamlets were 9% down on the year before and 13% down on 2021 when they averaged at £637,535.
